Atome Plc Share Price (ATOM)

Https://www.atomeplc.com/peel-hunt-podcast-atome-a-pioneering-producer-of-green-fertiliser-interview-with-olivier-mussat-ceo/

Must be time for some news on Paraguay soon. That should get this motoring and will be exciting to move into the construction phase, with more visibility of first revenue timeframe.

Interesting read from : ADFN Evening Euro Markets Bulletin:

Analysts at Canaccord Genuity initiated coverage on Atome with a 'speculative buy' rating and 130.0p target price on Monday, stating the company's choice to focus on finished ammonia fertiliser manufacture was "advantaged".

"Fertiliser is high-value, strategic, tradeable and fungible, and manufacturing it from electricity, water and air (rather than natural gas) gives a completely different cost, security of supply and sustainability profile," said Canaccord Genuity.

In the short term, it expects the company to progress its lead project in Paraguay to put all of the elements for a final investment decision in place later this year, something the analysts expect to be "a material value realisation" event for Atome.

"We believe its strategy of going downstream to monetise island power opportunities is both highly attractive and likely to be followed by other companies on other electricity-driven projects worldwide," added the Canadian bank.

"We expect the next valuation event to be announcements on offtake and debt on the project, expected 2Q 24. We base our valuation on a risked net asset value, which we believe is the most straightforward approach for development companies."

Great bowl forming here, good luck ones who bought at bottom, can c this heading back 80p original placing price.

They may be kid1 if he gets a controlling grip on Atom