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

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TSXV:RHC - Post Discussion

Royal Helium Ltd. > Alberta Energy Regulator Database info for June production

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Post by Just1Question on Jul 24, 2024 12:53pm

Alberta Energy Regulator Database info for June production

The following positives:

Gas throughput improved with uptime (98%) Prior Month 91%
Vent ratio down to (44%) (prior Month 66%)
Net of venting production as a percentage of nameplate up to (30%) Prior month 16%

Negatives:

Total product sales for April to June could be 10% lower than prior quarter due to poor performance in April and May.

We may have finally turned a corner here if July data brings the same or better on all metrics.

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