Member Info for Datacheck

@IDW I didnt see the "need" reference anywhere either. but lets say 2022 they have to get to a position where they do "need" to. thats 12 months, alot can happen in that time and in comparrison to other COVID hit companies 12 months of breathing (COVID outlasting) space is good. I supppose thats the risk and reward we are all investing in by getting into COVID stricken companies. However with todays information and the information me and you have just discussed it certainly isnt detailed enough to be able to make categorical statements either way. what will happen if we dont pass the une 2022 test? I think a clever lender will assess at the time and consider an extension. I dont think iv ever seen a company faulter just once regarding debt and have to just collapse

I think without doubt Cineworld will be aiming for pre covid 2019 levels or revenue/occupancy
but it doesnt say anywhere they "have" to do that immediately next year. infact it says contrary in the RNS, they dont have to until early 2022.
none of us know anything about specifics of the debt payback, so its wrong to assume that all of their profit (if they do achieve 2019 levels of revenue) will go to repaying debt. it would also be stupid to structure debt so that you have to perform at your peak to tread water, stupid on behalf of the lender and the receiver.

this is from the RNS

These actions, together with a number of other operational initiatives, has meant the Group has successfully reduced its monthly cash expenditures to approximately $60m whilst cinemas are closed.

Given the uncertainty of the duration of the Covid pandemic, the Group has worked with its financial advisors to plan for multiple scenarios. The Group base case scenario assumes a reopening of cinemas no later than May 2021. Under this base case scenario, the Group has sufficient headroom for 2021 and beyond. In the event of a further delay to the cinema reopening, the Group expects to retain sufficient liquidity for a number of additional months, but may require lender support in order to deploy that liquidity

none of the above mentions "pre covid covid levels immediately", It refers to "base case" , which i read to be a reserved level not pre covid level. in which case they have all year. although i do admit none of us know what "base case" means.

im not usually a Cynic, bt the government gets extreme critisism about puttin london in Tier 2, not tier 3 at the start of recent tier system.........london basically does whatever the f*ck they want and the virus spreads, it goes into T4 as a reaction. now all of a sudden theres a more contageous strain of Covid in London. sounds like an excuse.
when you research mutations of Covid 19 they knew it changes slightly back in april. sounds like a well used application of a truth to form a lie. anyway, thats just my annoyance coming out at the affect its ahd on this share. id liked to hav had a christas sat in the green, praisin gmyself for my exellent trading choices......but alas it wont be so

there is an upside to that, we know Tier 4 level of restrictions work. so we know good Covid news will follow and hopfully carry us back up again......combined with Vaccine roll out futher than current SP

I held. If im honest i didnt expect the drop to be that dramatic. The US Stimulus and Moderna Vaccine approved meant nothing compared to the Covid scaremongering. IMO its starting to show how this share is affected now and its all about COVID fighting incentive. the assumption was we would jump after Disney made the excellent announcement it would Honour traditional cinimatic releases, didnt budge the SP, Various good news on vaccine release and stimulus didnt really budge us but theoretically excellent news for us and adds to a very strong foundation to build off (probbaly why 60pish is a a good hold for us).

It looks like JLP's 6 monthly update comes in late Jan. Although we are looking at alternatives for Star ore, it would be good to not have to and send it to Sable once its ready......soon hopefully

sometimes theres just all that has been said and waiting is all you can do. I get the feeling by the way this stock is moving that all the shares are bought up and people are just sat on them, thats why a few £k in trades makes the share very volatile. that being said it wasnt long ago we would have a sniff at 1.05p then a day or 2 max later we would be back down again. so something must be right or different this time, partial re rate that recognises our asssets maybe

theres a huge rally as Oiltap says on Copper and Zinc. we have all the right irons in the fire.

half year update this week hopefully, unless iv missed something about it being delayed? Id like an update on Star. the target pre covid was to be operational by year end and alot of "...big investors expect it..." quoted DB in July mineprofits interview. Id like an update on Cashflow also.

the whole market is down today mate due to news of the new Covid Strain and lockdown rules etc etc causing future uncertainty

Thanks NoFear, I appreciate the effort you out into informing other share holders any info that might be of use. I think ill have a read up on Ortex as its complexity has challenged me. This week will be an interesting week with a range of good and bad news recently for the whole market

my head hurts trying to understand that. NoFEAR, are you thinking that the trigger seems to be the reason for the Capita price drop despite the recent good news, so they want to replicate on CINE?

could it work in reverse? a co-ordintated mass buy, to push the SP up haha

You're right LJS holding this price for as long as we have done is a huge success. Previous to this we could jut bit get past 1.05 and it would only stay in that region for a day or two before dropping 20%. If this is the new hold then its absolutely fantastic and a great base to be moved up from given news that makes the company more valuable

i didnt expect this drop today. we havd a fantastic result last night. Disney could have been crippling if they went the same way as WB. so today i did expect a rise as we know we will be getting revenue next year from exclusive screening of premiers which is cinems bread and butter and is a box ticked in terms of confidence for the future safety of the company. given we experienced 72/73p a week or so ago. being realistic i think it would be good to find our new support level around that point minimum in he next week when more vaccine news comes out. the weekend news has been very kind to us the past few weekends. thats me thinking reserved. hoping for higher obviously and with this share id definately wouldnt rule it out

thanks for your reply Crumpets, much apreciated

At being at risk of the guy asking the stupid question. Given the latest 2 RNS, do we think the price drop today was by companies selling their short positions?

bar WB announcment which is very mild now Disney harent following suit, we are in the same place as a company that saw us 72p last week. the whole market is taking a battering today, this isnt CINE alone. top up and watch us climb once the unknown of Brexit gets out the way

Not that I'm into back patting or anything, but this is a very good night for those who had the balls to hold. Night all

Boom! huge tick in the box for short term. If Disney went the same way as WB that could have been terrible. Now its just a matter of time.........US vaccine will come, Brexit will come. Enjoy the ride from now on and the steady recovery

Kavango have a breakdown of the different phases although you would have to go into the detail to compare fully
1)start phase 1 survey - phase 1 survey complete - 4 weeks with some areas of indication - (GLR in this stage)
2)phase 1 survey - start phase 2 - 16 weeks - i guess this can range from anytime really though and has so many variables its not comparable (available finances, speed of first review to highlight areas of interest, sunbcontractor availabillity etc)
3)start phase 2 - end phase 2 - presumably areas of high interest - 8 weeks
4) end Phase 2 survey - Phase 2 survey Data processed - 8 weeks
5)Phase 2 Data Processed - start drilling 5 months

im in, but i have to admit it i feel its a 50/50 the next 24 -48 hours or so which way this could go in the short term. I feel a 20% move. good ews from America and Disney and we are a go! bad news from Disney and i feel we will drop again. but thats investing, Risk and Reward. whatever the drop we will recover when we start to open again, so you could say the risk is low if you change your strategy to longer term than imeediate jumps in SP based on news/current afffairs