Member Info for ragtagcx

My critical pov is that this is just updating an out of date ppt. They missed a bit though.. page 12.

I'm surprised they haven't added more along the lines of stability and diversification of supply. This week would be a good time to announce.. unless it subdues share price or there are other factors. Perhaps the geopolitical situation is not on the boards radar..

Perhaps, along with the dot.com and lending bubbles, 2000s weren't without issue. But they felt like normal bad compared to everything that has happened since 2008, which feels like a steady grinding down of everything in society, a reduction in equality and an increase in poverty, as more wealth has been cornered by fewer people. I'm all for people making money, I'm here obvs, but the lack of balance is steadily impacting more and more people as economies enter a death loop of cuts, reduction of quality, AI slop and making the weakest pay the highest price. It benefits only a very, very few people in the long term who can shield themselves from the societal and economic issues. I struggle to see where real change can come from that benefits most people. Thank you for attending my TED talk

The point is that regardless of other issues, the need for sustainable and consistent supply of fertilser is high. If countries and organisations want to shield against these sorts of supply issues projects like this are vital. I can't see things improving globally for a while, it's been downhill since 2008 imho.

A third of global urea production goes through the Straight of Hormuz and the increased insurance cost is on the verge of making freight unviable in the area. Iran controls about 12% of global trade, about the same as what India imports. So you can see the issues starting to accumulate, if the global production of fertilizer is shrinking. CP Industry (largest ammonia producer) sp shot up about 5% this week, the highest since 2022.

He and his crony family wi be buying up stock at reduced rates and then call a sudden and inexplicable end to aggressions. Congress will try to stop him and this illegal war and then the prices will go back up. The world is in the hands of a deranged idiot that values nothing other than money.

Tend to agree. I think these are over reactions/misunderstandings - investment by headline. Like I said, don't expect a sensible response. There is some guilt by association though, especially with Yara saying such things, even though this is true of every single business, you can't have numbers in the red. The proposed changes to CBAM don't help but have been known for a while. Atome is somewhat insulated. I can see that this sort of news/views makes some people think that it will reduce the possible upside.

IBM had 12% wiped off price in one day based on a blog post with no data or proof. Don't expect sensible response

Dunno, wonder if someone read the article in the FT today on green ammonia

Broker cited by AI was appointed by Atome as broker and advisor when they made that statement over 2 years ago. Shocker they price potential higher than any other.

Doubt you'll hear about that until tomorrow. Photos from the conference today. Not many people in attendance https://x.com/AtomePlc/status/2016519647877624070

@Ecclescake I'm talking about this meeting, as you were, not something that was signed months ago. They have not signed anything at that meeting. No announcement came from this meeting. All that the President of Paraguay and someone wanting to invest in Paraguay said is that the country has great potential. What else do you think they would say?

Look back, these update meetings have happened before. This meeting would have been planned many weeks, if not months ago.

I've had these since 2022. I want it to work but dear lord, people need to get a grip and not get emotional over two people hugging. A few weeks ago, people on here were saying, "Gonna hit 170 in a few days time now IDB is done." Followed rapidly by complaining about the price dropping.

@billy3 if the FID was signed there would already be an RNS. Someone saying this is going to hit 250p in days is not credible.

What is interesting is that Atome themselves have not published anything on this meeting as yet.

I'd love nothing more than the FID to be signed and an RNS to finally appear on Tuesday morning.

Sure, why don't you take 200k out of UKW and put it in this then?

He is literally saying nothing. They just agreed the country is a good place for these sorts of projects, which they clearly point to other people building. In what way is he risking his reputation? Not promised a single thing

There are a lot of ways you could read it. Would the Paraguay president need to show he is doing something for the economy? The week before they also had a joint committee meeting on hydrogen development. They had an update like this a year ago. This could just be a tactic to show that the project is still in full swing and has government support because the FID isn't going to land soon or it will happen soon.

Generally in communications you would keep quiet if a big announcement is to be made and if you have no news you try to generate positive coverage everyday. I would look at anything like this fairly cynically.

Comms is hard and I don't see a seasoned professional on their team, sorry Nikita is not seasoned. The last RNS was rushed and it was then clear that they had missed messages. I don't think this is pushing the blame to anyone other than the project being unique and complex - there are organisations from 3 continents working on this.

The number of stakeholders at this stage is rather large, so coordinating that and getting agreement is always a challenge - timezones also play a part. I am often amazed that an organisation will set unachievable targets that would only happen in a perfect world. It is forced by short term thinking and what the market wants, namely a lot of investors after short term gain and not really interested in a sustainable business. This leads to mistakes.

The underlying message here seems to be that they are doing all they can to get this signed off asap. Clearly they have a target but don't be amazed or upset if that is missed.

For those that haven't been in this situation, it is nearly always better to say nothing than something. You cannot undo comms as the government is finding out. This is basically a reassuring message that they are doing all they can right now. The last sentence is something of admitting comms has not been great and they will do better - to be seen.

I think a lot of the change was on the budget news, the uncertainty have been dragging on for days.

The first you might get a reply but unlikely, it was only ever a target. The second you won't until something is agreed.

Bit of fun, playing around with NotebookLM - better than that curator thing

https://notebooklm.google.com/notebook/2391898e-b8c3-41e6-87cb-2fe193921a17?pli=1

What did you want them to clarify?

Only just noticed how bad the buy/sell categorisation is on here

Possibly get $25m from IFC in equity, although the level is unknown. IDB may also contribute equity later, perhaps 25-30m as they have mandate to do so, especially if this helps close the deal.