Plenty of Armchair Geologists…29 Oct 2024 21:11
Predator Oil & Gas, LON:PRD, the Jersey-based oil and gas exploration company with exploration plays in Morocco, Ireland and Trinidad and Tobago, is moving into the Helium market…. https://www.thearmchairtrader.com/uk-shares/predator-oil-and-gas-helium-morocco/
The Armchair Trader recently reported on the growing strategic importance of this lighter-than-air inert gas, when we covered the IPO of Pulsar Helium [LON:PLSR] on AIM earlier this month.
As reported, helium has many industrial uses, including semiconductor manufacture; in modular reactors to transfer heat from the reactor to a steam generator; MRI scanners, where helium is used to cool copper coils to convert them into a superconducting state; leak detection, which is essential in aerospace and engineering; in spacecraft to purge gas for hydrogen systems; fibre-optics; hard drive performance and of course deep-sea diving, as well as inflating party balloons.