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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

Post by Margin321on Jan 24, 2024 6:00am
330 Views
Post# 35842303

Who would have thought...

Who would have thought...That DME share price  would be over double that of RHC. After their plant failed to deliver anything from Holbrook basin wells, was disassembled and hauled off to New Mexico gas field that hd minimal production. After reassembly there they ar eproducing naturla gas in smallvolumes, hoping to extract helium from some zones and some wels. While working over existing wells that are producing very litle. Won't go over the whole current story there, but is amazing it seems to be more believable at this point than our story. Sure would be nice to get info that the plant is workign as designed and shipping the amount of helium in the plan. That would be 22,000 MCF per year or about 1800 MCF a month.

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