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Bullboard - Stock Discussion Forum 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 ... see more

TSXV:PLSR - Post Discussion

Pulsar Helium Inc > Plant construction with no money spent
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Post by Dmmh2018 on Apr 12, 2024 12:52pm

Plant construction with no money spent

If pulsar let it be known to the world that if an established helium distributor would build the plant for them, and offered them 10% of pulsar for this that would mean no need to dilute the shares,etc.
If the cost would be 50m and the well turns out to be the best in the world the payout to build the plant even owning only 10% it would only take a few years to pay it off.
probably won't happen but just a thought.
Comment by Margin321 on Apr 12, 2024 1:51pm
The payoff would be three months. With 13.8% helium, if they have to resource to produce at a reasonable rate they can pay of fthe plant within 3 months. There will be lots of options.  Until they prove commerciality, they really cannot make any deals to produce or buy helium.   I would prefer they build the plant and become a helium producer that sells the helium directly to end ...more  
Comment by rhodiumd on Apr 12, 2024 2:57pm
If the proven reserves are of any significance, PLSR may never get to production and will get acquired by the big boys. No way in hell the major players would let "the new guy" take over the market with such a significant reserve and high helium concentrations. 
Comment by Margin321 on Apr 12, 2024 3:40pm
It will be somewhat hard for big boys to swoop in and get a bargain price. Insiders control 75% of shares. ABCrescent B.V. out of Amersterdam is a money marger who took a 15% share and has cheap warrants the keep their holdings at 19.9 %. Everything is for sale at a certain prcce, but at least no worries that the big boys will buy us  for $2-3.  Hopefully there is great value here (and ...more  
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