Member Info for steven49

President's share of the well will be funded out of its own resources where applicable, with, for the avoidance of doubt, no equity issuance contemplated in this regard

President's share of the well will be funded out of its own resources where applicable, with, for the avoidance of doubt, no equity issuance contemplated in this regard

farm in for a 50% participating interest in the Pirity Concession, Paraguay

· In return, the Farminee will pay 60% of the costs of an exploration well and will also pay President US$4m in consideration of the Company agreeing to enter into its performance obligations under the Agreement

· Agreement subject only to regulatory approval and prolongation of the licence for a defined period

· The exploration well will target the Delray complex of prospects, estimated by the Company to contain in aggregate over 260 MMbo of Pmean Unrisked Resources

· Costs of the well are estimated at between US$10-15 million with an estimated chance of success of 30%

· President will continue as the operator of Pirity

Be update on Paraguay too, my feeling this will go into next year,

Not great of updating lot of miss leading information fortitude,

Results Monday morning I suspect

An exclusivity period has been agreed for up to 90 days to allow for due diligence, and up to an additional 90 days for the negotiation and execution of the Joint Venture Documents.

the "Final Investment Decision" or "FID") without any further additional funding, which the directors believe will be a significant value creation catalyst for ATOME

£6 million has been raised through the Placing and PrimaryBid Offer. The balance of up to £3 million will be made available at the placing price only if the Directors determine it is needed by way of the Standby Equity Facility Agreement from the investment fund of Peter Levine, the Chairman and significant shareholder which facility has been granted at no direct or indirect cost to ATOME, quite clearly state no further funding needed

Debt think also holding this back, does like too borrow P L rather than building cash pile and buy from this, his got nice loan given ppc that his earning good rates on,

Big drop copper wise as, world recession looms, part reason I feel this is falling.

Tend think same that P L has something 4 that bond too be put too use, normally herd move in on drill bit but these markets r not same now so not so sure.

Why they never stated cash position, my feeling a discounted placing is needed

Placing coming

Still feel lot Warrants s at 3p r being converted

Gone quite no volume, markets not often wrong and my feeling results not going be over great, lot PR from atome of late, paper profit markets wo t put too much value on this, Paraguay feel not going do much 4 value 4 company, believe as low as 15% chance success lot money wasted on this in past, PL good at that wasting and borrowing on placings loans at share holders expense, mayb he will surprise us soon, feel oil peaked now could fall back now on world recession fears, GLA sorry carnt be more optimistic but its been a horrid share too hold,

I understand end H1, I could be wrong

Agree thanks bumble il say no more, I hold here by way at slight loss,

Generally copper prices behave positive in a booming world economy and decline in a dull economy, do u own research lots out there, I'm not saying I'm correct just opinion. Of course demand greater now electric cars ect,

Big reward at these prices if deal gets done b4 deadline,