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Royal Helium Ltd. V.RHC

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

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 11:52pm
271 Views
Post# 35993030

Chris Temple video on you tube

Chris Temple video on you tubeThanks for posting that.  Excellent discussion and will be followed by more.

For half of Val Marie they get C$25 million.   The market cap of the company is C$39 million.

So the Stevelille operation and plant which is producing and selling five 9's helium (and will soon add food grade CO2, to the production and revenue stream), And Ogema (wells already drilled, waiting for completion and testing), and shallow Climax (wells drilled), and Cadillac, and Forty Fort, plus mutiple other prospects - PLUS the nazare at Climax which could be a discovery of a whole different scale and which someday will be tested with a horizontal well  - ALL THAT is essentially free.  The shares are very undervalued, especially since the $25 million give them capital to develop the next site and keep going on their growth plan.

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