Sound Energy #SOU provides an update on a potential farm-in and operational progress in Morocco Watch Now
I think they may force the spike (to $30.50 specifically IMO) too but I also think it extraordinarily unlikely that it will beat that anytime soon, even though I'm a huge Gold/Silver bull for the forseeable.
After much discussion and heartache, we are saddened to announce that Birmingham Hippodrome will not be staging live theatre productions in our main auditorium until 1 Feb 2021 at the earliest.
We have spoken at length with both Qdos Entertainment and Birmingham Royal Ballet, exploring various scenarios for this year’s pantomime, Goldilocks and the Three Bears, and the annual performances of The Nutcracker. However, it is still not financially viable to host full scale productions on our main auditorium stage while social distancing remains in place. "
Buying bank shares raised my eyebrows! :)
Ah POG, what a drop that was back in the day eh?
Keep an eye on the Ecuadorian Copper/Gold play too IMO, if she manages to set a new floor at 30p then ...
30/30/30 shorter trade/longer trade/hold for me in this sector BTW.
FWIW - my outside "in a straight line" shout on Silver would be c$30, IMO it's exceptionally unlikely to blow through there in one go and I'd imagine a sh*tton of selling if it ever gets there - beating $27 alone is a tough shout IMO.
I'm eyeing $1,700s for a pull back in Gold, if seen, too.
Overall, this is trailing stop territory for me.
As soon as something goes "retail" it's usually time to get out of course :)
That's my c$27 target hit on silver - gold at $2,035 as I type - not sure what happens next but I sure do like a pullback to $1,775 for gold.
FYI - Birmingham Hippodrome just emailed me to say they're ticketing a pretty desperate sounding attempt to raise some cash via a show with a few of the guys and gals from the West End's Phantom of the Opera with car drive-in and "picnic pitches" (at the end of September?!).
All very desperate IMO and they must surely know they're going to take a bath on it - if it even goes ahead.
Sad, sad days for live theatre :/
If someone has not taken c2m shares at close to 1p when the SP is currently in the 4s then, clearly, there will be other reasons for that rather than them having any negative perception of the company's prospects :)
There's no way to read what's going on which is exactly how they like it.
The "9p" thing could be waving to hapless PIs or it could be a genuine thing as others have pointed out where someone knows something so cannot buy on the open market.
I really have no idea which it is but usually on AIM, if in doubt assume the worst but again, there's no way to know until you're told - this drop is on nothing volume so I'm inclined to think it's a share-grab/stop hunt but who knows.
Either way, there's obviously something afoot and I'm reaching for the popcorn ...
The global live music industry is/was worth $25b and is/was projected to be worth $30b by 2023 - £1b of that in the UK alone.
2020? About tuppence ha'penny because of Covid and it's far from over yet - in fact, right now it looks like those numbers may "never" be seen again if it relies on crushing thousands of people into a confined space and at the moment, it does rely on just that.
Oh and the same deal for theatre too - UK alone 2018 theatre revenue was £1.28b and it's all gone up in smoke:
Anyone managing to reduce that ruinous revenue deficit and, possibly, even expand the size of those markets via genuinely new experiences (with vastly lower costs to boot) stands to be in on a rather large cash cow for the forseeable, even if they only manage to take 1% of the pie.
Where there's a will (and the tech to make it happen), there's a way ...
An interesting debate and not one that I'll add any tin foil hat stuff to other than to say this - anything to do with money will be agreed between the company and the money guys with the money guys usually calling the shots - amounts and timing - and that goes for "news" too.
£9m was poured into this a few months ago at 3.75p with a US west coast hedge fund taking a big chunk of that - given that their fellow west coast neighbours Apple also recently poured £100m into this very same space and FB's known VR/music plans, again, in the very same space you can see why this may suddenly be on lots of people's radars throughout H2.
I have no earthly idea what will or won't happen here but when I had the idea in 2019 H2 of gold booming off the back of a number of forward-looking catalysts I had to stick around for a bit to see if I was right - gold is now at $2k, from my major shout on it at c$1.3k last year.
Who knows if I'll be right on this one but in terms of catalysts, you can see how there could be real synergy here if the ducks line up. The idea for MVR came about when I started thinking about Covid and the opportunities it may produce, outside of the obvious miracle Covid vaccine plays etc - I've got some experience in the live entertainment industry (on the financial side) and knew how badly the (gigantic) interests in this space must be hurting with no end in sight and how MVR could provide a silver bullet for at least some of the massive loss in revenue experienced by other companies.
Time will tell whether this one really comes together but I've added further recently, courtesy of some of those gold play profits - fingers crossed for the right kind of news to make my 50p target shout viable.
The only thing I do know for sure is how good the tech looks - the video and sound quality of their live VR feeds are superb and I'm a bit of an audio/videophile myself. I'm also a backend cloud software architect and I know first-hand how long it takes to build infrastructure (and front-end apps) so while the last couple of years may seem like a waste and disappointing to long-term holders, the reality may be that it's actually been time well spent if MVR are one of the few companies out there with the right (working!!) tech in the right space at the right time.
I think I've nailed it but time will tell - I think there'll be 3-4 "swans" manufactured over the next couple of years - C19 being #1 followed by Brexit but we'll have to wait and see what they conjure up next but I'm factoring in an outright depression rather than a recession over the next 2-3 years - if the money guys want it then the money guys will get it. The carpet bags are lining up as I type IMO and while I can't be 100% sure of the target, I expect Germany to be in the crosshairs and that may become increasingly obvious as soon as 2021 Q1.
Re inflation/gold etc - oh yes, sky high for both during this period for sure IMO.
Currency - tough shout but arguably GBP could rule the roost again in some way - it depends how they plan to play it via the usual epic manipulation as seen in gold and silver - there's a once per every couple of centuries shift coming re the Dollar's status so it's going to be real rough for those on the wrong end of that.
Basel3 kicking in on the very day that Brexit was originally supposed to happen was all you ever needed to know about the future of fiat and gold.
I know it may not feel like it to some (yet) but the parallels here with 1920s UK/Europe/US are important re end of life for prevailing reserve currencies.
Prologue is epilogue.