Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Around Nov 30th so that should act as a big catalyst for the markets. Like on Dec 3rd last time, we could see similar spike with the drug approval.
Most of the stocks including CINE kept going up from Dec 3rd upon vaccine approval. I think CINE stayed in 70s for most of the time since December and motored to 80s and 90s by Jan and Feb. We will see the same again with Merck pill approval.
https://www.streetinsider.com/dr/news.php?id=19224054&gfv=1
Barclays target 115p
Bernberg had 85p
Peel Hunt 75p
We were at £1.22 this year March!
We should be atleast £1.
LPD, just few days back I realised that House of Gucci was directed by Ridley Scott! He is one of the best directors. I usually don't miss his movies. His first movie on Alien released back in 80s I think was superb. The technology that he used back in those days to make that film was amazing.
House of Gucci for Thanksgiving day should be a bumper one.
Oh Robin, there are some that cannot fathom if you praise LPD! Those who are not invested obviously don’t like his positive posts.
You are right he is the one that keeps us sane, at least me, despite all the deramping!
Around Nov 30th so that should act as a big catalyst for the markets. Like on Dec 3rd last time, we could see similar spike with the drug approval. CINE last year kept going up from last year Dec 3rd on vaccine approval. I think it was in 70s for long time and closer to Feb started motoring up.
We could see SP motoring from December itself. Once December is through all markets will go green as by Jan/Feb, market would want to load up to bear the fruits as all economies fully open up from March onwards.
CINE hit £1.22 in March this year. We could see that price much earlier this time.
Around Nov 30th so that should act as a big catalyst for the markets. Like on Dec 3rd last time, we could see similar spike with the drug approval.
Sometime last week they closed it I think. Not only Polygon but AHL partners reduced too. We have doom and gloom here wanting us to believe that CINE is in trouble.
Those hedge fund vultures won't reduce their position so easily and quickly. They can see that CINE outlook is improving and CINE is in bargain basement price now. They have to close it now otherwise they will risk losing millions.
Spiderman will whip the remaining short sellers.
Between natural and vaccine immunity and emerging oral treatments, “the death rate and the disease rate ought to be coming down pretty dramatically,” the billionaire founder of Microsoft Corp. said Thursday at the Bloomberg New Economy Forum in Singapore.
The constraints on vaccinating the world against Covid-19 will shift next year, Gates said, as supply issues are resolved and replaced by questions of how to logistically distribute them all.
The vaccines are very good news, and the supply constraints will be largely solved as we get out in the middle of next year, and so we’ll be limited by the logistics and the demand,” Gates said in a virtual interview with Bloomberg News Editor-in-Chief John Micklethwait.
Between natural and vaccine immunity and emerging oral treatments, “the death rate and the disease rate ought to be coming down pretty dramatically,” the billionaire founder of Microsoft Corp. said Thursday at the Bloomberg New Economy Forum in Singapore.
The constraints on vaccinating the world against Covid-19 will shift next year, Gates said, as supply issues are resolved and replaced by questions of how to logistically distribute them all.
The vaccines are very good news, and the supply constraints will be largely solved as we get out in the middle of next year, and so we’ll be limited by the logistics and the demand,” Gates said in a virtual interview with Bloomberg News Editor-in-Chief John Micklethwait.
Within one month, they rushed to close their position. From 1.35%, now they are not in the list!
Also AHL partners reduced their position on Nov 11th.
Obviously they are worried about their short position. Anyone still has a short, better learn from Polygon and close it.
FunInvestor, you say we are hyper positive whereas you are just the opposite of it. Always bearish on CINE. What is worse is that you say that you are invested but you don't believe in CINE's outlook. Always picking up only negatives. Many other posters pointed it out as well like TimeShifted, Mountainous, and many others.
Also there is a sea of difference with the way MoneyP1t posted about BO numbers and the way you put it out. I post supporting my investment in CINE. Why don't you post why you are invested in CINE?
Also you don't want me to dig out your past posts and your fag packet calculations on CINE's Unlimited membership. You don't want to feel embarrassed again. Happy to dig up your posts or anyone else can do. Just ramp up when you are invested and do the opposite when you are not.
