Royal Helium Ltd. V.RHC

$RHC.v | Interview with Andrew Davidson, CEO @ $RHC.v

[culturedpiggy01]

came across this video of Andrew Davidson, CEO @ $RHC.v discussing $RHC acquiring Imperial Helium + their fast-tracked production plans and updates on production at Climax. Def recommend watching https://www.youtube.com/watch?v=EMaiwJWmYtY

td, $RHC.v @ $0.30 MC $42.82 M

[123600]

talks of well payback in months @4500/mcf. unfortunately you have to produce first to get a payback and we have been waiting for production for a year

[TheBridge]

We're a long ways off from production, you should have been able to figure that out.

[chuck21]

It's unfortunate that two week cold snap we had this year knocked us back a year. Unlucky I guess

[Margin321]

Hope the lack of any money won't push timelinr back.  They have plans to drill 2 wells at Val Marie and then hopefully jump right to Climax to drill a fancy new horizontal to unlock the Nazare using the wizardry of the University of Regina team. (not mocking them, I hope they deliver the perfect drilling and completion strategy!!!). Then as soon as all indications for the IHC combination

[chuck21]

I'm guessing a huge financing in the 20 cent range and then a roll back to reward us investors.

[Margin321]

I am not seeing how a huge financing at 20 cents rewards current investors. And what is a "roll back" and how does that reward us?

[chuck21]

Being sarcastic.

[chuck21]

A roll back. I give them 10 shares and they give me back 1.