Atome Share Discussion Threads

[andymunchkin] 24/4/2024 12:21

bountyhunter31 Dec '21 - 08:05 - 35 of 718
0 1 0
What does green hydrogen mean ..
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whEn theres bUildUp in ur gUt after cheap beer the pUmp starts whEn U sOber Up theDump starts.howsTht bOUnts??

[andymunchkin] 24/4/2024 10:31

YUp AnnOther p&dUmp bY bOUnTYcnT

[mcunliffe1] 24/4/2024 10:29

Not flatlined now bbd2.

[mcunliffe1] 24/4/2024 09:37

Peter Levine. But you'll need to pay him for its use.

[bbd2] 24/4/2024 09:03

Seems to have flat lined. Anyone got a defibrillator?

[dk37] 16/4/2024 11:31

MC, thanks for that, it worked fine.

[mcunliffe1] 16/4/2024 11:23

Seems reluctant to allow me to post the link directly.

However, if you type the following into your browser bar:

Cannaccord Genuity Sharecast ATOM

You'll get their site at the top of the list - at least I did.

Good luck.

[dk37] 16/4/2024 11:18

MC. Can you please post a link to the report?

[mcunliffe1] 16/4/2024 11:11

Sharecast report quotes the Cannaccord analysis. Paints a potentially good picture with next announcements of offtake and debt likely in Q2 of 2024.

[dk37] 16/4/2024 10:52

15/04/2024 Canaccord Genuity Speculative Buy Target Price 130.00p New Coverage

[mcunliffe1] 08/4/2024 11:12

I've just spent 30-40 minutes skimming through the past 200 or so posts on this thread. One thing I've learned is the benefit of including in the post the current share price of the share being discussed.

As I write this the spread is 59p and 63p (sell/buy). Quite large.

Back in November 2023 there were a number of supportive posts with high-hopes for the success of ATOM. Such are few and far between now.

I'll repeat my earlier prediction: the share price will slowly drop over the coming months in the absence of any real activity or company announcements of merit.

[mcunliffe1] 05/4/2024 14:37

Good question i-wil.

I invested a small amount about 2 years back and a further small amount in July 2023. I do not intend to add to those holdings but equally, and in spite of Peter Levine, I will not sell them yet.

As regards PL's minimal impact I'd like to believe there is a director of Atome who is making some impact. It is all far too slow for my liking. I've said this before and other posters have provided valid excuses for the delays. But I feel they are just that - excuses.

I'm from an I.T. background where progress is measured in days and not quarters of the year. Exactly how difficult is it to get machinery out to Villetta? If it is indeed difficult for logistic rather than money reasons, then surely it will be equally difficult to get the fertiliser produced out of Villetta to the world markets.

[investorwil] 05/4/2024 14:02

Has anyone sold because of Peter Levine's involvement here?

I'm hoping he has minimal impact with Atome as I still have shares here, but I'm worried he's going to do a MEN here as well!

[pjohn1985] 04/4/2024 07:39

"as stated since, engineering has taken more time than expected and created knock on effects across the financing and the offtake"

I have just checked back through all of the company releases since January and can't find any statements telling investors of engineering delays or the knock on impacts.

[gowise] 03/4/2024 16:58

From LinkedIn:
"
Olivier Mussat • Following • Following CEO of ATOME
Although linkedin is not quite the right forum to discuss investor questions, I d be remiss not to respond to @ matt phillips who asked a question on another post "When will atome be announcing progress at Villeta. Investors were promised FEED and FID in Q3 2023. We were then promised Offtake in Q1 2024. Here we are in Q2 and none of this has yet materialised. "

Dear Matt, you are correct that we have been delayed in our original program, and as stated since, engineering has taken more time than expected and created knock on effects across the financing and the offtake. And whilst we are now nearing the end of FEED of Villeta, we are in parallel negotiating both the EPC contract and offtake in order to achieve the best possible outcome for the project and all ATOME shareholders.

Rest assured we are not sitting idle on our hands and doing our utmost in creating a first in kind green fertilizer project that will become a blueprint."

