Price Trend Improving

From stockinvest.us:

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 153.01% during the next 3 months and, with a 90% probability hold a price between $0.286 and $0.509 at the end of this 3-month period.

Is PetroSun, Inc. stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for PetroSun, Inc. stock to perform well in the short-term.

A Major Step to Near Term Production


The new agreement announced today between Desert Mountain Energy and PetroSun is fantastic news as we move closer to generating revenue.

Desert Mountain Energy commissioned their McCauley Helium Processing Facility in January. The joint development efforts will also be a benefit for both companies.

This provides an interim processing capability that significantly speeds up the commercialization of PetroSun’s assets.

Share Summary

At the current time here is what we know.

At 9/30 released in the Financials:

750,000,000 authorized shares

543,307,265 issued shares

Add the transaction in the recent press release of 67,000,000.

Total issued is 610,307,265

Leaving 139,692,735 held in the treasury by the company.

This may not include all changes. They will be released in the upcoming financials.

Keep in mind last year Gordon LeBlanc went from 160 million to 104 million at year end. We don’t know if the entire 67 million in the release came out the available shares or if they include shares that were held by others.

Lithium Update:San Judas I & II $18 Billion new valuation.

All of this information has been updated on the new website in the last few weeks. This shows that good positive progress is being made on numerous fronts.

No updated values have been listed for zeolite clay, nor is it included in these numbers.

There is no confirmation of a resolution to the nationalization of lithium in Mexico, however the updated statement on the website says they plan to develop and produce the concessions.

The website also now includes pricing for lithium.

“We plan to develop our lithium concessions once the permitting process is complete. We expect to find reserves of oil and natural gas as part of our helium recovery efforts and plan to take advantage of these opportunities as they arise.

Lithium Carbonate and Lithium Hydroxide
Surging EV demand has resulted in lithium prices skyrocketing by 550% from 2020 to 2021
By the beginning of March 2022, lithium carbonate prices had passed $75,000 per metric ton.
Lithium hydroxide prices exceeded $65,000 per metric ton in 2022, compared with a five-year average of $14,500 per metric ton.”




SAN JUDAS I AND II LITHIUM

136,444,240 tons of zeolite containing 1763 ppm lithium

Covert ppm to %. Lithium at 1763 ppm = 0.1763%
136,444,240 X 0.1763% = 240,551 tons of Lithium
240,551 tons X $75,000 per ton = $ 18,041,325,000.
Source: PetroSun press release June 14, 2021

$ 75,000 price per metric ton
Source: PetroSun website
www.petrosun.us


With the increase in commodity prices this adds $ 8,762,070,175 in value to the company’s holdings.

UPDATED POTENTIAL RESERVE VALUATION based on current market commodity rates

These are some very large numbers. Given the current trading range there is a very significant disconnect between price and potential value here. Hopefully we see an improvement soon.

I have listed my sources for all of this. Let me know if you have more questions.

REVENUE FORECAST

Year 1 expected yearly revenue $ 109 million and a profit of $ 54 million
Year 5 expected yearly revenue $ 452 million and a profit of $ 329
Million

Keep in mind at the time these estimates were generated commodity prices were lower than current.

Source: Castle Placement – Arizona Energy financing document published on Castle Placement’s website


$ 167 BILLION VALUATION based on minimum expected values
$ 522 BILLION VALUATION based on maximum expected values

These are gross values and do not account for changes in market prices. Additionally, the wholesale versus retail variations on helium are not considered here due to direct marketing of already processed helium to consumers.


SAN JUDAS I AND II LITHIUM

136,444,240 tons of zeolite containing 1763 ppm lithium

Covert ppm to %. Lithium at 1763 ppm = 0.1763%
136,444,240 X 0.1763% = 240,551 tons of Lithium
240,551 tons X $38,575 per ton = $ 9,279,254,825.
Source: PetroSun press release June 14, 2021

$ 38,575 price per ton for Lithium
Source: www.austrailanrseourcesand investment.com.au


PARADOX BASIN LIQUID NATURAL GAS

Minimum Expected Reserves 3 trillion cubic feet
Maximum Expected Reserves 10 trillion cubic feet
Source: Castle Placement – Arizona Energy financing document published on Castle Placements website

