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Royal Helium Ltd. V.RHC

Alternate Symbol(s):  V.RHC.WT.A | V.RHC.WT.B | RHCCF

Royal Helium Ltd. is a Canada-based company, with a primary focus on the production and development of helium and associated gases and is currently producing helium from its Steveville project in Southern Alberta. Its helium reservoir at Steveville is carried primarily with nitrogen. Nitrogen is not a greenhouse gas (GHG) and therefore have a low GHG footprint when compared to plants in other jurisdictions that rely on large scale natural gas production for helium extraction.


TSXV:RHC - Post by User

Post by Margin321on Jul 24, 2023 11:26am
290 Views
Post# 35554290

VIDEO INTERVIEW

VIDEO INTERVIEWSuper, well worth watching.  Just a couple of comments:

1. Hard to beleive that that this facility did not cost more than $20 million dollars. Much more. Impressive that they have mahaged to pull this off as a microcap without ready access to capital.

2. One of the wells has a 8 km pipeline to the facility.  I am wondering about the location of the new Alberta prospect tehy just acquired. Can they pipe gas from that new peospect to this facility.

3. Dean did a wonderful job providing education about the processes involved.

4. I like that the off-take partners are paying to transport the gas to Colorado, liquify it there, and pick it up there.  So there will be separate revenue from that 4 truck operation.

5. Weeks not months.  I can deal with weeks. 



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