Royal Helium Acquires Imperial Helium As Prices Skyrocket
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Helium is a high tech gas, with many uses in multiple high tech applications: MRI Magnets, Fibre Optic Cables for High Speed Internet, Airbags, Hard Drives, Chips in our Electronics and Cleaning Rocket Fuel Tanks. Demand from these and many more are causing supply issues making it a high-priced commodity with forcing upward pressure on prices. The list is varied and demand is inelastic. They don't function without Helium and the world is in short supply. This is where Royal Helium comes into play. They are one of the largest land holders searching for Helium with over 1 million acres of prospective helium land & recently made one of the biggest discoveries in Saskatchewan history. Now they may have outdone themselves having just made one of the most significant acquisitions in Saskatchewan exploration history. They are acquiring Imperial Helium at time when price for the highly valued gas is increasing while simultaneously creating a bigger and stronger helium exploration development company. ..and not only that.....Royal also advanced its timeline to commence helium production in a big way: Increasing near-term production assets & expected early cash flow: Two ready-to-produce helium wells to bring on production along with Royal's Climax wells Accelerated early production profile - 5 wells/2 processing facilities vs 3 wells/1 facility Commercial production has never been closer and the economics are compelling once in production. Check out these pre-acquisition cost and payback estimates: Each well has low costs CapEx & costs $1.5mm per and low Operating Expenses Quick Payback ~6 months generating 3 to 5 million per annum estimated Shallow Well Decline over 11 years – not a rapid loss of gas Lastly, Royal Helium is Eight Capital Top Pick of 2022 “ We see Helium as a key play for 2022”… should be a catalyst rich year for RHC, including plans for first production……Which we see as a catalyst for a major re-rerating event.” Sit back and enjoy this SmallCap discovery as Andrew Davidson, CEO & Chairman of Royal Helium ( RHC:TSXV ) explains how Royal has fast tracked their production plans and simultaneously made them one of the biggest players in the history of Saskatchewan helium exploration.