Covert 3 tcf to mcf = 3,000,000,000 mcf
3,000,000,000 mcf X $ 5.87 per mcf = $ 17,610,000,000 Minimum Expected Value

Covert 10 tcf to mcf = 10,000,000,000 mcf
10,000,000,000 mcf X $ 5.87 per mcf = $ 58,700,000,000. Maximum Expected Value

LNG Price $ 5.87 per mcf
Source Market Price 12-8-2022


HELIUM


HOLBROOK BASIN

AEP 17-1 Disclosed 2.29 bcf X 2,000 per mcf processed

Convert 2.29 bcf to mcf = 2,290,000 mcf
2,290,000 mcf X 2,000 = $ 4,580,000,000
Source PetroSun press release July 5, 2017

PARADOX BASIN

Minimum Expected Reserves 68 billion cubic feet
Maximum Expected Reserves 225 billion cubic feet
Source: Castle Placement – Arizona Energy financing document published on Castle Placements website

Convert 68 bcf to mcf = 68,000,000 mcf
68,000,000 mcf X 2,000 = $ 136,000,000,000
Minimum Expected Value

Convert 225 bcf to mcf = 225,000,000 mcf
225,000,000 mcf X 2,000 = $ 450,000,000,000
Maximum Expected Value

Source: $ 2,000 price per mcf processed helium. Desert Mountain Energy website

These numbers do not include any values for Holbrook Arizona helium other than 2.29 bcf of helium based on one zone test on one well. The remaining numbers of Arizona helium values are unknown, but will increase these totals. Also not included are any values for the additional lithium concessions in Mexico, (options for 4 more).

Questions still exist about the viability of the Lithium resources based on Mexico’s nationalization. PetroSun has hired an attorney to negotiate the company’s ability to move forward on this project. We are awaiting an update on it’s status.

Manuel Seep 2-1 Drilling Complete

Another step in the right direction.

The Manuel Seep well was drilled to a total depth of approximately 4,010 feet. Production casing was then installed and cemented.

PetroSun Chairman Gordon LeBlanc, Jr., stated, "We are excited to announce the completion of drilling operations at Manuel Seep, which we believe to be prospective for helium production. We are currently planning steps to test for the presence of helium in commercial quantities, including logging the well, before we determine a target zone for perforation and flow testing."

Press Release: New CEO search underway

Dr Jerry Bailey resigned as CEO on November 23. Deep in experience Dr Bailey is in his 80s based on information I have found online.

The company continues to be more focused on Helium Production. The new website is entirely focused on Helium development and production.

The Chairman of the Company, Gordon LeBlanc, Jr., commented, "I have enjoyed working alongside Jerry as both an officer and director of PetroSun, and I appreciate his years of service to the Company's shareholders. The Company has commenced a search for a CEO with experience in energy exploration and production operations to lead the Company and execute on our deep inventory of helium opportunities."

PetroSun has Well-Field Processor

Well-Field Processing

Our Modular Liquid Helium Processing (MLHP) Unit is a mobile modular gas processing plant which processes reservoir gas in the well-field.

The MLHP Unit is comprised of several components which are housed in ISO containers, mounted on trailers, and are interconnected at the gas production source.

PetroSun manages its own transportation fleet of insulated trailers giving us the ability to deliver liquid or gaseous helium direct to end-user customers.

These small processing plants are a fraction of the cost of traditional helium processing plants, and have the advantage of being easily relocated when productions stops in a gas field.

Depending upon the geologic formation gas composition, the MLHP can be modified to produce natural gas (LNG), liquid CO2, in addition to commercial grade helium. Helium quality from the MLHP unit will be commercial grade (99.999%), and will normally be compressed for tube trailer loading.

Liquid helium (LHe) can also be produced from the MLHP unit if required. Loading of LHe into cryogenic trailers, requires the production of liquid nitrogen (LN), which can also be performed by the MLHP unit.

New Corporate Website online.

www.petrosun.us

Significant amount of new information.

Summary to follow.

What is your source on this?

I find nothing online referencing any of this other than Kerry meeting and no reference to concession buybacks.

