It was an excellent first day of dealings for Pulsar Helium (PLSR), the helium project development company. The shares were up 10% on their 25p IPO, and after that, it had £5m in gross funds to develop its flagship Topaz project.
Thomas Abraham-James, CEO of Pulsar Helium, discussing the company’s debut on the London Stock Exchange’s AIM market. Pulsar Helium, a Canadian helium exploration company, chose London for its listing due to strong interest from European investors and the strategic advantage of dual-listing in Canada and London. The company aims to address the global helium shortage, which has resulted in high prices and supply instability over the past decade.
Helium is critical for various industries, including semiconductors, MRI scanners, fiber optics, and space exploration, beyond its common association with party balloons. The interview highlights the impact of geopolitical factors like the war in Ukraine on helium supply, particularly with sanctions on Russia. Pulsar Helium’s main project is in …