Molecular Energies Share Discussion Threads

[barony] 05/12/2022 15:49

Re header, I thought we were in profit? What is t/o? (Surely not all cash is trapped in Argentina?)

[technohead] 01/12/2022 21:57

Lets hope so Piper!

[technohead] 01/12/2022 21:57

Lets hope so Piper!

[all in eol] 01/12/2022 21:29

Apart from the above there’s likely a lot going on behind the scenes that we haven’t been updated on as yet.

Water flooding.
Triche wells optimised flow rates.
Farm in.
Paraguay rig and spud date update.
Progress on the initial lithium project.
Gone quiet on acquisitions - you never know??

[all in eol] 01/12/2022 20:51

Peter Levine, Chairman, commented:

"It is fact that the creation of ATOME Energy by President, its spin out and flotation has been value accretive to President shareholders. However, the value of the retained investment interest of nearly 28% in ATOME has clearly not been reflected in President's share price. Our conclusion is that investors do not ascribe proportionate value to President's core hydrocarbon business, which therefore acts as a negative influence to the value proposition of President as a whole. Green House marks the commencement of the evolution of the AIM listed President Energy and emergence from the past whilst at the same time not neglecting its present core hydrocarbon business

"The progression to a Group with separate business divisions having their own motivated management and funding capabilities yet delivering value to the public company shareholders has been successfully demonstrated by the spin off and listing of ATOME Energy PLC. ATOME has created for shareholders in President multiples of the value of money originally invested in its creation and continues to benefit the Group through its near 28% holding

"The move of Green House into the strategically important lithium market is a first step. We believe that by the end of this year there will be other prospective projects coming under the Green House division

"President will capitalize on this experience and create more such opportunities within the broader alternative energy economy

"Nevertheless, for now we must also not neglect the fact that we are also a traditional energy company, currently with increasing turnover and profitable core earnings from hydrocarbons. This will continue to be the case for the foreseeable future, but with this business unit in good operational shape I personally can turn my focus to deal-making where I believe can be of most value

"I am energised by moving to have a focused emphasis on the innovation and deal making I thrive upon. I will remain a major shareholder and principal funder of President. A new, motivated Group CEO / Management team at the top of the Group structure will be put in place before this move."

[piperpeter] 01/12/2022 18:58

Unbelievably, MEN's 27.9% shareholding in ATOM is now worth 71% of the entire MEN market cap.

27.9% shareholding in ATOM = GB£11,062,350

MEN's current market cap = GB£15,538,463

Pp.

[all in eol] 01/12/2022 07:04

Highlights

-- ATOME's green hydrogen and ammonia Villeta Project expanded to a world-scale 120MW capacity capable of producing
up to 100,000 MT of ammonia per year

-- Villeta with first production within 30 months from now is the largest announced green hydrogen and ammonia
project in Latin America based on 100% renewable power available today

-- ATOME appoints global leader in ammonia Casale with internationally recognised engineers Urbas Energy-Ingeser and
TSK working in cooperation as its FEED Consultant for Villeta Project

[bengal1] 30/11/2022 16:13

Pp won't post them.

[chris cat] 30/11/2022 15:55

PP - Any word on those production figures?

[chris cat] 30/11/2022 15:20

PP - Any chance of those production numbers? It might help to explain the lack of share price improvement? Would be good to compare after our large investment in those wells

[all in eol] 30/11/2022 11:20

Anyone subscribe?

[chris cat] 30/11/2022 11:18

AIE - I have kept a track of the Argentine production figures since Feb 2020....PP hasn't posted them since May 22. PP, If you are able to update them, then I can update my table and we can see the improvement/decline.

[all in eol] 30/11/2022 11:12

Pp,
I’m aware of the lag in Argentina production figures via the portal, I can’t get November figures till around Xmas.
Is there a lag on the Triche wells numbers or will you have them soon?

[all in eol] 30/11/2022 11:08

Meanwhile Atome in breakout? MEN share increasing in value but not its share price…

[activmojo] 30/11/2022 10:13

Partly not being able to extract cash, but mostly pegged prices for oil and gas and limited export at world prices.
Paraguay drill has become a pantomime, missing the promised news date on the rig and spud is all part of the effort to quell the share price speculation.

[barony] 30/11/2022 08:52

Isn’t that because Men’s Argentina cash is a prisoner there?