Thanks. I am curious as well
Not sure why posting twice. Can’t cancel either

What is your source on this?

I find nothing online referencing any of this other than Kerry meeting and no reference to concession buybacks.

Thanks. I am curious as well

Let me know if you have more questions

To access Financial Statements

Go to otcmarkets.com
Enter PSUD
Go to Disclosures

All Statements are there.

Update on 2nd Quarter Financial Statements

All encouraging information

6,000,000 share option for Dr Bailey
6,000,000 share option for Andrew Levy

Andrew Levy, Greenwich, CT of Redstone Capital on the Board of Directors

394,469 acres under lease in 4 corners area.

On July 12, 2022, the Company executed an amendment with the assignor of its Manuel Seep properties, who is the original lessee of the properties under lease. As part of the amendment, which extended the leases, the Company agreed to complete drilling on the wellbore designated as the AEP 2-1 MS on or before September 30, 2022.

On April 21, 2022, new legislation was signed into law by Mexican President Andrés Manuel López Obrador to reform the lithium mining industry in Mexico. The legislation banned the issuance to private or foreign companies of concessions for the operation of lithium mines. The applicability of the new legislation to existing mining concessions is unclear at this time, given that the Mexican Constitution contains a prohibition on nationalizations by the country’s federal government. The Company has retained legal counsel in Mexico to advise regarding the impact of the legislation on the business plan of the Company’s wholly-owned subsidiary Teche Mining, LLC. The Company is a party to installment purchase contracts for two lithium concessions, an installment purchase contract to acquire a property that suitable to support mine logistics and operations, and option contracts to acquire four properties that are potentially prospective for lithium.

Nothing But Positive Lately.

Low prices don’t make sense to me either. A good opportunity to buy some more under .50, which isn’t high enough in my opinion.

2nd quarter due next week. Hopefully more information that is helpful. With new management, financial restructuring, and an updated development plan I am optimistic.

Anticipating More News Soon

US Natural Gas Futures surged more than 11% at one point on Wednesday to $9.75 per million British thermal units (MMBtu), the highest level since July 2008. EU gas supply is fragile and EU officials working on ways to cut consumption due to supply issues. All will continue to move prices higher.

Helium going higher, if available at all.

2nd quarter financial statements due August 15.

Reserve values continue to rise.

Head of Field Operations Hired

Christopher Sumner will serve as Head of Field Operations for PetroSun.

Sumner, will oversee and advise Seidel Technologies in this work.

The Board has approved the Company's largest exploration and development program to date.

Major Press Release: Seidel Technologies Hired


The Board has completed a review of the company projects and approved the hiring of Seidel Technologies.

PetroSun has engaged Seidel Technologies ("Seidel") to prepare and execute the development program. Seidel will serve as the general contractor, providing engineering and project management.

Seidel Technologies

Privately Owned
Total Employment 20+
Help develop $100 billion of client assets in 13 years
Over 200 clients served
Founded in 2009 to "create collaborations in energy development"
Over 1200 wells drilled and completed
Multiple basins in North America (US and Canada)
International operations in Russia, West Africa and Australia
Offices in Denver Colorado and Calgary Alberta Canada

This stage of development will focus on Holbrook Basin Arizona and Paradox Basin Utah. All projects are expected to produce Helium and Paradox Basin is also expected to produce Natural Gas.

Lithium Concessions may still be in place

Good News from Nikkei Asia

It's possible that the Supreme Court will have the last word because the new law says nothing about existing concessions," said Oscar Ocampo, coordinator for energy at the Mexican Institute for Competitiveness.

Marcos del Rosario, a professor of social politics and legal studies at Mexican university ITESO, said that the government had to honor previously issued mining concessions. "There is a principle in law that establishes there cannot be retroactivity in detriment of the people," he said.

Major Balance Sheet Improvement and Corporate Refocus

According to the March 31st, 2022, Quarterly Report:

The company is going to spin-off exploratory stage businesses that are not part of the core businesses. The core businesses include oil, natural gas, helium exploration and production and the prospective zeolite and lithium mining business.

