Atome Share Discussion Threads

[bountyhunter] 16/8/2023 17:36

Yes the carbon credits announced today are worth a lot, but the FID is taking a while, in today's RNS:

The team of Urbas, Casale, and ATOME's Owner's Engineer AECOM, together with the Company are all working towards the goal of being ready for FID in Q4 2023.

Whereas in thee header the FID was anticipated in mid 2022 with first revenue generation forecast for this year so things have slipped a bit.

[mcunliffe1] 16/8/2023 11:48

500k carbon credits at about 90 euro a pop is 45m euro. Not a small amount for a company of this size/value.

Creating calcium ammonium nitrate - the plan for end of 2025 - would have been VERY valuable over the past couple of years unfortunately. The invasion of Ukraine by Russia sparked a massive increase in the price of CAN - peaking at over $540 a ton when earlier it was around the $280 mark.

With these carbon credits now identified it is perverse that the share price has dropped.

I do wish things would move along though with a litte more pace at ATOME.

[smackeraim] 16/8/2023 08:15

https://www.proactiveinvestors.co.uk/companies/news/1023640/atome-s-villeta-project-can-generate-half-a-million-carbon-credits-annually-1023640.html

[smackeraim] 16/8/2023 07:43

"As a result, the Company estimates that it has the potential to generate approximately 500,000 valuable carbon credits each year. Over a 25-year lifetime, this represents over 12 million credits generated""For reference, carbon pricing under the European Union Emissions Trading System ("EU ETS") compliance market is regularly trading between EUR80 and EUR100 per ton."

[smackeraim] 09/8/2023 09:07

Do my eyes deceive me? Blue?

[all in eol] 27/7/2023 21:29

Olivier Mussat CEO of ATOME Energy: We are playing in a $200bn market, which we can help decarbonise.

[activmojo] 21/7/2023 13:45

What I'm asking is what's happening regards a key element, the first 1MW electrolyser.
We hear a lot about take off agreements, engineering consultants, electrical supply agreements of 120mw, Paraguay becoming the world's largest green hydrogen supplier etc etc. Nothing about the electrolyser which is only a 1mw machine. There is a miss match about if its going to work and what output capacity it might achieve and how are they planning to commence production in 2024. I guess things are moving fast, but its starting to feel bit loose.
The electrolyser should produce UP to 450kgs Hydrogen per day
Back in June we heard;-
UK-based Atome Energy has announced that it is pivoting its Paraguay project to produce calcium ammonium nitrate (CAN) instead of green ammonia. The company says that the change in focus is in response to market feedback, which has shown that there is a greater demand for CAN than for green ammonia.
You don't get much more info from CPH2 on how these electrolysers are progressing.
If anyone has a better handle on this I'll be happy to listen 👂

[cerrito] 19/7/2023 21:05

Activmojo, are you referring to the electrolyser to be supplied by CPH2 who said on April they they hope to be able to deliver it by the end of this year I having resolved the issues that have delayed delivery??

[scaleyman] 19/7/2023 16:05

Just clearing down the missing post mate. "The OCD is strong in this one". LOL

[mcunliffe1] 19/7/2023 15:24

Scaleyman: I don't understand what the full stop is meaning.

[smackeraim] 19/7/2023 10:48

Someone was selling down last couple weeks, offer kept getting stacked every morning. Around 15 grand clears what they have at the moment. Hopefully that's the end of it fingers crossed. Opportunity- someone's pain is your gain.. maybe.

[activmojo] 19/7/2023 09:25

Excellent update, good to hear about the commercial and government backing. What a fantastic position to be in.
How is the progress on the first 1MW electrolyser going?

[barony] 19/7/2023 09:03

Great rns, poor market reaction. +4%!!

[smackeraim] 19/7/2023 08:46

Nice update.

[all in eol] 19/7/2023 07:05

19 July 2023

ATOME ENERGY PLC

("ATOME", "the Company", or "the Group")

Significant further progress

Extension of Villeta PPA to 145MW

300MW pre-PPA signed for Yguazu Project

ATOME (AIM: ATOM), the only international green hydrogen, ammonia, and fertiliser project development company on the London Stock Exchange, with current large-scale projects in Latin America and Europe, as well as hydrogen mobility projects, announces an update on its Paraguay operations.

Highlights:

-- Increase of 120-megawatt ("MW") power purchase agreement ("PPA") at Phase I Villeta Project to 145MW

-- Entry into 300MW pre-PPA agreement for Phase II Yguazu Project with commencement of necessary studies

-- Approval of ATOME's application for tax-free zone status at Villeta Project conditional on completion of environmental studies

-- Multiple expressions of interest from leading international players for offtake of Phase I Villeta production


-- Final Investment Decision ("FID") for Phase I Villeta expected in Q4 2023

[activmojo] 18/7/2023 15:50

Reminder for shareholders with H&L account that the 20th July is the cutoff to vote on the proposals for this year's AGM which involves MEN and ATOME

[smackeraim] 14/7/2023 18:36

One caveat at the end of the Telegraph article.. "Nobody has yet made a commercial discovery ready for the market."Maybe they'll find something to start with in a few years.