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Bullboard - Stock Discussion Forum Royal Helium Ltd. V.RHC.WT.A


Primary Symbol: V.RHC Alternate Symbol(s):  RHCCF | V.RHC.WT.B

Royal Helium Ltd. is a Canada-based company, with a primary focus on the production and development of helium and associated gases and is currently producing helium from its Steveville project in Southern Alberta. Its helium reservoir at Steveville is carried primarily with nitrogen. Nitrogen is not a greenhouse gas (GHG) and therefore have a low GHG footprint when compared to plants in... see more

TSXV:RHC - Post Discussion

Royal Helium Ltd. > Who ever knew....
View:
Post by Margin321 on Feb 16, 2024 11:49am

Who ever knew....

...how important it would be to count trucks. Without an increasing truck count, they can't cover ongoing expenses including debt service.  I know they have good and experienced engineers working on the plant. An honest and full update would help, as long as there is progress and a timeline for normal operations.  If it just isn't going to work, that would be bad, but that is kind of what the market (LOOK AT SHARE PRICE)  is assuming anyway.

Comment by TheBridge on Feb 16, 2024 1:20pm
Margin321, I might just have to ask Jacob Wurz at the Lathom Hutterite Colony to have some of his young men to drive by the Stevenville plant, take a look over the fence and see what some of those engineeers are doing. Wouldn't hurt for them to drop by and visit with the truck driver if he's still sitting in the cab waiting to get filled. No news is pretty much like rust, it eats away as ...more  
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