With the Stock Purchase Agreement and the Debt Equitization there is a significant increase in:

Total Assets increased to $52,499,802 from 15,177,867 as stated on 12-31-2021

Exploration and Evaluation Assets increased to $46,589,392 from 10,408,678 as stated on 12-31-2021

Total Liabilities decreased from $14,677,861 to 2,526,304 as stated on 12-31-2021

Total Shareholders’ Equity increased to $49,973,4987 from 500,006 as stated on 12-31-2021

Clearly Gary Wells and Robert Alexander are now major shareholders and funders of the corporation. Each owning over 92,000,000 shares which is approximately 17% of the outstanding stock for each.

With Tuesday’s announcement of the appointment of Dr Gerald Bailey as CEO we are seeing a higher level commitment to production and revenue generation, in addition to Christopher Hewitt’s highly qualified financial reporting, legal expertise and guidance for potential mergers and acquistions.

With all these events and the state that the commodity prices are in, I have never been more encouraged about the success of the efforts here. Now with adequate capital, highly qualified executives guiding the business and with the knowledge, foresight and vision of Gordon LeBlanc , it is an exciting time.

Traderfan, best to us all.

Hopefully it gets there soon in spite of that. Clearly a discounted agreement. But $24 million is a lot of capital needed at a critical stage.

What we really needed is greater exposure of the business.

I agree. With additional financial support from “significant investors” I expected it to go up. And as you say with the current environment in the energy markets any potential acquisition would be more easily funded by the buyer of PetroSun. So yes. I expect an increase.

PSUD - Potential Reserve Value: $ 128.1 Billion

Lithium - $ 72,165,600,000.
Liquid Natural Gas - $ 14,370,000,000
Helium - $ 41,650,000,000

This excludes any reserve value from Holbrook Basin Arizona which could increase this number substantially. There is not enough released information to estimate Holbrook at this time.

In the last 12 months there have been some significant changes in the holdings of PetroSun, in addition to changes in the market prices of both lithium and natural gas. Helium continues to be in extremely short supply, but determining its price in the market is more complicated because it is not listed on any of the commodity exchanges.

PetroSun acquired a significant portion of United Helium in 2021, increasing the total Helium wells in Holbrook to 5. The company also acquired 4 additional lithium concessions in the same geographic area as San Judas I and II, after core samples of the first 150’ of those properties showed significant lithium reserves. We are awaiting additional reserve information on all 6 lithium concessions. Additionally, in 2021 PetroSun acquired significant increases in 10 projects or properties of the corporation from a significant investor.

In light of the $ 15 million stock purchase agreement and the $ 9.1 million debt equitization by significant investors, the stability and viability of the business appears to be better than before. The current market price of the stock is significantly undervalued based on all of these factors.


SAN JUDAS I AND II LITHIUM

136,444,240 tons of zeolite ( per 150’ sample ) containing 1763 ppm lithium

Covert ppm to %. Lithium at 1763 ppm = 0.1763%
136,444,240 tons X 0.1763% = 240,552 tons of Lithium per 150’

240,552 tons X 2 (Convert to 300’ depth) X $50,000 ( U.S.) per ton = $ 24,055,200,000 potential reserve value in the U.S. market.

240,552 tons X 2 (Convert to 300’ depth) X $ 74,955 ( China ) per ton = $ 36,080,394,480 potential reserve value in the Chinese market.

Source: https://oilprice.com/Energy/Energy-General/Rising-Lithium-Prices-Could-Derail-The-EV-Boom.html ( 2/24/2022 )
Source: PetroSun press release ( 6/14/2021 )
Source: Price in China https://tradingeconomics.com/commodity/lithium
460,500 yuan per ton. Convert 473,500 yuan to dollars: $ 74,955.00. (2/25/2022)

With the significant increase in lithium prices these new calculations help provide better insight into potential lithium reserve values. If ppm in the lower 150’ sample are within the range of the upper 150’, then these numbers give us some indication of potential. Initial sampling of San Judas I and II was to a depth of 150’, subsequent samples were taken to 300’ in the concessions.

With the additional 4 lithium concessions in the same area, if the volume and ppm of lithium are within a reasonable range of the San Judas I and II the potential lithium reserve value could be as high as $ 24,055,200,000 X 3 = $ 72,165,600,000.

