It's not LUA it's Lua, and there isn't a way to make an element start off with a set life, I believe you cannot replicate the QRTZ PQRT powder effect (with Lua). PROP_CONDUCTS requires PROP_LIFE_DEC
Look at the QRTZ source code, it might help: https://github.com/simtr/The-Powder-Toy/blob/master/src/simulation/elements/QRTZ.cpp
the PROP-CONDUCTS AND PROP_LIFE_DEC are not really needed since you can code them, but its easier and maybe less laggy if you use them, but the string you need to use is 0x4020.