The thread was started as there was continuous reference to the court case. It has been discussed now at length. But you can bet that there will be more new posts with same title every day particularly by those who are not invested!
Everyone now has an idea of where things stand.
Having watched the LIVE court session, in my opinion, the worst case for CINE is paying damages of less than $50M. We discussed at length why it is less than $50M.
Each one has their own opinion of the outcome of the court case. Now it is just a matter of waiting for the outcome. We don't need this topic to be discussed every day.
LPD, yes, the build up to Bond has taken us to 84p so am hoping that we will see the same with Spiderman. I'm waiting for Matrix release to watch it in the big IMAX screen.
Nice work MoneyP1t. I like the way you posted it positively acknowledging the improving outlook.
Also if you do daily avg for the BO figures then you would see that the histogram chart with blue bar hitting and surpassing the 90% level since July!
LPD, Great news regarding Spiderman. Good find.
Yes Forest, like Bond movie, we shall see again news from media about how good pre-bookings will be for Spiderman!
I'm confident December month will be a bigger month for CINE. Also big long Thanksgiving weekend coming in US.
When Bonkers is working hard, Pogo and PawelB can relax and enjoy the posts from Bonkers.
Great job Bonkers!
What a cracking post that is Mountainous!
After reading and replying to all the crap since morning feels so good reading your post. Mate, we will make profits. We will see £1 and beyond. SP has been surpressed for quite a long time. This has to pop big and it will. Just keep holding.
Just started a new thread for the benefit of others as it is a great post from BreakfastBuffett -
The court case swings on a number of points, the main ones are:
- did a Material Adverse Effect take place, or was this excluded by a carve out in the contract?
- did Cineplex breach the ordinary course - or were the actions they took excused by the pandemic?
- did Cineworld stick by the terms of the arrangement agreement?
- Did Cineplex breach the debt limit set in the contract?
The Material Adverse Effect argument seems to say that a MAF in the terms of the contract cant be caused by an outbreak of illness - so in effect cannot have taken place. Cineplex want the MAF definition to be applied so that Cineworld take this risk - but that seems against the wording of the contract
Cineplex (even according to the judge) strayed from the ordinary course, in some areas a lot and in others not so much - but other cinema companies did too, however they were not under a sale agreement at the time. Both sides claim that the other should have raised concerns or asked permission to change course - which neither did. The jury is out here.
Cineplex says that even if they did deviate from the ordinary course that Cineworld did not fulfil their side of the agreement - which they must do to invoke the Ordinary Course Covenant. For example by delaying the government approval process. Cineworld say that they did fulfil this, that this part of the agreement needed additional conditions because of the pandemic, and that the Canadian government were concerned about the deal. Cineplex say they should have forced this through as fast as possible without any additional clauses. Again the jury is out.
As for the debt limit - the limit on the Revolving Credit Facility (RCF) is £725M CAD. Cineplex were very close to this, and by march were right on the limit. This left them no room to manoeuvre so they stopped paying landlords and film studios thus increasing the debt. This did not however increase the RCF above $725, but did deviate from the ordinary course. The company clearly had a lot more debt than it said
It could go either way, but thats not the whole story either. The damages cineplex claim are for the entire deal and would leave them in a much better position than if the deal actually took place. They get the money without selling the company. Most of this is the difference in share price - but shareholder claims are carved out of the contract so these should not be granted. Then CP claim for everything else they can think of - a lot of which is unreasonable (like post-deal synergies). Cineworld only claim for expenses
Bonkers feeling jealous as I called it right :-) your beloved FI and Wellington said that there will not be any update until next year.
I even said that the update would act as a catalyst for the big rise but some tried pouring cold water talking about BO.
Good afternoon Mountainous. I believe there will be more details about the numbers in the update that comes along with the court case outcome. CINE will talk about finances in that update. I'm confident that the update will be positive and with the positive update from court case, we will see pretty good rise than yesterday IMO.
Break fast Buffett nicely summed it up about the court case. I'm expecting update in 1st or 2nd week of Dec, which is 2-3 weeks away from now.