Member Info for smalltrader

Good luck all. Not in this. Always the last one to buy a multi bagger so will get in tomorrow if am able to. Since the relisting and into 2 months since then, there was no offer made so thought EUA is going into production in their own. Also there was a placing in August. But today's RNS is quite a big statement from the chairman. He said he cannot disclose anything in public domain, which is a sort of immature comment. It appears as if they are trying to pump up the share price. I will try to get in tomorrow for a small punt.

Reuters have not published any new article since yesterday. Surely they are following those reliable sources to get news but tight lips suddenly. expected a RNS today morning. may be we will get one after hours today?

Krakenoil, may be if you can ring the IR? I tried calling today and I was told that I will get a call back but not heard so far. Atleast the staff is there in the office today so PMO not folded yet!

in 11 weeks you may get more than 100% return compared to keeping the cash in the bank! Just ignore the noise and sit tight!

wow! 100K! that is massive SAS! It is shown as SELL. That is why I don't believe in the buys and sells shown here.

Hopefully SPA news soon. GLA

Excellent post Starchild!

GGP had a 1Billion MCap without producing any gold but many can see the potential there.
Likewise anyone saying AVCT MCap is too high need to understand that market is always forward looking at the potential of the company. One fine day we will have a RNS about the product ready for commercial use and all those who missed NCYT including me, will have same dejavu with AVCT too if you are not in. AIMHO.

Excellent post Trek. I'm in AVCT and in BPC too, which is going to go mental like GGP soon.
Buy when there is blood on the streets. Ready to add more if AVCT goes further down.

https://www.teslarati.com/tesla-tsla-elon-musk-worth-more-five-years/

This Lithium stock soared 200% after Tesla did a deal -

https://electrek.co/2020/09/28/tesla-signs-lithium-supply-agreement-north-carolina-project-piedmond-stock/

Wonder if there are any Lithium producers on LSE?

but POG down. Another 2 weeks or 3 weeks to go for interims update.

There are so many millionaires in GGP board. They all have bought when it was around 2p.

BPC can make us millionaires too if we spud this December. Now is the time to accumulate. Closer to the drill date, SP can be lot higher than now. We have seen before covid, how fast this moved as we got close to drill date. 5.8p was hit a month before the drilling I think. This time we have a confirmed drill date and drill ship and the date is not far away. Build it and they will come. GLA.

exactly, this is the time to accumulate and be ready for the next big news. Clearly many including me missed the 2p thinking that drill is going to be next year but Potter surprised with a fantastic RNS announced spud date to be in December before Xmas. This will go ballistic if the billion barrels oil is found on drilling! will be life changing for all who got in now as on the spud date!

Anyone listening to this idiot is going to lose money. Look at his posts such a dumb dimwit fool. Every BB has one such idiot. He must have missed buying it under 2p and now continuously writing sh***t. Really my blood boils seeing such posts. He is so negative about BPC yet still comment every minute/hour/day. Likewise few others who think BPC is not worth investing yet still keep posting on BPC continuously. When you are not invested, why waste time here? Filtered these fools.

what really bothers me is that why cancel dividend until 2022? How much are they going to save out of it? How much debt would reduce with that saving?
Atleast if the dividend was temporarily suspended this year and resumed next year may be the price wouldn't have got hammered. Although the funds will be pulling out hammering the share price. Obviously CEO Jansen does not care about the shareholders. He himself bought some million shares? Just frustrating to see this going down every day.

we were at 5p before all this covid non sense started. Now the drill date is not too far so back to 5p and higher as we get closer to December. Today is definitely a surprise news as I was not expecting to start till next year as mentioned previously.

Rp11ace, that post is nail on the head! last time even months before approaching the drill date, we were at 5p! Now we are in a much better position, 5p will be passed easily. LSE shows just 490 trades. Once the news reaches the media, 5p very soon. Proactive investors interview not done yet I think?

Nice! Well done!

What do you think about the competition for Tesla in Europe?

Battery day wasn't that great for Tesla so I wonder what the market expects from Q3 update. I think we will see some lows until one week before Q3 update. As the long term future is EV so definitely holding this for next few years. I just need to see if I have to go all in to Tesla as I have quite a few other shares invested. What do you all think about the competition for Tesla in Europe?

See below from RNS about the worst case scenario CINE thought of -
"
The severe but plausible scenario models a potential second wave of COVID-19 in 2021 affecting several of the Group's territories to the extent that further prolonged, partial shut downs are required, affecting the Group's performance. The scenario forecasts a closure of major US states (representing 45% of US admissions in an unaffected year), 50% of UK cinemas and a territory in the ROW segment being required to close in full for a period of five months from January 2021. This represents a shutdown consistent in length with the period previously suffered in 2020, although the impact is less severe, following the more recent approach to regional/state rather than national lockdowns. Other sensitive cash flow drivers are consistent with the base case, including incurring a significant rent charge through a period in which large numbers of cinemas would not be operating.
The modelling for this scenario indicates that the Group would need additional facilities in order to continue to operate from early 2021, following the end of the current RCF extension. Financial covenants would be breached at December 2020 and June 2021.
"
So if there is a second lockdown and closure of cinemas in major US states for full 5 months only then the group would need additional facilities and only then covenants would be breached in Dec 2020!

There will be an equity raise but no one knows at what price that would be. Considering Mooky has his own shareholdings don't think he will agree for the raise at 20p? Once the equity raise is done, it is back to normal service for CINE.

Look at British Airways (IAG), they raised 2Bn considering their cash burn for £170M or so per week? CINE doesn't need to raise that much amount as CINE monthly cash burn is far less and now cinemas are open too. Even if they have to raise 1Bn then I imagine it would not be at less than 40p.

If there is a good news on vaccine soon then Dec convenent test should be a cake walk and I think Mooky want to wait and see till end of October on how covid plays out so am expecting that there will not be any equity raise until October end.