All of these estimates are clearly heavy with assumptions. But this at least gives us some view of potential. It also provides you with base numbers to adjust the estimates up or down based on your own assumptions. Keep in mind the market prices are accurate based on the sources listed, as are the volume and ppm in the 150’ samples in San Judas I and II. Whatever the actual samples and volume are for the 4 new concessions and the lower 150’ of San Judas I and II, these are some big numbers, with lithium demand doing nothing but going up.


GOLDEN EAGLE LIQUID NATURAL GAS

Minimum Expected Reserves 3 trillion cubic feet

Source: Castle Placement – Arizona Energy financing document published on Castle Placements website

Covert 3 tcf to mcf = 3,000,000,000 mcf
3,000,000,000 mcf X $ 4.45 per mcf = $ 14,370,000,000. Minimum Expected Value

Source: https://tradingeconomics.com/commodities
Natural Gas MMbtu to mcf ( MMbtu/ 1.037= mcf )
LNG Price $ 4.6160 per MMbtu / 1.037 = $ 4.45 per mcf ( 02/24/2022 )


HELIUM

HOLBROOK BASIN ARIZONA

AEP 17-1 Disclosed 2.29 bcf X $ 612.50 per mcf processed

Convert 2.29 bcf to mcf = 2,290,000 mcf
2,290,000 mcf X $ 612.50 = $ 1,402,625,000

Source: PetroSun press release July 5, 2017

This is only for one zone of one well. No additional reserve estimates have been disclosed. This estimated value is not included in the total listed above.

PetroSun has based on press releases in 2021, 5 completed commercial wells in Arizona with one more in process of completion, Manuel Seep 2-1, and one more potentially planned in the next 90 days, Chambers Anticline 32-1. The significant helium percentages in Holbrook lead to the potential of very significant reserves in Arizona.


GOLDEN EAGLE UTAH

Minimum Expected Reserves 68 billion cubic feet

Source: Castle Placement – Arizona Energy financing document published on Castle Placements website

Convert 68 bcf to mcf = 68,000,000 mcf
68,000,000 mcf X 612.50 = $ 41,650,000,000 Minimum Expected Value

Source: $ 612.50 price per mcf processed helium. Desert Mountain Energy website, Cormark analyst’s report. Cormark follows a number of companies in the Helium E&P market.

Spot Market prices for processed helium have been reported significantly higher than $ 612.50 per mcf.

This statement is my personal opinion and does not represent the opinions of any other person. It is an opinion from a lay man and is given to pique your interest and not to influence any action on your behalf.

Happy News!

PetroSun Announces $24.0 Million Recapitalization

• Company Receives $15.0 Million Equity Commitment
• Recapitalization Also Equitizes $9.1 Million of Existing Debt & Accrued Interest
• Net Proceeds will Primarily Fund Lithium Projects and Helium Development

A "Strategic Investor" has executed a $15 million stock purchase agreement.

Additionally, a debt conversion agreement was executed with "Certain Strategic Investors and Lenders and immediately equitizes approximately 85% of the Company's long-term debt.

Gordon LeBlanc, Jr., the Chairman and President of PetroSun, Inc., said, "This Stock Purchase Agreement represents a tremendous vote of confidence in the Company's core lithium and helium projects. The proceeds from the stock sale will finance the Company's continuing acquisition and development of its mining concessions in northern Mexico, which we believe hold significant, economic quantities of lithium and other precious elements, in addition to zeolite clays for agricultural uses. The transaction will also fund near-term drilling and completion activity to develop helium production in the Holbrook Basin of Arizona and helium and natural gas production in the Golden Eagle Field of Utah."

Gordon LeBlanc, Jr. commented, "This equitization of existing debt is another key step in the Company's development of its existing projects. The equitized debt consisted entirely of loans from various existing investors in PetroSun. As such, the equitization reflects their continued confidence in the value of the Company's core projects. I remain very appreciative their continued commitment and support."

It does appear the holders of the long-term debt would rather own stock in PetroSun than be paid back their $ 9.1 million dollar loans to the company. This also improves the financial statements as we look forward to more investors and analytical review of the companies results and prospects by potential institutional and commercial investors with uplisting.

