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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 Margin321on Mar 26, 2024 11:05am
283 Views
Post# 35952983

RE:Press Release

RE:Press ReleaseNope. Slightly different. Plant operations on terms of purifying helium has been didappointint. They have been transparent about price and about volume they want to produce and sell. They just cannot get the volume to ramp.

With respect to CO2, hopefully the process (once they add 2-3 million worth of equipment) will be much smoother. But they have not disclosed anything about price or production volumes in this contract. So less transparent, but hopefully profuction will be smoother. 
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