[mcunliffe1] 03/4/2024 14:25

I also - in my three grandkid's trust funds. Approx. 870 in total. A very small amount in the great scheme of things.

[chris cat] 03/4/2024 14:19

I still hold a tiny few

[chris cat] 03/4/2024 14:18

Mcunliffe.....I sold my "Free" ATOM shares at around £1.40 after the initial spike, I simply had to see some return for all of my years of pain at MEN, It is perhaps the only good decision that I have made with an individual share in 10 years. Sadly it was tiny fraction of my MEN holding.

[mcunliffe1] 03/4/2024 13:24

This recent situation with MEN and perhaps the one looming at ATOM has caused me to look at things slightly differently.

First though, I take it as a badeg of honour to be down-ticked and laugh at the timidity, nay, cowardice of such down-tickers who cannot stand their ground and justify why they think my opinion is tosh.

However, ATOM was initially intent upon producing Hydrogen and then switched to produce fertiliser. When I say produce I really mean to INTEND to produce.

The video of Olivier explaining how there's a potential market for fertiliser in Europe especially with expected levies on non-green, imported fertiliser really impressed me. He's a smart fellow.

Now I see there's a polyhalite mine operating under the Yorskhire coastline and extending out under the North Sea. ICL own and operate the mine. It is the ONLY such mine in the world at the moment.

The output is green, very, very effective for grass and turf but also a good substitute for other traditional fertilisers. Should the EU slap punitive tariffs on imported non-green fertiliser then I believe Polyhalite out of the Yorkshire mine would compete very favourably with the product ATOME may well produce by end of 2026 and need to ship to Europe at approx. $100 a ton in transport fees.

That aspect is now very much a red warning for me with regard to Atome's possible success.

[chris cat] 03/4/2024 10:42

MCUnliffe...for background...I made a good return on IEC in mid 00s...another PL company, I subsequently followed him to MEN, haven't given back all of my mid 00s gains but a good slug of them. Unfortunately I have similar experiences with other AIM companies, thankfully with smaller amounts so have promised myself that I will never buy another AIM share. Recently came across the term "Lifestyle company".. effectively BOD's just keep raising funds either by Placings/loans, just long enough to keep themselves employed on good salaries....with the never ending promise of Jam tomorrow.
Perhaps the worst thing that happened to me was doing well (by complete luck) made me think it was easy and I've lost ever since. Will be sticking to pooled funds in future.

[mcunliffe1] 03/4/2024 10:07

cc: thanks for the clarification. To answer your initial question; I have not come across something like this before. Ineptitude - often. PL's style - never.

I posted a few weeks back about my mistrust of PL. A 'gut' feel more than a technical determination.

[chris cat] 03/4/2024 09:29

Mcunliffe...Have you ever come across a situation where a company proposing something this radical has ever been voted down? My guess is that it is already well and truly sewn up. He is lawyer to trade, I can't remember the specifics but I do know that as part of the disposal of MEN's assets to PL's private company he securitised MEN's holding in ATOME. There were intercompany loans both ways between his private entity and MEN with the private entity owning more to MEN than MEN owed to it, however (and as always happens in these situations) he was able to tie everything up in his favour.
Perhaps this is one for the MEN board rather an ATOME but thought I'd just answer here for simplicity.

[mcunliffe1] 03/4/2024 09:00

As I understand matters re. MEN (and I may be wrong because I often am) they need 75% of the votes to de-register the AIM listing. I read that they have about 30% for definite. His purchase of over 260,000 shares at 7p a pop helps further towards that 75%.

Now, it could be that more couldn't be purchased easily at a low price, or, he didn't need to purchase any more as he's already at 75% (and lied about the 30%), or, he's intending buying more (or his associates will buy for him).

Whilst skimming through the RNS's for ATOM and MEN I came across an interesting little piece: if he's ever kicked out of chairman of MEN a £12 loan from a company that PL controls becomes immed. payable.

I read on a post that he's a lawyer. It shows.