More good news and assurance that important partners of the company are fully supporting the efforts to complete projects and generate revenue. This is looking safer and more substantial than before.

Major News 2 New Press Releases

Summary to follow

Regarding Natural Gas

On August 3, 2021 a press release indicated methane in the gas stream ranging from 69.7-80.86%. Significant quantities. Keep in mind this is only on the Golden Eagle project in Paradox Basin Utah.

The Holbrook Arizona wells contain primarily nitrogen along with commercial quantities of helium in the gas stream.

There are multiple areas of increase.

The 74.78% equity position in United Helium acquired this year. There are 3 wells with commercial amounts of helium. This doubles the helium wells in Arizona at the time of the acquisition.

Confirmed natural gas levels in Paradox Basin wells, previously undisclosed. Plus the additional production capacity on the wells worked on this year in Utah.

4 additional lithium leases in Compania Minera La Meseta. This increases the total number of concessions to 6 in 2021, up from 2.

Good luck in your decision.

Keep in mind, everything thing I post is sourced. The price forecast I used was from stockinvest.us
Today it shows .53-.71. This is a technical analysis forecasting model. I am not sold on these for a company in development with a limited number of shareholders. I am still more interested in fundamental analysis. But, it is what one model showed and anyone on here can look at it if they choose.

Am I still bullish? Yes. Latest press releases indicate revenue this year. Clearly this has taken longer than some of us wanted, but the assets have increased significantly in the latest 12 months. Additionally we have 2 major newer shareholders who are investing and loaning the company money.

With Gary Wells and Robert Alexander so deeply involved I would expect they will continue to support the final stages of development to get to revenue generation. Their upside, and ours are significant.

In August PetroSun announced their plans to uplist off of Pink Sheet classification. They indicated the immediate plan is to remain OTC, which is fine. There are many very large, heavily traded stocks on OTC owned by major institutional investors and the broader general public.

It appears that this may be the best time to invest in the company. They have indicated they expect to begin production in 2022. Additionally, the addition of 2 additional major shareholders who are helping fund the last stages of development is very important. Gary Wells and Robert Alexander have a significant amount at stake, but also potentially could make huge returns here.

Best of luck in your decisions. Heres to a very successful and prosperous 2022 for us all.

Vega2. I completely agree.
Hang on baby.
I smell money….
I would say its time to share this with your friends.

Major Announcement # 2 – M and A potential

Announced on September 13, 2021 PetroSun announced the reorganization of the company into 2 divisions and the hiring of 2 CFOs to head each unit.

Both Joseph Pukaite, over the Energy Division of PetroSun, and Christopher Hewitt, over the Technology and Renewable Division, not only have Oil and Gas experience but we are told both also have Merger and Acquisition experience.

With Gordon LeBlanc 69 years old and Dr Jerry Bailey over 75, it is entirely possible the company is being structured for a sale.

In addition, Gary Wells owns over 42 million shares and Robert Alexander owns over 89 million shares. They are major stakeholders who stand to make a very substantial return on their investment upon the sale of PetroSun.

This points to a very good opportunity for current and new investors. Big Assets and Major Returns are in view.

Major Announcement # 1 – Acquisition of minority interests in projects

According to the 3rd Quarter Financial Statements, PetroSun issued over 89 million shares of stock to acquire very significant ownership percentages of existing company projects and entities from Rae Ann, LLC.

This gives PetroSun a higher ownership percentage in all the below listed entities moving forward.

It appears that Rae Ann, LLC preferred stock in PSUD instead of owning a percentage of each project/entity individually. A good sign for increased stock value. Conversion timing matters.

Per the financial statements:

On September 20, 2021, the Company executed an agreement (the “September 2021 Agreement”) with Rae Ann, LLC (“Ray Ann”) to acquire all of Rae Ann’s interests in certain projects and other holdings in which PetroSun also holds interests. As consideration for the acquisition, the Company agreed to the issuance of shares in the Company equivalent to 17.5% of the pro forma, outstanding, diluted shares of the Company as of June 20, 2021.

Pursuant to the agreement, the Company will convey 89,171,959 shares to Rae Ann. The September 2021 Agreement is the latest of several letter agreements entered since July 29, 2016 between the Company, its subsidiary Arizona Energy Partners, LLC (“AEP”), and Rae Ann wherein Rae Ann provided funding. Rae Ann LLC, sole member is Robert Alexander.

