Member Info for ToxicBull

Almost 100% gain if sid buys, but the city are not interested. There must be rumours flinging about..

Right now the mkt doesnt think a deal will happen, they city boys may know something.

If there is a potential bid at 35p u dont trade at 19p.

Mumbo after jet1 deepening this is what they said about the helium

"Initial data supports the Company's interpreted larger helium-bearing reservoir zone with multiple helium zones encountered throughout the deepening operation from 2,200 feet to 5,100 feet."

Last year when they tested jet1 it took 3 weeks, flow results must be imminent.

Mumbo

He1 wells are shallow and gross pay is only 60m. Here it is 1000m. We already had 821mcf/d flow rate of jet1 before it was deepened.

Jet1 helium concentration will be over 10% and jet2 over 7%. Imho

Last year in the mud logging jet1 got helium shows of between 3.5% to 5%, when they went to the labs it was upto 14.5%....

If you do want to compare plsr compare it to Model Dome field which is couple of miles away from he1 asset. Model Dome Field was high grade 8% plus and average flow rates 0.5mmcf/d-1mmcf/d.

The flowrates PLSR got last year were very good, max rates 821mcf/d and natural flow of arpund 450mcf/d.

These were decent rates some were saying they were poor rates as they trying to compare natural gas flowrates and forgeting NG sells fors $4/mcf and helium over $500/mcf. Investors need to realise these are the rates you get from US. He1 released flow rates today they got max rate around 500mcf/d in colorado.

The Model Dome field in the early 1920 average 0.5mmcf/d - 1mmcf/d, this was high grade helium field. Should compare plsr to this.

Plsr can get to production as they have high grade helium and considering helium and co2 plants are cheap they can add additional modules as the resource increases.

GGG

Whats really interesting is that the gross zone of interest is over 1000m in each well. Plsr said they saw multiple zones of helium when they drilled down to TD. Will be interested to know how it goes.

I know before christmas plsr did gravity survey and they have found other prospects in the acreage and they said they would do seismic on it. Who knows they may release that. Maybe then get some more acreage, dont forget 87% of acreage hasnt been fully explored yet.

Plsr have stated after flowtest they will do another resource update and then do pea.

Tsx know the potential, it will move their before it moves here..

GGG

Whats really interesting is that the gross zone of interest is over 1000m. Plsr said they sa

Model Dome field produced in 1920 between 8%-11% helium concentration, shortly after the state bought the asset.

The field produced raw gas with flow rates between 0.5mmcfd and 1mmcfd.

Plsr in minnesota max flow rates were close to 1mmcfd already, i think topaz project will be just as lucrative as the Model Dome field.

Only 13% of the acreage has been explored, plsr believes its a regional play.

Plsr is getting traction in the TSX, share price is 28p equivalent.

He1 are building co2 and helium plant for under $5m in USA. Looking forward to flowrates for plsr and then eventually to production.

According to this presentation with Thomas below co2 is selling for $30/mcf. 20 mins 40 sec

https://m.youtube.com/watch?v=AttcVHj_ODw&t=952s

Looking back at past interviews with Thomas Abraham-James CEO of Pulsar, he stated Helium gas is going for around $700/mcf and liquid Helium going for $1100. These are staggering figures.

I think CO2 is probably around $6/mcf.

Maximum Flow rates will likely be at least 1mmcfd, last year max flow rates was 0.82mmcfd.

The time is approaching where flow rates for both wells will be released looking forward to it...

"The evaluation estimated the volume of helium recoverable from a single well that taps into 13% of the overall land that Pulsar Helium owns in Minnesota. The results showed this one well contains 22.9 million cubic feet (649,000 cubic meters) of helium, ..."

"Extrapolating the new data to estimate the amount of helium beneath Pulsar's overall land position comes with large uncertainties, but 176 million cubic feet (5 million cubic meters) — the number one gets by multiplying 22.9 million cubic feet by 7.7 to cover 100% of the land position — "may not be too far off" the actual volume of helium in the reservoir, Gluyas said."

https://www.livescience.com/planet-earth/geology/massive-helium-reservoir-in-minnesota-could-solve-us-shortage

Now that they have seen multiple zones of helium in the gross 1000m reservoir im confident flow rates will increase. Next week or two will be good.

There is alot more media coverage online when they first struck helium last year.

This is what i got with Ai google multiple gas zones.

"Yes, generally, flow rates in a gas well tend to increase when multiple zones flow simultaneously. This is because the pressure difference between the reservoir and the wellbore, which drives the gas flow, is larger when more zones contribute to the overall production. "

"A dream. It's perfect": Helium discovery in northern Minnesota may be biggest ever in North America

https://www.google.com/amp/s/www.cbsnews.com/amp/minnesota/news/helium-discovery-northern-minnesota-babbit-st-louis-county/

Scientists have announced a “dream” discovery of a high-concentration helium gas deposit in Babbit, Minnesota. It’s potentially one of the largest, purest deposits ever found and could be a solution to an ongoing helium shortage.

https://www.tortoisemedia.com/2024/03/06/flying-high-us-discovers-dream-helium-deposit

InvestingGold

I said i wont post about PLSR, this statement was made after the discovery of the 2nd well, its in the rns.

I didnt make it, it was the CEO and this is listed in TSX also and i am sure they are more regulated.

Like i said last year discovery of jet1 was only with 170m gross helium bearing zone now its close to 1000m and so is the 2nd well jet2. Flow rates operations commenced on 1st april, keep an eye on plsr. ;-)

Investingoal

The company said that, they deepened jet1 and drilled jet2, the gross bearing helium reservoir in both wells is 1000m. Well cost only 2m and they flowed the highest grades seen in North America. The resource will increase significantly this quarter with resource upgrade.

Punter

Ok i will stop posting here about PLSR.

The problem is many are selling because this get suspended on 31st. They dont know how long it will take for it to be sold as they need to do the accounts.

They may even pull out.. Nevertheless can be lucrative..

Punter

Both assets are in US and both have Primary helium supplies with large amount of CO2.

Blubay

Ststements like the ones below are very appealing, plsr believe with their Helium asset they can contribute SIGNIFICANTLY to global helium supply chain. Keep an eye in it. ;-)

"As we move forward with Jetstream #2 and additional testing, we are increasingly optimistic about the project's ability to contribute significantly to the global helium supply chain."