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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 Apr 16, 2024 9:53am
257 Views
Post# 35991314

That is called a MILESTONE

That is called a MILESTONEShould (in normal times) result in a re-rating of the shares.

I can't quite believe that Sparrow Hawk did this deal without testing of the Val Marie well, but maybe that has been doen and the results just not released.  That testing is in the 2024 plan of work, and was also in the 2023 plan of work.

This is on the face of it a wonderful deal, takes a great asset and provides capital to develop it.



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