Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
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Thanks Bladderman
Fair enough. I still think they will be horrible reading. They may be opening but there's 1 film to show currently.
£400k roll over at 41.05p. Probably a short close.
Massive day head tomorrow then....
Fantastic news. If anyone on the charts wants to share some info here that would be great. Finishing above 41 significant?
Awesome, so gives us time to prove a successful US reopening.
Interim Results now scheduled for 24th September. See Cineworld Financial Calendar.
https://www.cineworldplc.com/en/investors/financial-calendar
I'm going for 37mil cash burn per month. We are going to be pleasantly surprised on the rent reductions in place. Obviously not including the money they've used for updating some on the cinema sites though.
Mooky Magic
The negativity is already priced in, it's no secret that the Cinemas have been shut and so revenue will be low to none. What could be a nice surprise is how good the management have been at reducing cash burn. If all the news articles are estimating cash burn of 50 mil a month anything less than that will be good news for Cineworld and really add to the sentiment we receive on US reopening.
crizmo if they do arrive on friday it will confirm how much money we have and how stable the bsuiness is going to be
Publish your short here Crizmo and we can assess what it is on the 21st August.
The H1 results are due AFTER Cineworld have the US territory open which make-up 73% of their estate.
I'm surprised everyone is so confident about this share. The interim results are due on Friday and I can't see they being anything but horrible reading.