RE:Just a Reminder
You were right about the "opportunity". Lots of small speculative issues are suffering. Keep thinking RHC will stabilize when they start producing helium and at least have enough revenue to pay their bills and service their debt. Then they can maybe do some testing at Val Marie and Ogema and also figure out how to drill a horizontal well at Climax. Right they don't have enough access to capital to set off on a growth path but hopefully they will quickly figure out how to do that. Good luck to all. I have enough RHC right now but primary helium is still very interesting and their may be winners. RHC has nice contracts for the coming production.
Norht American helium seems to be growing (they are private) with six helium plants on line and a seventh coming in Q4. (they started three plants in a five month period earlier this year. They have long term off take agreement with large industrial gas supply company Air Liquide. They have a 75 million dollar credit facility.
Hoping this new plant at Steveville is wonderful and that trucks loaded with helium are heading off to Coloado very soon. There may also be a liquidifaction facility is Saskachewan pretty soon. Hoping RHC will be an important part of the provincial plan to produce 10% of global helium demand by 2030. That is a big prize.