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Pulsar Helium Inc V.PLSR

Alternate Symbol(s):  PSRHF

Pulsar Helium Inc. is a Canada-based helium exploration and development company. The Company’s portfolio consists of its flagship Topaz helium project in Minnesota, United States, and the Tunu helium project in Greenland. The Topaz is located in the state of Minnesota, 100 kilometers (km) north of the regional center of Duluth. The Tunu Project consists of a Special Mineral Exploration License (MEL-S 2021-45) that covers Liverpool Land in East Greenland and has an area of 2,772 square kilometers (km2) and a Mineral Prospecting License (MPL 2021-46) that covers East Greenland. The project is on the east coast of Greenland in Liverpool Land, a peninsula in eastern Greenland which faces the main European continent. It is five km from Ittoqqortoormiit and 40 km from the Nerlerit Inaat International Airport (CNP).


TSXV:PLSR - Post by User

Post by Margin321on Mar 16, 2024 5:30am
209 Views
Post# 35936306

Flow rate is the key

Flow rate is the keyFlow rates are the second important piece. Economics will be outstanding if the well can be produced at a reasonable flow rate. I hope Pulsar's Jetstream 1 well is aptly named. The name was chosen because the initial blow out well in 2011 roared like a jet engine for 5 days before it was plugged. I hope it wasn't hubris to use that name. 

It will all play out on a few months. If flow rates are reasonable then Pulsar will be off to the races. They will have several non dilutive options to finance a helium plant and they will probably drill a step out well while getting that done. 

It all depends on the flow and pressure tests and resource delineation. 
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