Monday, August 29, 2022 12:37:49 PM
Offtake agreement: https://royalheliumltd.com/news/royal-helium-signs-new-supply-agreement-with-major-space-launch-company/
Revenue Guidance:
Steveville asset is lower grade 0.43% and Climax lets est 0.65% (51-101 coming soon).
— Airic (@airic101) August 29, 2022
This gives $RHC annual revs of ~$15.5M - $23.5M CONSERVATIVELY at $500CAD mcf #helium.
I remember CEO of $IHC telling me a 10k mcf unit could be purchase for less than $7M. quick payback! https://t.co/D23yhfuCtj
Price Target: $1.85 by Eight Cap – or over 4X from here! (read full analyst coverage: https://research.viiicapital.com/Report/Viewer?ReportId=UlAwMDAwODUzMA==&ClientId=Q0wwMDAxNTUzNw==
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