Royal Helium Ltd. V.RHC

OT: Pulsar Helium a real rocket at the moment

[Margin321]

Based on initial results of the Jetstream1 well in Minnesota.

[IfIOnlyKnew]

Hard to understand how a exploration companie is better than a producing companie . Pulsar went from .20 to 1.62 while RHC went from 0.42 to .15 in the same period.  I guess I picked the wrong one !!

[Margin321]

Steveville has 0.38% helium, the processing plant has been several years in the making and is still being optimized, total helium production is 22,000 MCF per year, they have big debt service. Next few projects may be profitable but each one relatively small. Helium concentrations will be higher but probably 0.8 to 1%. Flow rates uncertain but will be lower. Pulsar well has 12.4% helium, if well

[hopeful88]

I guess we invested in the wrong management team (RHC), they talked a great game but have failed to produce. To many management promises and dedlines have not been met. How much new debt have they incurred? This will be a dead duck investment for many years to come. I guess i sound like a bitter loser, but i'll take my loss and move on.