Bullboard - Stock Discussion Forum Royal Helium Ltd. RHCCF

Primary Symbol: V.RHC Alternate Symbol(s): 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... see more

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TSXV:RHC - Post Discussion

Royal Helium Ltd. > My interpretation of AER Update from todays data dump

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Post by Just1Question on Aug 22, 2024 6:13pm

My interpretation of AER Update from todays data dump

As per Alberta Energy Regulator Data for July that was released today 22 Aug 2024

Helium Production available for sale ( Net of venting ) for July was lower than June.
uptime was also lower than prior month
Venting ratio (wasted Helium) was higher than prior month

Estimated quarterly saleable Helium volumes and therefore revenues from April to June were 10% lower than January to March.

Likely disapointing financials release for the latest quarter in the coming week

Wondering if Royal has enough revenue coming in to fund optimization without another raise.

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