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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

Comment by Margin321on Apr 12, 2024 9:25am
86 Views
Post# 35985245

RE:RE:RE:Questions for the Board

RE:RE:RE:Questions for the Board

Good comments and I would agree totally if this was a natural gas field. But 13.8% helium means that even with modest flow rates the production from one or two wells would generate a million dollars a day and pay off the olantvin 3 months. Economics are totally different with helium. 

As an example the pinto dome field in Hilbrook badin in Arizona produced commercial volumes of helium for 15 years, fron 7 total wells of which two wells produced 80% of the total. And that was at helium prices very much lower than today. 

If this well has sustainable flow at a reasonable rate (1-2 mmcf/day) then everything else is fairly easy. A stepmout well to add scale and redundancy, scaling and financing the plant, and working through the regulatory issues. 

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