Research on ATOME PLC (ATOM:LON) from Longspur Clean Energy
ATOME’s update on the Villeta green fertiliser project show that negotiations in Paraguay continue to be pursued towards the hope of a satisfactory agreement that will allow the project to proceed. However, the company has also clarified that if no satisfactory agreement is reached by 17 December it will be able to submit an arbitration claim. Gross potential damages could reach nine figures in US dollar terms supported by the scale of agreements potentially impacted by the dispute.
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