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Royal Helium Ltd. V.RHC

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

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

Comment by Ruleof72on Oct 12, 2023 11:11am
305 Views
Post# 35680557

RE:15000mcf/day

RE:15000mcf/dayHi Subaru1.
the math is 15 thousand MCF a day of raw Nat gas processed to get 22 thousand MCF of Helium for the year. So 22,000mcf x $730 CAD/MCF = $16.06 Million per year so pretty tiny. The key will lie in their cost of sorbent to process the gas. This coming quarter should tell the tale.
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