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.