Molecular Energies Share Discussion Threads

[brasso3] 15/3/2024 09:25

The GHC IPO will not happen in Q1 2024. You should not be surprised that MEN has not met this deadline!

[chris cat] 15/3/2024 09:25

PP - By referring to the negative posters, I assume that you are mostly referring to Brasso and I. Despite our negativity over the years, we always wanted the company to succeed as we both hold/held relatively (For me, anyway) and I'm speaking for Brasso, so correct me if I'm wrong sizable positions in MRP, PPC, MEN for many years and all we have seen are losses, missed deadlines, placings, debt, failed workovers etc. The negative 95% figure in red in my ISA attests to what a disaster this has been. I would remind you that they have had capital raises of around $300m that has manifested in a current market cap of £2.5m. Any comments that we made were reasonably well presented with half decent analysis and even our own negative views were spectacularly out performed by the company. Even in the cold light of day, you cannot deny the facts that there has been enormous value destruction over a sustained period.
Even more sadly, like AIE... the fact that they are now able to get the assets to perform when they couldn't over such a prolonged period leaves a very bad taste in the mouth, you also point out what a good thing it is to be shut of $33m of debt, but who loaded that debt onto the company.

[piperpeter] 14/3/2024 22:56

That's about how long the ATOM listing took from when the announcement came of the successful completion of the fund raise by Atome Energy Plc, when details of the dividend in specie were also given, Friday 17 December 2021. The shares commenced trading on Thursday 30 December 2021.

Maybe there is still time, AiE?

Pp.

[piperpeter] 14/3/2024 22:40

Actually, only 14 days taking into account Good Friday and the Easter weekend.

Pp.

[piperpeter] 14/3/2024 22:33

Onto another subject...

Cutting it a bit fine to get the Green House Capital IPO and spin-off listing complete by the end of the quarter.

Only 17 days left.

Pp.

[piperpeter] 14/3/2024 22:12

Why on earth would I wish to discredit you AiE?

If this is what you believe, you are much mistaken.

Pp.

[all in eol] 14/3/2024 22:04

Piperpeter14 Mar '24 - 21:55 - 2542 of 2543(premium)

You continue to try and carefully descredit me. I’m not going to engage with you going forward.

[all in eol] 14/3/2024 21:59

I note your edit. I’ve always been long on MRP, PPC, MEN and my trades have also been long also. I’ve never shorted.
Try and look at how uber positive you have been on here and what’s happened to the share price during that time. I believe I’m wasting my time getting you to look at that….

[piperpeter] 14/3/2024 21:55

What would be the point in disputing it? It will either be an accurate statement by yourself, or inaccurate.

What I do always bear in mind though is, don't believe all of what you read on a public bulletin board, unless you've posted it yourself.

Pp.

[all in eol] 14/3/2024 21:43

Also why don’t you dispute my holding, are you party to such information?

[all in eol] 14/3/2024 21:40

Pp,
I’ve moderated an alias because I believed they crossed the line. But allowed them back. It’s all on the thread to see.
I believe in free speech and everyone entitled to their opinion.
The negative posts on here sadly are showing the reality of the situation over many years here and I wish I’d seen it earlier.
That said I believe there’s something to be salvaged hence I’m still here.
I’m a better trader than a long hence I only have two longs left. Once they play out I’m done with that part of the game.

[piperpeter] 14/3/2024 21:33

Let me put this to you AiE...

Firstly, your core holding may well be greater than anyone on here, I won't dispute that. But with such an interest, share wise, in the Company, why have you seemingly allowed so much one sided negativity by a group of individuals operating here to be vented upon those who dare to forward a positive view, with no counter opinion?

One positive post invariably leads to a dozen negative ones, thus totally drowning out the positives. It's gone on for many years now.

Surely, with the vast majority of this negativity coming from unvalidated users of ADVFN, it would be in your own interest, as a "large" shareholder, to address some of the obvious, at times, incorrect statements being made by these users, and their personal and persistent attacks on other posters, the Company and its personnel?

And for the record; surely being long and short on the same stock is not conducive to expectation of share price increase?

Pp.

[all in eol] 14/3/2024 20:51

And for the record as you call this the traders thread. My trades are long but I’m realistic. And I believe my core holding is greater than anyone on here. But probably have similar paper losses!

[all in eol] 14/3/2024 20:49

Pp,
And little or no profit suddenly turns into increased production after the asset has been sold.
You think about it.

[piperpeter] 14/3/2024 20:47

AiE.

Were you ok with US$33.8 million of debt, with little or no profit to show after all the associated field expenditure and interest payments, AND previously not being able to move monies out of Argentina?