The Company acquired incremental interests in certain projects in which the Company already owns interest, including the interests presented in the following table:

Project / Acquired Rae Ann, LLC interests

Princess Energy, LLC, 37.5%

NZ Legacy, LLC leases in Navajo and Coconino Counties, AZ, 37.5%

PetroSun Golden Eagle, LLC, 25.0%

Holbrook Basin Project-Working Interests, 12.0%

Holbrook Basin Project-Distribution Facility Ownership, 12.0%

Holbrook Basin Project-Processing Plant Ownership, 12.0%

Eau Resources, LLC , 20.0%

New "Eau" Entity, 20.0%

AgWater Solutions, LLC, 20.0%

Teche Mining LLC. 20.0%

Increases the value of our reserves.

Even bigger numbers.
The value of the natural gas reserves is very significant. Paradox Basin numbers disclosed expected production up to 10 trillion cubic feet of methane/LNG.

At 5.50 per mcf that would put LNG expected reserve value at $55 billion.

Big News

Closed on the acquisition of 4 additional lithium leases.

Plus

The Company has entered into an agreement to commence the manufacturing of an initial processing system and it expects this system to begin operations during 2022.

Coming together in a big way.

$ .98 - 2.15 per share within 3 months

From stockinvest.us

90% probability of .98 to 2.15 per share by the end of this 3 month period.


The PetroSun, Inc. stock price fell by -8.16% on the last day (Thursday, 26th Aug 2021) from $0.49 to $0.45. and has now fallen 3 days in a row. During the day the stock fluctuated 5.70% from a day low at $0.45 to a day high of $0.48. The price has risen in 5 of the last 10 days, but is still down by -10% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -72 thousand shares and in total, 34 thousand shares were bought and sold for approximately $15.47thousand.

The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.40 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 144.26% during the next 3 months and, with a 90% probability hold a price between $0.98and $2.15 at the end of this 3-month period.

PetroSun 2nd Quarter F/S and Business Update

Total Assets increased 3,792,206 to $ 17,601,205

Gary M Wells, an involved shareholder of PetroSun operation, is providing loans and also is a significant shareholder of the corporation. Listed as an 11% owner of PetroSun. Gary Wells is a former member of the board of the Federal Reserve Bank of Chicago and Iowa Business Council. Additionally, Gary served as the Chairman of the International Ice Cream Association and the International Dairy Foods Association. Mr Wells is the retired CEO of Wells Dairy of Lemars, Iowa. Wells dairy is a market leading ice cream producer.

PetroSun is performing a nationwide search for a Corporate Chief Financial Officer through Preng of Houston,Texas.

Sun MicroMobility / Organic Transit. The company currently has orders for more than 300 ELF vehicles. Production and Parts Distribution are ongoing.

Eau Resources. Multi-month processing project in San Juan Basin ongoing.

Lithium. Completion of title work on 4 additional concessions. This will take the total to 6 within the San Judas area. Undertaking additional coring to 300 feet which potentially doubles the area available for lithium and rare earth element production.

Helium - Holbrook Basin. The Holbrook Basin Helium Development 2021 six-well program is underway. Manuel Seep 2-1 entering final completion. Chambers Anticline 32-1 development well to be drilled by September 30, 2021. Well to be located on a proven lease.

Helium - Golden Eagle Exploration. Paradox Basin #3 well underwent testing and recompletion during July. The work was successful and the well is awaiting production with helium concentrations to 1.64% and methane gas up to 80.86%.

Paradox Basin # 1 is scheduled for a 7500 foot lateral line to be drilled in September 2021. The purpose is to encounter fracture zones that communicate with the Leadville formation which has historic helium production with helium concentrations above 7%.

Upon completion of the Paradox Basin #1 lateral line the company plans to locate a helium processing plant on the leasehold to produce, process, and distribute commercial grade helium.

Easily 20.00 a share
Down the road
Big returns

Maybe one of my favorite posts here.
Post No 561

These opportunities are really rare.

Many of us have already made a big return.

Looking forward to seeing this grow more.