Member Info for allthatguff

We still have the background seller, see large trades end of day. Probably one of the funds that has been selling for the last few weeks. They sometimes change positions even if company is doing well. Maybe one day we will get a TR1.

Dummy sells indicate a big appetite for shares.

A main market listing is not that far fetched once Villeta starts construction. From Google AI..

"Based on the new UK Listing Rules (UKLR) introduced in July 2024, ATOME PLC would not technically be required to have revenue or be profitable before moving to the Main Market, provided it meets other specific criteria. However, it must demonstrate it is a viable commercial company.

Key points for ATOME PLC regarding a move to the Main Market (Equity Shares - Commercial Companies or ESCC category) include:

No Mandatory Revenue Track Record: The previous requirement for a three-year revenue earning track record has been removed, making the Main Market more accessible to high-growth, pre-revenue companies.

Minimum Market Cap: The company must have a minimum expected aggregate market value of £30 million at the time of admission.

Commercial Viability & Working Capital: While revenue isn't required, ATOME must prove it has sufficient working capital for at least 12 months from the date of the prospectus. It must also convince investors of its long-term viability, particularly as a developer of infrastructure projects.

Sponsor Requirement: A sponsor must be appointed, which is a more rigorous process than the Nomad system on AIM.

Free Float: A minimum of 10% of shares must be in public hands"

## currently Atome has debt but with a higher valuation post Villeta this becomes easier to sort going forward.

1. A possible move to a main market listing which would unlock more institutional investment in Atome itself..

"Mussat concludes: “We started with AIM, with the ultimate goal to make it to the Main Market. AIM is an accelerator and that’s the way it should be seen.”

https://www.lsegissuerservices.com/spark-insights/rgFgUkziwGBi71AC38KBoM/case-study-atome-energy-plc-leveraging-aim-as-an-accelerator-to-growth

2. Further announcements on next projects in rapid succession..they now have a proven model and and a keen institutional investor club especially in the light of the global fertiliser crisis and climate change threat. The lead time will be drastically cut on the next projects.

This company has huge potential once their credibility will have been proven on the completion of this deal in the coming days.

Thanks for that AGBR, it helps me understand risk vs reward. Good luck.

The accounts tell the story. Will this ever make any real profit, it is the state entity that wins? Too big a slice to the state? Distance for trucking product too great? Even with Perdevlei, will this ever make serious profit. What I am mulling over on this.

"We're so cheap even a hedge fund could make an offer and then flip it"

That is a description of the recent history basically, imo?

Or was the end of day tiny upward price creep a glitch that will reset this morning?

My suspicion is the price lock will magically disappear when we have the full deal done. Close, I hope they factored in Easter break 🤞

The immense credibility of the funding partners, offtake and institutions involved in this project give reassurance that this company will be well governed going forward. The exposure this has had in the green space must auger well for the sp and upcoming projects. Hugely under valued and exciting. Just need the seller to booger off.

Thanks 2phevs.

Who is the seller that has been pegging this at this level? Could it be the remaining holding of CPH2 (3%??)?

Or is it do with the deal that some entity is pegging it? Just curious..

Will 0.7p hold?

.. And I might have another look. Not attractive yet.

Everybody is doing a lot of hand clapping, but the SP sits under £30m. We need to see general admiration turn into TR1's. Baker Hughes et all and green investment ESG funds.

The tungsten news is far more exciting to me than Telfer (even though that is fabulous).

Ask AI how much even a piddly 1million tonnes of tungsten is worth. Absolutely mind blowing!!!! Staggering.

Hopefully the start of a trend reversal.

The massive upside is gone now. Why cling on?? Why?

Better upsides in shares like Empire Metals (EEE) in safer jurisdictions.

What I learned in the 2008/2009 crash trading . When a bargain is not a bargain. When it is a lot cheaper tomorrow or in the week ahead.

If this deal was totally free of related party interest, I could possibly be persuaded that this was the best of a very bad deal. The mired related party interest however rightly makes most people suspicious. So much so, it stinks, imo.

🙈🙉🙊