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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 TheBridgeon Nov 28, 2023 11:39am
266 Views
Post# 35756385

RE:RE:RE:Swear to god

RE:RE:RE:Swear to god
Margin321 wrote: Thanks, at least there is potential to cover that with Steveville production. No other way to cover that. They have some cash that can test 4 wells and then they can see how economic Val Marie, Omega, and a Steveville well #3 might be. I do not know if they can put the output of one more well into the Steveville plant or if it is maxxed out witht he current two wells at 15 mmcf/day.  Ready access to capital is important, but even if they had access to unlimited capital it has to  be converted to growth in revenues. And eventually profits.

Milley thinks that people are likely getting tired of hearing her comments on this board so this will be the last of her comments for some time. After reading both the Shaawn359 and Margin321 posts this morning Milley said that she is now pretty confident that we'll get a chance to add some more shares prior to spring, somewhere below the 20 cent mark. To make hay you have to give the grass a chance to grow higher than the mower blades and we're hoping for a bumper cut sometime down the long road.


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