You have a think about it.

Pp.

[all in eol] 14/3/2024 20:36

Pp
so you are ok with the best production coming after the asset has been sold?
Have a think and wonder why and how?

[piperpeter] 14/3/2024 20:19

It is what it is...

The anchor weight of US$33.8 million of debt now released, BUT with the obvious, added benefit of regular payments, receivables, incoming to MEN over the next five years.

Pp.

[all in eol] 14/3/2024 18:59

It leaves a nasty taste but it is what it is…

[all in eol] 14/3/2024 18:58

Piperpeter14 Mar '24 - 18:15 - 100 of 100
0 0 0
Oil production increase from Argentine asset will keep the cash flowing into MEN...

Sep '23.....5,393.733 m3 = 1,133 bopd.
Oct '23.....5,518.192 m3 = 1,121 bopd.
Nov '23.....5,111.886 m3 = 1,073 bopd.
Dec '23.....6,200.861 m3 = 1,260 bopd.
Jan '24.....6,420.292 m3 = 1,304 bopd.
Feb '24.....6,278.141 m3 = 1,364 bopd.

That's approximately 39,553 barrels of oil for February '24 (29 days).

Pro rata, February's oil production is the highest since June 2022.

Pp.

[masergt] 14/3/2024 18:40

Well, that made a lot of difference. Lol.

[piperpeter] 14/3/2024 18:15

Oil production increase from Argentine asset will keep the cash flowing into MEN...

Sep '23.....5,393.733 m3 = 1,133 bopd.
Oct '23.....5,518.192 m3 = 1,121 bopd.
Nov '23.....5,111.886 m3 = 1,073 bopd.
Dec '23.....6,200.861 m3 = 1,260 bopd.
Jan '24.....6,420.292 m3 = 1,304 bopd.
Feb '24.....6,278.141 m3 = 1,364 bopd.

That's approximately 39,553 barrels of oil for February '24 (29 days).

Pro rata, February's oil production is the highest since June 2022.

Pp.

[all in eol] 14/3/2024 07:06

14 March 2024

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

Enterprise Investment Scheme ("EIS") investment status granted by HMRC

ATOME (AIM: ATOM), the only international green fertiliser project development company on the London Stock Exchange, is pleased to announce that His Majesty's Revenue and Customs ("HMRC") has granted EIS status for the investment made by certain qualifying individuals in respect of the equity fundraise which was announced on the 19 February 2024.

The EIS is a UK government initiative which encourages investment in qualifying companies by offering tax benefits for qualifying investors who subscribe for new shares. For the avoidance of doubt, EIS income tax relief is not available for directors or employees of ATOME.

Subject to certain conditions being met by the company and the investors, EIS enables a qualifying investor with a UK tax liability to claim tax relief in the UK of up to 30% of their investment, subject to a maximum investment of £1 million per tax year. In addition, when investors sell EIS shares, any growth in value from an investment is potentially free from UK capital gains tax (to qualify for this relief, income tax relief must have already been claimed and not withdrawn by HMRC. Investors also have to hold the shares for at least three years and the company and its group must remain EIS qualifying for at least three years). Further details about EIS can be found here. Prospective EIS investors should seek their own tax and financial advice.

The directors of ATOME also believe that an investment in the Company would potentially constitute a 'qualifying holding' for a Venture Capital Trust ("VCT") subject to certain conditions being met. A company can receive a maximum of £5 million from EIS and VCT investors on a 12-month rolling basis. The grant of EIS status broadens the Company's potential investor base as it continues to develop and grow. However, the Company reiterates that it intends to finance its first 145MW project in Paraguay at the asset level through its subsidiary, ATOME Paraguay.

The 100% green fertiliser that is targeted to be produced by ATOME from 2026 has a worldwide market, none more so than in the UK and Ireland where decarbonisation of the entire agricultural supply chain from supermarkets down to the farm is gaining increasing traction, importance and support. ATOME looks forward to delivering further positive news in the next months as it moves towards Final Investment Decision and asset level-funding for ATOME's world-scale 145MW green fertiliser facility in Paraguay. For completeness, ATOME has an exciting 100MW project in Costa Rica as well as the Phase 2 300MW project in Paraguay.

Philip Hare & Associates acted for the Company in the successful grant of EIS status and continues to do so

[chris cat] 12/3/2024 15:32

Brave move AIE...hope you are rewarded

[all in eol] 12/3/2024 15:10

Out of my first Atom trade at a small profit and into MEN as the volume is increasing here.