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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 Jan 01, 2025 10:02pm
391 Views
Post# 36383764

RE:It just keeps getting better and better…

RE:It just keeps getting better and better…
Ruleof72 wrote: The Calgary Herald reported the theft of RHC equipment which prompts the following questions:
1. Can the facility continue to run ?
2. If not is there any business interruption insurance?
3. Why has management not commented on?

According to RCMP, the items stolen are: 

  • Extrel Mass Spectrometer Analyzer;
  • Binary Gas Analyzer;
  • Hydrogen and Moisture Analyzers;
  • PSA Compressor Package;
  • Instrument Air Skid;
  • 4 or 5 Toshiba VFD.

Some former employees knew what was worth taking and knew when they could lift all those Christmas presents. After management attended the Grey Cup everyone likely returned to Saskatoon and no one was around at Steveville to keep an eye on the crown jewels. They could have asked the Hutterite boys next door to keep an eye on things while they huddled in Saskatoon deciding on what the best decisions for the shareholder would be.


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