Member Info for LordWM

Love it, just added more. Happy days.

Put another way, they'll be paying a 16p dividend every year for 10 years. That's before any potential Reserves upgrade at Rudyard and before any potential commercial discovery at Ingomar.

IHNC - thanks, my error.

Bo said today that they have $200m in reserves (actual helium), NOT resources.

These figures could be increased as the enclosure is larger than expected.

Again, this is before Ingomar, which COULD be much much larger.

Swissy - with £20m -£25m EBITDA on a multiple of 12.7 thats £250m-£300m market cap, or £2 to £2.50 per share, assuming no dilution, which is unlikely to happen.

They'll start producing revenue mid-this year which will fund further wells at Rudyard, so we should be at these figures mid-2026. So throwing of cash and paying huge dividends in 2026.

Of course this is ignoring the huge potential Helium and Hudrogen discovery that could come at Ingomar within the next few weeks, which could double/triple or more these numbers.

Rudyard is a proven commercial discovery, with updated resource figures to follow any day.

This is hugely undervalued and I can't remmeber a share with such potential upside and limited downside risk.

I bought more this morning.

It looks like a rearrangement of his affairs, difficult to know what it means. But I’m still a strong believer in Atome and would love FID and a new PPA for the second project to come very soon.

I added this morning in big chunks (for me), the SP is below my average but my average is coming down.

Helix will be at first revenue mid this year and will then ramp up as they add more wells to their proven discovery.

So what will drive SP to a more reasonable level:

- they’re about to publish updated reserves based on the latest testing, which should significantly increase estimated Helium at Rudyard.

- they’ll soon announce stimulation and testing at Ingomar, which could confirm a larger Helium and probably Hydrogen commercial discovery.

- if the above two are ignored, what the market won’t ignore is revenue, followed rapidly by profit and dividends.

I suspect this will fly any time, but definitely this year as they start selling Helium.

I’m all in now, again my advise is to ignore the noise on here , just read the RNS’s, presentations and interviews.

GLA

I see very little downside risk with the confirmed commercial discovery and rapid path to first revenue this year, plus huge potential upside with testing of the confirmed helium and hydrogen shows at Ingomar due to start imminently.

I've added two chunks this morning at under 17p, thanks to everyone who may have helped to talk this down!

I humbly suggest that investors read the announcements, watch the videos and make your own decisions, ignoring the noise.

GLA

Wow, this company continue to surprise us. Party time.

I don't think there's any doubt that they'll get there, but yet another delay is a bit meh.

All the action is likely to commence in Q1 with further test results followed by project finance announcements.

Like DM on the Teams call, I've no idea why the SP is so low, so I've been topping up.

Happy Christmas to everyone, looking forward to HEX riches in Q1.

Kennedy - yes, click the link in previous post.

So the IDB board investment meeting was scheduled for today, are we thinking an approval with an RNS announcement tomorrow morning?

Fingers crossed that we quickly get to FID and move to the construction phase.

https://www.idbinvest.org/en/projects/atome-first-green-hydrogen-fertilizer-export-project-paraguay

I guess it should be a final decision on the debt funding with IBD, assume they have project equity funding in place subject to the IDBs approval today, so we could have FID approval any time, with a lot more detail on commercials and pathway to first revenue.

It will definitely help the SP when we have certainty over the structure of funding, project level earnings dilution and loan payback terms. I suspect a boost to early six-fig is realistic in the short term, and then multiples of where we are now when we get closer to first revenue.

I'll also feel more comfortable when the larger Power Purchase Agreement is confirmed for Yguazu, so that we start to see a firm pipeline to copy paste learnings from Villeta. I wonder if there's more competition for green energy from AI datacentres or cypto farming, makign the second PPA more challenging. This could be why more space is being purchased at Villeta, so that there's more potential to increase capacity at the first site if more energy is available. Just a theory.

That was a great meeting, he seemed super confident and bewildered at the SP after the announcement.

DM joked about paying a 5 or 10p dividend to stimulate the price, and they've said this could produce for years although updated reserve calculations will likely come in the New Year, possibly before Christmas but I got the feeling it would be after the break.

5p divident at 10% yield gives a 50p SP, obviously 5% yield would be £1 per share.

Stimulation at Ingomar Dome in the New Year, I'm guessing they'll have the contractor liked up.

DM said they'd be paying for downtime over the holidays if they started now, and if something did go wrong all of the consultants and service providers wouldn't be available, so makes sense to start in Jan.

We'll then have an update on Ingomar Dome which could add to reserves with a Helium or/and Hydrogen discovery.

This is due a significant re-rate being less than 12 months away from first production. I'm more confident than ever and will happly hold and buy more on SP weakness.

Good luck all, DYOR.

Tom80

Bo Sears holds 8.09% of the current share capital, he's backed this venture with significant amounts of his own cash, so no incentive to dilute just to pay a salary.

He's said repeatedly that they won't dilute and will use debt funding to move into production (see investor interviews).

Personally I'm not worried about dilution, but as always DYOR.

Cyrox, they have more than enough funding for the first two drills and testing.

They've said they'll use debt finance for production, and production is very low cost due to the location compared to more remote drills.

I'm a little surprised the rise is so modest, but I'm not worried as I'm not a trader and follow the 'time in the market' principal as opposed to 'timing the market'.

My feelings are:

- This is now a proven commercial find, so the chances of losing my money based on my current average of 18.6 has pretty much gone.

- I suspect people traded this first thing, bagging a nice 20% gain from recent lows, they'll now be out of this for now

- Based on recent form, we shoul have a lot of interviews/media soon to give more colour around the RNS, which should give more confidence

- We have a lot more news to come from Darwin and Clink#1, which should be significant too

- Broker forecasts will be updated and released imminently, with potentially more confident and higher SP forecasts

- There's very low liquidity/volume due to the small shares in issue, so institutions won't go near this

- With this in mind, the main catalyst is likely to be the cash it throws off and yield for PIs and small/medium investors, HNW, family offices, etc. As we approach first revenue (late 2025) the yield will be too good to ignore.

- If the SP doesn't re-rate as we make further progress then acquisitions are likely

- They'll probably look for further confirmed results (within a month) before looking at debt finance to fund production, to put them in the very best position for finance terms.

- As this progresses through 2025 operational risk decreases, so the SP should climb towards a pretty clear first revenue date.

So a number of catalysts here in the very short term (possible further test results before Christmas), and early in the new year with further results, debt finance news and a clearer roadmap to first revenue. And don't forget we could have a HUGE helium and hydrogen discovery at Clink#1.

For long term holders, a very solid buy and hold IMO with very little downside risk at today's prices.

As always DYOR.

Congratulations everyone, and now we wait for Clink 1 news to really turbo the SP.

Merry Christmas to all holders who managed to ignore the dampers.

That was a nice big buy at the end today. The CRO said this will be a £1b business in time, onwards and upwards to the full listing.