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Bullboard - Stock Discussion Forum Royal Helium Ltd V.RHC

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

Royal Helium Ltd. is a Canada-based company, which is focused on the exploration, production, and infrastructure with a primary focus on the development and production of helium and associated gases. The Company controls over 1,000,000 acres of prospective helium permits and leases across southern Saskatchewan and southeastern Alberta. Its helium reservoirs are carried primarily with nitrogen... see more

TSXV:RHC - Post Discussion

Royal Helium Ltd > Interesting development
View:
Post by Stitches on Sep 27, 2022 12:23pm

Interesting development

First off Bucko, just a slight adjustment to your post, Royal Helium is first and foremost a Helium company, and secondly discovered the Lithium deposit, and we wait down the road to hear what will become of that, but a nice ace in the pocket discovery none the less! 

Secondly, interesting that Royal is in talks with the city of Swift Current to find land for the building of a helium liquification plant. It makes perfect sense, mainline of the C.P.R., number 1 highway East and West. and potentially right in between the two major sources of helium. What about the potential of a lithium refining plant? The potentials are almost limitless. Good luck Royal, line them ducks up and knock them down. Develop a good plan and execute in a timely manner. Good luck fellow shareholders!
Stitches.

Comment by Margin321 on Sep 28, 2022 1:02am
Stitches: How does that work?   You need purified helium to bring to the liquification plant, either in Colorado or perhaps a new one in Swift Current. The purifiers cost $10 million give or take. RHC so far cannot finance one or two of those, though it has a plan. Province of Saskatchewan would like a helium liquification facility in the province that would service purified helium from NA ...more  
Comment by Stitches on Sep 28, 2022 11:38am
Well of course you need it to be purified, and I suspect very shortly we will be informed of the plan going forward. Remember, I have only heard they are looking for a potential site, and much has to happen before any plant is built, feasibility environmental, economic assessments have to be done. Then permitting and construction, so these things do not happen overnight, and with the feds ...more  
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