Member Info for Ecclescake

I would agree, everyone is entitled to an opinion, but you appeared to be making an unfounded accusation. Let's stick to opinions.

10 April Oak bloke was promoting Atome and as far as I see he still thinks it will come good and you have been a big cheer leader until recently even buying 50k@60.80 end of April after the fund raise.

I would suspect he is very good at what he does and brings skills, experience including local knowledge having worked for PPC. There was more to PPC than just drilling for oil. They had pipe lines distribution, storage centres for gas and oil including sepeation tanks, power generation. Sounds an ideal guy to me.

Figures :))

I Wouldn't be surprised to see a larger uptake in China. Chinese men could be very different to EU men and open to using PE delay sprays, driven by shifting cultural norms, a booming e-commerce market, and a growing emphasis on mutual satisfaction. We will have to wait and see fingers 🤞

The news is hitting the stock tip sheets in HK

https://www.tipranks.com/news/company-announcements/deep-longevity-wins-global-recognition-in-nestle-smart-aging-challenge

RNS PDF

https://www.endurancerp.com/ICMServlet/download/14-3128-5109/Press%20Release%20-%20Deep%20Longevity%20Named%20Runner-Up%20in%20Nestle%20VITAL%20Smart%20Aging%20vF.pdf

The paraguay government do not have the 'ultimate power'. If they did we would be in this situation, they buckled because of pressure from the unions predominantly. They continue to persuade, but ultimately ANDE backed by the unions won't let the tax payers pick up the bill and the numbers they are putting forward, real or imagined, it looks like the $30 Mwh is dead. Atome are saying every $1Mwh additional will cost $1m extra. We don't have the numbers to know one way or the other, but with ANDE to agree any deal below the $50 Mwh they are asking will require benifit in kind at least from the overall deal for Paraguay. That way everyone saves face and moves on.

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I believe Atome and PL knew this tariff problem was around for some months from news paper articles. They should have also know the the energy decrees dont superseded law. They should have been ahead of this in telling the market and shareholders. Maybe that's why the fund raise was such a rushed affair. Can it be resolved is the question now facing the project, there are a lot of conflicting issues Spalding is saying every additional $1 on energy cost adds $1million to Atome's cost.

this article dated 27th April

https://www.abc.com.py/economia/2026/04/27/ingenieros-de-ande-rechazan-nuevos-decretos-de-pena-y-advierten-sobre-tarifazo-a-usuarios/

Follow some of the links to other related articles.

All the arguments have merit, ANDE need to make profit, Atome have structured a deal without a cast iron energy contract, politicians want the genius to the country.

https://www.abc.com.py/economia/2026/06/08/atractiva-promesa-de-inversion-de-atome-choca-con-denuncias-de-favoritismo-tarifario-en-ande/

Too subtle for me Norbert, but i suspect you're happy with the progress 😉

They must be considering using Atome Power as an alternative. The solar battery project's was part of the decree, but that's not in play could Atome Power step in and supply.

I get the recent hike in fertiliser due to the Iran conflict my have played a part in the decree cancellation.

https://www.lse.co.uk/rns/ATOM/creation-of-atome-power-2xbwzithd058shy.html

From the RNS

In April, a positive and constructive site visit to Paraguay took place with a total of some 35 people in the delegation comprising representatives from five of the multi-lateral funding institutions as well as equity providers. Meetings took place with representatives of Government, ANDE (the national power supplier), the communities, as well as key project partners including Casale. The visits generated very positive results amongst all those who attended and was a key item in the necessary due diligence process for the project finance

As a result of ATOME's clear industry leadership in green fertliser, the Company has seen a step up in the number of projects being presented to ATOME to consider. This is reflective of ATOME's reputation and is of note when ATOME considers its growing pipeline of potential projects, supplemented by the exciting new power division and its prospects.

Kennerdy, Capital protection is a good move. The latest news is pessimistic about the outcome. We don't know all the ins and outs, but isn't it inconceivable PL didn't have this key part of energy supply signed and sealed instead of assurances of agreement at the end of June. He must have heard it was in jeopardy, Spalding and the rest of the board must have had wind of this unless they expected it on a wing and prayer or they didn't want it to overshadow the fund raise.

https://www.hydrogeninsight.com/production/atome-s-145mw-post-fid-green-hydrogen-project-in-paraguay-now-at-risk-of-cancellation-after-unexpected-move-by-country-s-president/2-1-2005055

FYI. Listed at #192

https://www.nmpa.gov.cn/zwfw/sdxx/sdxxyp/yppjfb/20260615164707149.html

Hitting the news wires

REGENT PACIFIC (00575.HK) announced that the new drug application (NDA) for its innovative therapy Senstend has been approved by the National Medical Products Administration, with a four-year data protection period. The approval took effect on June 10, 2026 and the company was notified after market close on June 15.

