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The way I read it is small raise at IPO to take it to FID. At FID there will obviously dilution but hopefully at a higher SP. As for the split I’m not sure either..
RNS
Not long to find out if the rocket will be lit.
"Jet engines that run on ammonia rather than kerosene under development"
https://twitter.com/atomehydrogen?s=21
Plus a link to an article in the Telegraph
Landed in my ii voting mailbox yesterday. I’ve read it and voted ??
Nearly there.
#operations #drilling #Salta #PPC
https://twitter.com/presidentplc?s=21
Plus some nice pictures ??
https://www.**********.co.uk/articles/a-quick-guide-to-green-hydrogen-55c5172/
A Quick Guide to Green Hydrogen
Stocks mentioned include: #AFC #BP. #CWR #GTC #ITM #JMAT #RDSB #PPC
**********.co.uk/articles/a-qui… #investing #shares #********** @BP_plc @CeresPower @ITMPowerPlc @Johnson_Matthe @Shell @PresidentPlc via @**********
https://www.marketwatch.com/investing/stock/ppcgf?mod=mw_quote_tab
We don’t know if they are new buyers, it’s just my opinion based on the fact that the longs have had plenty of time to average down at the lows and the fact that recent PR and news has got PPC and Atome out to a new audience.
The 90 + million shares dumped at around 1.3 has to be the reason for the overhang as good profits can be banked by the holders at this level?
Atome are doing a small raise on IPO to take it to FID. when they get there it will be dilution time to fund the projects costs after any available grants.
PPC Is undervalued based on its history and given a cut off date for free Atome shares should the spin off go ahead should lead to considerable buying strength IMO
The majors don’t have a monopoly on the worlds trade, the small and nimble can move quickly and secure a deal, if it’s good enough the majors will no doubt swallow it up later?
I can’t educate you to if it’s decent, you have to do your own research and make a decision.
Lots of new buyers today and yesterday, typical that the overhang keeps on going. Need that big volume day...
?? Estamos hablando con el empresario James Spalding sobre la fábrica británica que producirá hidrógeno.
?? VIVO #AM1080: monumental.com.py ??
Seguinos en Telegram: t.me/monumentalAM10… ??
https://twitter.com/atomehydrogen?s=21
All I can find news wise is positive at the moment. If I find anything negative I will be sure to post that also.
Thanks for posting the full text, I should have done that with the link yesterday.
Making good progress in Salta for the upcoming drilling campaign as location construction continued last week and the first loads of the drilling rigs arrived
https://twitter.com/presidentplc?s=21
Plus some pictures
https://find-and-update.company-information.service.gov.uk/company/13691713/filing-history
Atome Energy PLC. Incorporated 20/10/2021
Think that’s the most positive this BB has been recently which speaks volumes.
https://www.youtube.com/watch?v=jLq_1aFDanY
Watch as Chairman of President Energy, Peter Levine, sits down to discuss all the latest developments related to ATOME and the intention spin-off the Company on the UK market @atomehydrogen @Blytheweigh
A couple more positives:
Looking at the trades buyers chipped away at the overhang from yesterday’s big dump.
A day closer to news on projects.