Research on ATOME PLC (ATOM:LON) from Longspur Clean Energy
ATOME remains in negotiation to try and re-establish a power purchase agreement that can see the Villeta green fertiliser project move into construction. The company has reported final and interim results showing cash on the balance sheet and ongoing support. While there is clear uncertainty, and we have put our forecasts under review, there is also ongoing activity beyond the Villeta project both within Paraguay and further afield including Brazil. These projects can benefit from the learnings developed during the past 18 months which is the tangible progress in the results announced on Friday.
View Full ResearchDisclaimer & Declaration of Interest
The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.