The NDA approval triggered a milestone payment of USD5 million (or approximately HKD39 million) from Fosun Wanbang (Jiangsu) Pharmaceutical Group, a subsidiary of FOSUN PHARMA (02196.HK). The Group expected to receive two milestone payments from Fosun Wanbang (Jiangsu) Pharmaceutical Group this year totaling USD7 million (or approximately HKD54.6 million).

REGENT PACIFIC last quoted at HKD0.99, up 73.68%, with trading volume of 240,300 shares and turnover of approximately HKD219,700.

https://www.tipranks.com/news/company-announcements/endurance-rp-wins-landmark-china-approval-for-senstend-triggering-milestones-and-global-push

The president of the ANDE Felix Sosa defended the financial health of the state-owned company against investment contracts. He is seeking new terms in the negotiation with the Atom company. Appears bizarre to me this deal was agreed then undone. It looks from this interview ANDE want to scrap the fixed term of $30 and moved to a annual review based agreement to which Atome have said no. It also looks like this has been festering away since the decree was signed. Not sure why we weren't told maybe Atome the decree was absolute.

https://youtu.be/DbbmZ8o-558?is=af38h7zPNuA6gRdG

https://youtu.be/EgSdNAe_Ulg?is=lvcJst84z3jFiVZr

Several interviews out over the last few days on Facebook and YouTube. Use translation or captions.

https://youtu.be/v8PUQlYXGzA?is=5IXapjA2fy_uaX2r

Missed the link.

Unions digging in with legal action

https://www.abc.com.py/economia/2026/06/08/gobierno-defiende-contrato-con-atome-que-sindicatos-de-ande-denuncian-como-un-millonario-subsidio/

Several links to read different articles use a translator.

A legal judgement could take time

One of the most critical points raised by the president of Atome directly concerns Sitrande 's legal strategy . According to Spalding, the union's intention to file a constitutional challenge before the Supreme Court against the special tariff system is a contradiction that will ultimately harm the State itself.

Stakes are high

Atome: They warn that if ANDE does not approve the agreed tariff, the US$665 million project will fall apart.

Use a translator to read the article.

https://www.abc.com.py/economia/2026/06/09/atome-advierten-que-si-la-ande-no-aprueba-tarifa-pactada-cae-el-proyecto-de-us-665-millones/

It looks like Atome have been caught up in the tension surrounding cryptocurrency mining and heavy subsidised electricity. This has been brewing for sometime and the unions have power. Atome could be just caught up in something that might not be easily resolved or maybe granted special status. When it comes to predicting the outcome they will try and show a public interest argument thet the crypto boys dont have, jobs, green credentials, farming, balance of payments etc.

AI summary FYI mistakes are possible., but it makes sense it's a powerful argument that tax payers are picking up the cost of the subsidy. Two opposing views on how to run an economy and Peter has come up against Paraguay unions before when using skilled oil rig workers from outside Paraguay. Will they come round, who knows, but I suspect compromises will be on the table can the government argument that its already agreed carry any weight. Looks like a Paraguay stand off.

Paraguay's Executive Branch officially revoked Decrees 5306 and 5307 (along with their April modifications, 5860 and others). President Santiago Peña's administration made the decision following pushback from engineering unions and industry sectors over preferential energy rates for large consumers, high-density computing, and green hydrogen.

Key Details & TimelineThe Decision: The government officially deactivated the decrees to safeguard the financial and technical sustainability of the state utility, ANDE (Administración Nacional de Electricidad).

The Catalyst: The decrees, originally signed in January 2026, established special long-term, low-cost electricity rates (such as sub-$$27/MWh deals) to attract heavy industries like cryptocurrency, data centers, and "convergent" green tech.

The Pushback: Engineers and labor unions (such as SITRANDE and the Unión de Ingenieros de la ANDE) strongly protested, arguing the decrees bypassed technical tariff autonomy and risked passing a multibillion-dollar deficit onto everyday taxpayers.

Current Status: In a press conference at Mburuvicha Róga, Cabinet Chief Javier Giménez and Minister Marco Riquelme confirmed the cancellation. However, they clarified that a major pre-existing contract with the British firm Atome Energy remains under review and protected, keeping tensions with certain utility workers ongoing.

AGM feed back is bullish, fasten your seat belts. Larger plants more frequently. 2000mt pa here we come.