It was a transformative day for Royal, which drilled its first helium exploration well in southwest Saskatchewan in January, 2021. Oct. 12 was the day Royal Helium went from being a helium explorer to a helium producer. And after years of spending money in hopes an eventual return and two years, 10 months since it drilled its first well, that revenue will soon start to flow. It already has offtake agreements in place such that half of its helium production is already spoken for, and it will be used to send rockets into space.
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