RE:RE:RE:RE:RE:RE:As We Move Forward
Pulsar has 13.8% helium. They do not know yet if their well will flow sustainably at a good rate. If it does prove commercial then it will be HIGHLY profitable and shares will increase further. If it doesn't flow well or sustainably, then Pulsar could drop back to RHC level.
What RHC would need is the same thing that Pulsar will need. Production of helium at a high enough rate to be very economic.
I keep thinking that Nazare might be their best chance as a different larger scale play. They would have to do a farm in. But they could have a royalty stream that would give them some capital toward their current plan of developing sequentially val marie, ogema, forty fort as small independent operations, similar to the North American Helium (private company) business plan that has been successful.