Closing in on Production / Webinar Later Today When people think of helium, they often think about balloons and the high-pitched voices that result from inhaling it. However, helium is one of the most useful elements on the periodic table due to its status as a light and extremely stable noble gas. It's used in industries from semiconductor manufacturing, MRI, to rockets.
$RHC.V is a company taking advantage of the growth in demand and stagnating supply with its numerous helium properties. They already have an initial off-take agreement with a North American space company for $450/mcf and will produce helium with a 90% lower carbon footprint compared to industry peers. And with helium prices continuing to rise in combination with the new US focus on domestic manufacturing for things like semiconductors, there could be significant room to grow and sign off-take agreements in the $600+/mcf range.
Their recent acquisition of $IHC.V and their numerous helium properties with production expected next year allows for significant upside especially looking at current market conditions. Definitely will be keeping an eye out for any further developments as there are a number of incoming catalysts.
$RHC.V is also hosting an investor webinar today at 1:15PT, is highly recommend checking it out if you're interested: https://twitter.com/heliumltd/status/1574369572299411456?s=46&t=a8puuZubmPAUVK1EY2halA