$PSRHF This just quantifies what they have to sell. That way they dont over promise or underdeliver come production time. I have high hopes for takeoff agreements prior to the July 31st deadline for the facility payments.
$PSRHF The Company believes that the combination of an accelerated plant schedule, near-term deployment potential, third-party processing revenue opportunities and future Topaz feed gas provides a differentiated and potentially financeable development structure that should support constructive financing discussions, including equipment finance, project finance and other strategic funding alternatives, subject to final diligence and market conditions.
Is near term this summer or next year? If this year that could be massive
$PSRHF picked up a couple thousand more...all my shares have been de risked a tremendous amount today.. Next big news will be updated resource report. High pressures multiply resources!
$PSRHF Hello everyone.
News is positive but not all that great. Of course they were going to sign a Loi to build a plant. Why else even do any of this.
But stock won't run until A. The terms of the financing are released with minimal dilution. B. They actually start building the plant. C. They begin producing.
Sorry longs...
$PSRHF On the financing front, it’s possible that we will get news soon, based on TAJ’s comment: ”The parties have agreed to use commercially reasonable efforts to negotiate and execute the Definitive Agreement by 31 July 2026.” Presumably execution can’t happen unless funding is in place.
$PSRHF "Pulsar is actively evaluating financing options for the plant acquisition and deployment. The Company expects these alternatives to include a combination of commercial debt, equipment finance, project finance, and revenues generated from gas production and processing."
These guys are trying their best to avoid huge dilutions. No guarantees of course!
My projections (Lots of assumptions here): He4 revenue ($175 million @ $800/MCF) + CO2 revenue (~$4 million @ $35 / tonne) = $179 million++; Conservative EBITDA estimate of $70 million. At a 10x multiple: $70 * 10 million/187million shares = $3.75 share price.
Next: Need more details on financing; more details on the construction timeline; He4 offtake agreements.
Lastly, I am hoping for some government contracts for the production of He3!
