Member Info for LordWM

Hi to the new guys, good to see more people posting.

I love the Atome story and business model. I’m big into this with about 7% of my portfolio. I’ve tried to

Model income and market cap but lots of guesswork until the FID is published and we know what % of Villetta will go to Atome, as they’re using project equity alongside debt finance. Even with conservative factors the SP should be many multiples when producing and with further projects under development.

So a long term hold for me, but I’d expect a big adjustment after FID.

Good luck to everyone.

Bostonboy, clearly not many eyes on this stock, but personally I love the potential here and have taken a significant position.

Maybe it’s under the radar because it’s a first of a kind, and it’s impossible to model EBITBA until the FID is published, but I suspect this will throw off cash when in production and the SP will be a multiple of where it is now.

Good luck.

This next announcement with EWT results is the big one. It will be a statement of fact based on data from tests, independently verified. There’s no way they’d put themselves in a position where they guessed, guided incorrectly or misled the market, which would have serious consequences.

Patience. They’re doing the analysis and will tell us as soon as they’re certain of the results.

All seems on track.

I hope you're right, if that's debt finance it means more of the pie for us.

Lots of chat today, we need confirmed results which could come any time.

It would be interesting to see updated broker forecasts based on recently published announcements.

I'm holding, as always good luck to everyone.

Hotair - I'm no expert, but my opinion is you get different categories of investors:

Day traders who dip in/out, looking for small margins. Many people on this board try to influence /sentiment/the price to help them achieve this.

Value investors (I think most PIs are like this) - think the mkt cap will be higher at a point in the future because of company strategy, undervalued today, etc.

Institutions - more rules to follow re porfolio balancing & risk mgt, so may sell to derisk/take profits even when a stock has huge potential. We've seen this with institutions that invested at IPO and took profits over past couple of months.

To answer the question, we're all gambling that a commercial discover will be made and they'll eventually be throwing off cash & paying dividends. The moment we have certainty that there's a commercial discovery, people will model cashflow and price the share accordingly.

Although todays announcement derisks this a little, and we should see a SP adjustment, my view is that it will take results of testing and confirmation of a commercial discovery to turbo the SP.

The main risk then will be operational execution - can they put infrastructure in place to extract and sell the gas, make money and pay dividends.

If they announce a commercial discover that points to a much higher company valuation, EVERYONE (traders, value investors and institutions) will pile in until the SP matches the forecasted valuation.

That could happen any day with Clink#1, or not. That's the risk.

Although nothing is certain until testing is complete, this is another step to de-risk.

I've added again this morning, fully loaded now, average of 18.65p.

Good luck to everyone, I hope this is life changing for all long term holders.

Wow, awesome news, this could be HUGE.

£2 to £10 comes to mind again…

And in Sam Mackilligin's LI post comments:

Nathan Goode

Chief Strategy Officer (CSO) at The Social Value Portal "Another possible is possible" (Arturo Escobar)

Very best of luck, Sam. Sounds like a really interesting project

Sam Mackilligin (replied)

Thanks Nathan, it is and we think it is the first of many. Watch this space.

Good find Kld1, and here's a LI post from Sam Mackilligin 3 days ago:

"After 15 years I am (mostly) leaving this view behind.

On Tuesday I moved on from AECOM, handed in the IT and pass, and said good bye to all that comes with a big company, the good and the bad.

On Wednesday I started my new role as Head of Engineering at ATOME as they move to the construction phase of their pioneering hashtag#greenfertiliser plant in Paraguay. hashtag#ProjectVilletta

On Thursday I was welcomed back to see that view again as a Client as we continue the finalisation of the EPC construction contract.

Thank you AECOM for the years and all the opportunities.

Thank you ATOME for the opportunity to drive the delivery of this hashtag#FirstofaKind project. "

I don't think there's any doubt that this is happening, and when it does we'll all get paid.

GLA

https://www.linkedin.com/posts/sam-mackilligin-1194518_greenfertiliser-projectvilletta-firstofakind-activity-7260950368438620160-9T2v?utm_source=share&utm_medium=member_desktop

I'm full loaded, but just added more, can't hold back at this price. The CEO spend £750k ish at 65p per share last month.

The main catalysts to move the SP are the FID for Villeta, more news on other pipeline projects (look at their updated presentation re timescales for this = any time) and then I suspect we'll have a slow rise up to first production, as implementation risk decreases.

Who knows why the SP moves like this on no news, but it's just a better buying opportunity IMO.

GLA, roll on the FID

“Now we just move on to testing.

So we have set and submitted casing all the way to service.

So the next step is to perforate the zones of interest and begin flow testing.

We have to do these things on time with an approved manner to make sure they're done professionally, safely.

And, you know, flow testing is oftentimes a long term endeavor because you have to take pressure readings at different rates.

And so those rates need to normalize before you know what you have.

And then, of course, that's when you go to the market report that, you know, you've been able to get gas to surface and take it to the next step after that as well.”

Bo Sears, 24th October

https://www.youtube.com/watch?v=w5T3gMkR8lU

Maybe they got early results, then went straight to Vegas to celebrate.

Fingers crossed.

I can’t think he’d write this LI post if he were about to make an announcement that the methods he’s advocated have failed for the two drills, that would be very embarrassing.

This makes me more confident that we’re about to get good news, possibly as soon as tomorrow.

This is very exciting. Good luck to everyone, fingers crossed.

Fair enough Brent, my mistake. However there are better ways to talk to people.

@Ezhik

With a response like that I suspect you’re a troll, but giving you the benefit of doubt here’s the answer to your rude question:

‘The Company will test multiple formations from the bottom of the hole upwards. If initial results of a perforation are positive the Company will report gas composition to the market and perform an extended well test on the interval before moving on to the next horizon. ’

https://polaris.brighterir.com/public/helix_exploration/news/rns_widget/story/xoknv1w

They set the precedent of reporting gas shows during the drill on the way down at Clink 1, so probably likely that we’ll have news imminently for Rudyard.

It’s a big moment for Clink 1, and basement wireline results could come at any time.

Will this be tomorrow? Good luck to all investors, could be a life changing payout if we get the results we’re hoping for.

30p would be a mkt cap of £37m.

If they make a commercial find it will be a loooooooooong way abone that...

GLA