Member Info for billy3

No idea if private or not.

But most 1p or so above quoted sell price but below mid price

It’s still baffling why some are selling this morning.

We are so close to FID. Did they buy Friday expecting to sell today at a profit ?

Either that or they are totally uninformed or forced sellers to be able to buy Xmas presents Lol.

Looks like broker Stifel is now out of Atom as they aren’t quoting now. As expected after last weeks price quotes.

Here is a translation of what the president of Paraguay said on X......

Paraguay generates trust and becomes land for large investments.

In my meeting with the CEOs of Yara and Atome Energy, we agreed on the giant potential that our nation has. With projects like those that Atome is already promoting, and the strength of global firms like Yara, we demonstrate our conditions and stability as a basis for solid industrial growth, which brings with it more employment and opportunities for more Paraguayan families.

Very much looking forward to the coming week :-)

Ragtagcx....you a holder ? If you are you should sell up now as you seem rather pessimistic and challenging someone to put more money in based on their positive view.

I'm convinced now that FID has been agreed or is a done deal.

The meeting between PL and the prime minister of Paraguay seems to signal that.

The Market price today seems to think so too.

This is more like it. Up 15% today.

Glad I bought more yesterday at 44p.

Re below. Also from chat gpt

Yes — Stifel is significantly scaling back its UK equities market operations, which does relate to its activities in the AIM and broader UK equities space*, but it’s not a full “exit” of AIM as a whole in the sense of abandoning all AIM-related services.

🧾 What’s happening with Stifel and UK equities

1. Stifel is shutting its UK equities trading unit.

According to multiple recent reports, Stifel Financial Corp. has told staff it plans to close its UK-based equities trading business, affecting around ~20 roles, as part of a strategic shift to focus on advisory services rather than running a full execution/trading desk in the UK market.

Yahoo Finance

+1

2. This is part of a broader re-orientation in Europe.

The firm is moving toward a more advisory-led, capital-light business model in Europe — meaning more focus on corporate advisory, capital markets, and strategic coverage rather than routine trading and execution operations.

Yahoo Finance

3. It still provides some services tied to AIM and UK equities.

Even with the trading desk being closed, Stifel continues to offer corporate broking, equity research, corporate finance/advisory, and select execution for clients via other arms of its business. Closing the trading unit doesn’t mean it stops being a broker for AIM clients entirely — it mainly reduces the execution/trading side of its UK equities business.

The TRADE

4. Stifel remains involved in UK/AIM deals in other capacities.

For example, Stifel acts as a broker on AIM stocks (such as handling share buybacks for AIM-listed companies), indicating it still participates in the market beyond just pure trading.

TradingView

📌 So is it “getting out” of AIM?

Not entirely.

Yes — Stifel is exiting its UK equities trading desk, which means less focus on execution and market-making in the AIM and wider UK market.

No — It is *not completely withdrawing from AIM equity services — it still engages in research, corporate broking, and advisory roles for AIM-listed companies.

In short, Stifel is reducing its operational footprint in UK stock trading, but is not fully abandoning the AIM equities market as a broker; instead it is reshaping how it participates.

Some possible good news……STNO, store; are now showing a spread of 1 / 100 for ATOM.

This was the same sort of spread I saw with FORF elf re Stifel stopped quoting.

So looks like they may have offloaded all their shares.

So it looks like stifel uses code STNO

They currently have the largest spread of any of the brokers for Atome at 40/55.

Interestingly, I noted on a BB recently that FORF (used to be MHC) had a ridiculous spread from same broker of 1/20 when mid was about 9.5.

I said they either don’t want to do business or may as well not bother quoting.

Today they aren’t quoting for them at all.

So there may be something in what you’ve heard.

I have level 2.

I’ll try to remember to check on Monday after markets open.

All I know is that 5 months time if they haven't made an acquisition they get delisted.

I think the limit is 6 months

Current spread is 8.5 / 10

There are 5 MMs in the market.

Oddly, one MM since the first sell this morning has been 1p to sell and 20p to buy.

Not sure why they are even quoting a price at all.

MM is shown as STNO

Olivier has said previously that the financing is very complex and is taking time.

So with previous delays, this is not really a surprise, though frustrating as it is.

It appears for a change that a company is trying to calm any doubt or speculation as the price has fallen a little over the last couple of weeks.

Other than taking longer than anticipated, the message is reassuring and positive removing doubt that FID wouldn’t be reached.

It’s the culmination of years of work and like he says, will act as a blueprint for further projects.

They already have conditional agreement for over 600 million and the final piece is one bank and equity.

A great time to be in at the start.

It looks like 3 blocks of 25k have pushed this up.

One is shown late and was traded before the price jumped so the price traded says its a buy but is on L2 showing as a sell.

And just like that we are up 12.5%.

News coming ?

I topped up this morning.

40% equity is mentioned in a BC insight post.

According to chat GPT, HY 24 is also equity. So figures end up with 137 mil outstanding....

.........

If $630 million is the total project cost, and 60% is debt, then:

→ 60% of $630 m = $378 m debt

→ That leaves 40%, or $252 m, for equity.

Hy24’s Heads of Terms are for $115 m, which is part of that equity. The rest (~ $137 m) would likely come from other equity investors / sponsors in the project.

FMO is the last bank in the chain.

Oliviers linked in post celebrating IDB also stated.....

"IDB Invest has been instrumental in structuring this bankable facility, demonstrating robust due diligence, commercial viability and coordinating the multilateral financing syndicate"

So IDB are coordinating for the banks. As IDB have agreed then I see no reason to doubt FMO will also get the go ahead.

FMO site says its at the contractual stage.

Looks like we are indeed in the final stage now.

Its just depressing watching the price slide and makes no sense to see some people selling after holding for so long.

Cash is fine. They had an advance. I think it was HY24 wasn't it ?

Price is falling. Don't understand why people are selling now at this price.

Who the hell is still selling this week ? I don't get it !

I've just done some maths. Please correct me if I've missed anything.

Total funding required is 630 million.

Already secured ( in millions)

200 IDB

100 IFC

135 EIB

50 GCF

115 HY24

Total so far is 600 out of the 630 million.

Remaining is FMO which is up to 200 million.

So as far as I can see equity club isn't even a requirement as all the loans offered cover funding if they go to full amount.....it's 800 million so 170 over subscribed.