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This must be the big positive news for the longer term going forward.

The Sept 10th RNS forecast for 2021 used $6655 to generate annual net revenue of $19019k and a surplus of $9410k from 2858 tons

If todays rate $7880 was the average rate next year and costs and volumes were unchanged then net revenue would increase by 18% to $22.5m and the surplus to $12.9m at 57% of net revenue which would certainly cuase a share price re rate...

Todays price of $7740 is a 16% premium on the $6655 used in their forecasting RNS
This bodes well for a significant profit uplift next if costs and volumes remain in line with that forecast.

The fall in growth to 17% in Q3 compared to 52% in H1 has clearly spooked the market particularly given November physical retail lockdown. Also no cash generated in Q3 could be concerning.

Seems like an over reaction to me. The expanded ranges, trading through JL and Next and increased new customer sign ups bodes well for future. Also seems to be getting a lot of positive PR

All numbers dividing by 10!
so $290K fo revry $100 and $2m at $800.

Thought it was looking too good!

The Cu price in the Sept 7th RNS forecasts was $6655 per ton. Todays price is $7462, + $805 (12%) higher and heading up as per the article.

The forecast says 2861 tons Cu equivalent tons to be mined in 2021, so every $100 premium on the Cu price of $6655 should lead to $2.9m additional profit next FY v the forecast. At $800 this is $20m+ increased profit to the original 2021 fcst if this rate holds.

Would welcome any comments on the numbers not aware that any of their costs would vary with Cu price

Could be a blue finish. Cheer up all!

Good move on SP today. Should be more to come. Sales will have benefitted from the lockdown though probably too recent fro them to comment.

Looks like loss should improve given comments below in trading update plus rapid sales growth with JL and Next now driving sales. Results next week should give indicators on current trading and move SP to 20p+

Revenue of £4.3 million, a 52% increase against the same period in the prior year, with a substantial improvement in EBITDA loss

Year to date returns of 42% vs 49% in same period last year

Maintained a strong gross margin of 52.3% (H1 2019: 53.6%) with the small reduction year on year being driven by actions in the early weeks of lockdown to address the impact of Covid-19

Looks like they are moving at pace

https://twitter.com/BotswanaDiamond/status/1328962939244720137?s=20

the share price quietly moves up 4.5%!

900 million placing shares hit market on Monday so I guess will be held back until they unless they have been presold

900 million placing shares hit the market on Monday. I guess they will need to be moved before there is much upward movement

Interesting to see that AP has retweeted link to this article

Looks like he is very confident in ESC with 80m share buy £60K plus

Just looked at their website and Norwich is almost fully booked till Sunday. Plenty of bookings at Basingstoke as wll

Given they have exceeded their initial forecast production expectations I wonder if this might mean the rest of the forecast is also too low and is also set to be exceeded?

No RNS. Looking back they have always been issued by this time of the month

Looks like we have been overwhelmed by second lockdown

Plus 18 deliveroo orders pending!

Restaurant full at 6pm on Saturday 30 people queuing to eat. Good signs