Decent investor presentation. Hopefully project kicks on end 24 and production in 27 if I understood correctly. |
Another big buy from Schroder. When are we going to see final plans and shovels in the ground? |
Dake1: I'm still looking for justification for the rude comment you made in post 728. I'm never offended by rude comments Dake, but I am offended by a lack of intelligence.
Do you think £10mn is too low a figure or too high? The 100,000 hours is irrefutable as it's quoted in the RNS. I'm ex I.T. and recall what I charged per hour even 25 years ago.
EDIT 7June: I'm guessing your silence Dake1 implies your comment in 728 was unjustified. |
I note that today they are talking about production start up in 2027. In their Feb 14 24 RNS announcing the fund raise they referred to start of full production in 2026. |
I'll accept that may be the case Dake1 - but your enlightenment will be appreciated.
To help, the 100,000 hours of engineering work I have costed at £100 per hour on average. I'm not an engineer.
tia. |
MC you are out to lunch on your math |
Wait for the relapse bbd2.
I can't get overly excited by £55mn value of sales when you need to also consider the costs of shipping the product to Europe or North America. I accept, the product may have a value within South America but it will be at a lower price than that paid in Europe. The FEED talks of having spent 100,000 hours in engineering time, with over 600 engineering documents having been created. Those up-front costs, even before building commences must come in at well over £10m.
I suppose we can only be thankful that the hydro dam on the Paraguay river already exists.
I know I sound skeptical but the frequency of reports of genuine progress emanating from Atome are, in my opinion, too, well, infrequent.
I hope my skepticism proves wrong for all our sakes. |
Mc -The patient is nearing discharge!! |
Thanks for that research MCunliffe1. I inherited these from PPC/MEN and have paid them minimum attention over the last 18 months. Pleasantly surprised that they are talking about construction this year and production in 2027, though of course there will be slippages. |
FEED completed, EPC and offtake on track for the end of the month. Sounds like these are virtually complete but that the FEED was holding up signing the EPC and an offtake couldn't be agreed until the full consultation costs where known. Hopefully we should be getting more news quickly. |
Death throes I suspect. |
Well that flicker of life was short lived! |
The Woodsmith mine in North Yorks is having troubles. Investment over the next couple of years is likely to diminish massively with the result that the polyhalite fertiliser will not be extracted quite as soon as first hoped - if ever.
If ATOME is ever able to produce fertiliser in Paraguay their market in Europe should not be adversely affected by locally extracted fertiliser.
If they ever produce in Paraguay. |
Ahhh interpols favourite convicted criminal crimestoppers1 is back.
Another lengthy absence from the ADVFN boards, which prison was it this time and was it fraud again? |
Hi all, I get PL isn't most +ve guy right now but surely this has legs! A lot of contacts are in place, ATOME seems to be a trailblazer. Is ATOME a good short/long term investment as my limited knowledge seems could be a multiple share price winner but not 100% sure? |
bountyhunter31 Dec '21 - 08:05 - 35 of 718 0 1 0 What does green hydrogen mean .. ---- whEn theres bUildUp in ur gUt after cheap beer the pUmp starts whEn U sOber Up theDump starts.howsTht bOUnts?? |
YUp AnnOther p&dUmp bY bOUnTYcnT |
Not flatlined now bbd2. |
Peter Levine. But you'll need to pay him for its use. |
Seems to have flat lined. Anyone got a defibrillator? |
MC, thanks for that, it worked fine. |