Member Info for LordWM

So we’re day 12 of a 10 day acid process, which probably means gas it’s being tested and data collected to calculate if commercial….

Gallmat, I'm fairly big into this stock. If they're able to bring Villeta to fruition (and it appears they will), it will be throwing off cash when built - minimum $70m EBITDA annually with 20% going to Atome on a free carry. This will be regular reliable income for decades. The upsides are:

- Increased price of their CAN product (it fluctuates significantly based on world events)

- Green premium, carbon credits or any subsidies achieved will be upside and could be significant

- larger projects in the pipeline where the Atome group will have a larger share

- they predict an 8-12x multiple on EBITDA

WHat are the catalysts:

- significant newsflow in H1 - FID for Viletta and afterwards news on more rapid progression of pipeline projects

- as they get closer to production it should re-rate (2 years away)

Overall it's a solid business model, a lot of the finance risk seems to be disappearing, and will be a couple of years before first revenue. But once there, it should be over £2 a share for Villeta alone, with larger projects in the pipe soon after.

One to buy and tuck away for 2-4 years for many multiples.

I agree you should watch teh presentations and DYOR.

Decent presentation, felt like there was a lot of pent up excitement about the significance of recent progress.

Fingers crossed we get to FID soon.

Strange time to sell with the new FTSE250 listing requiring indexes to take positions later this month, a good roadmap to higher production and being in the foothills of a multi year copper bull run.

Https://www.linkedin.com/posts/omussat_atome-hy24-activity-7302676400514224128-c6iq?utm_source=share&utm_medium=member_desktop&rcm=ACoAAABzGrIBjQ2QYg6J0Liv23J8LdttO1_CLc8

A good sign.

This is due a massive re-rate. Whether it’s tomorrow, next week, or in a few months when the first Helium sale happens, it will happen.

Thanks Kid1. I've just added a little, have an average of 65p so looking to hold until past production and beyond.

We know that this is a first of a kind, is very comlex and very behind schedule.

The most important factor is that this actually happens and we get to production.

This gives me more confidence that we'll get there, which means that this will be throwing off cash for decades.

Once the first project is financed, the subsequent projects will be much easier.

For me this is one to tuck away now to enjoy many multiples in 2-3 years tme.

New entrants into FTSE 250

Arguably the most counterintuitive among the cases, new entrants into the FTSE 250 exhibited, on average, negative returns when traded from 1 day before the rebal date until 10 days post-rebalancing, despite the ostensibly positive news.

We theorize that even though the inclusion into the FTSE 250 index from the small-cap category might be perceived as favorable news, speculators were likely capitalizing on these smaller-cap stocks to realize their profits. Risk-averse investors typically exhibit a cautious response to positive news, leading to a delayed onset of buying activity compared to the sell-off. Consequently, this led to an initial decrease in value, followed by a return to initial levels much later.

When the boat rocks: trading during an index rebalancing — Quant Simplified - https://caden-finsinyur.medium.com/when-the-boat-rocks-trading-during-an-index-rebalancing-quant-simplified-3f00f53aa4f0

It looks as though Atalaya will appear on teh FTSE 250 list on Mon 24th March.

This doc is pretty confusing, any help confirming appreciated.

https://www.lseg.com/content/dam/ftse-russell/en_us/documents/policy-documents/ftse-faq-document-uk-2025.pdf

I'm guessing the indexes will gradually add Atalaya from that point, so we should see a steady incline over the next few weeks.

Yeah I think you're talking sh**t Daventry.

Time will tell.

Come on Atome, let's have the FID!

Sorry, I meant:

Discover of Helium and/or Hydrogen at Ingomar FLATHEAD - Q3 I suspect

I've added a lot since the Rudyard discovery as the investment is now backed by $115m of confirmed and easily recoverable Helium and they're fully funded, with no further dilution. When they generate income going into Q3, I'll happily take the dividends if the market still refuses to re-rate (I suspect it will, in a big way).

Bearing this in mind, the current SP is difficult to understand. I'm assuming that the market only prices UK stocks based on actual income, and that Hex is so small that it's off the radar or inaccesible in any significant volume due to the limited share's in issue. But we can all now see a clear path to income in a small number of months, so the SP is a gift and I've sold other stocks to load up,

The upside that has been summarised by many posters here could/will be life changing:

- Confirmed reserves at Rudyard South - Q2 I'm guessing

- Increased reserves at Rudyard North after further survey work - Q2

- Discovery of commercial Helium at Ingomar Charles (within 2-4 weeks now that work has started)

- Discover of Helium and/or Hydrogen at Ingomar Charles - Q3 I suspect

- Further M&A work - any time

Good luck all and DYOR as always.

I added 32547 this am. Now own over half a % of Hex.

Hoping its the market that's wrong and not me!

A good one to watch again to remind of the potential of Ingomar (in general, not just the Charles but Flathead too).

https://x.com/HelixExp/status/1839567909489639498

“E-commerce firm THG also announced a listing category change, and it is now set for the FTSE 250 index. Atalaya Mining Copper SA is also set for promotion to the mid-cap benchmark.“

So what does this mean? Anyone know how and when this will be bought by the index funds? Surely they have to get up to a certain position fairly quickly?

Hopin gthis i steh start of the uptrend, and that it re-rates massively when FID is announced (fingers crossed this week) and the project economics become clear.

Let's say Atome keep 50% of the $70m EBITDA for year one at Villeta (just a guess, assume 50% goes to the project level equity partner/interest payments). We should expect at least an 8x multiple (more likely 12x with th egreen premium and pipeline of future projects) so $280m / £225m market cap or £4.52 per share!

That's before larger pipeline projects - 300MW @ Yguazu & 120MW @ Costa Rica (145ME @ Villetta) which could 3x the 4.52 per share.

Of course we will likely have a little dilution to keep the skeleton corporate ticking over until Villeta is producing, but debt finance is a possibility once FID is agreed.

Fingers crossed for good news soon, all we need is a good FID.

It would be awesome if the market viewed Hex as a high growth stock, but I suspect we’d have to see cash flow and then very promising M&A activity to give visibility of at least hyper growth potential. Being a uk listed resources stock I suspect it’s likely to need something very competing for the market to view Hex in this way.

But we should remember that this is based purely on Rudyard North I believe (correct me if this includes reserves at Rudyard south). If we can upgrade reserves, which I suspect is more likely than not, this will make a big difference.

But this definitely doesn’t include Ingomar, which has potential to double current Reserves or more, especially if we find Hydrogen.

So we could be looking at between £1 and £2 before any M&A, which could then retate us and turbo the multiple.

All very exciting.