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I’m still reading through the document but it sounds like they have a solid financial plan which they are taking to the AGM on 17th December and hence the massive uplift in share price. Part of the plan includes additional shares which will be offered preferentially to existing shareholders as of 17th December.

https://www.norwegian.com/globalassets/ip/documents/about-us/company/investor-relations/annual-general-meeting/20201203---egm-notice---norwegian-air-shuttle-asa.pdf

Whilst there maybe frustration that the share hasn’t hit 400p again yet I believe the next trading update will send it back towards that mark. But what really excites me is what happens over in the US. Remember US investors are now buying up large amounts of BOO so they clearly see a positive future. I anticipate that my investment in BOO will at least double within 2 years.

Good point Potter!
I see positive news likely over the coming weeks and months and given SP is driven by market sentiment I predict good times ahead. GLA

Just been in to get a buy quote and asking for 2.50 now. Wish I’d topped up more than I did a week ago when it was just 2.20. Reckon the resource update will send this over 3.00 and positive investment news afterwards would sky rocket this IMO. Exciting times for all that hold KAT

From the confident tone of LC in the interview he must know that the resource upgrade is going to be good news. IMHO I am anticipating that when the next RNS lands it will be very positive and closely followed by another RNS completing the deal.

Forrest my understanding from the interview was that they only need 40% to get the project to the point that it is self sustaining so I did not take it that they would be requiring the other 60%

Very helpful interview. Now I have a much clearer and more positive understanding of how the funding is progressing. In fact I’ve just doubled my holding on the strength of it. I expect the deal to be progressed very quickly after the resource update which is expected soon. Got a feeling we will soon be looking back at this saying wow was this real 2 pence a stock!

My key takeaway from the interview is that there are multiple funding options on the table including one of which is in the form of a term sheet.

I think the biggest problem with LC is that he’s not very good at explaining everything. When you eventually understand what he means it’s actually better news than what was communicated!

Am now much more inclined to top up as well if the valuation report is positive news the SP may move up quicker than we think as that could be the catalyst for concluding a deal

3 positives to take away from today’s RNS:
1: Multiple investors
2: Expressions of interest of funding exceed the peak requirements
3: the phrase “if required”

Note the lack of optimism on here but shares have a habit of surprising. The biggest rises and falls in my experience have occurred with no prior expectation so I will continue to hold as we simply don’t know one way or the other.

This is fantastic news! Sir Brian Leveson is top drawer! Also love the statement “...will help us on our journey to lead the fashion e-commerce market globally...”
Global leader sounds good. This company is going places and the SP will fly in 2021 and beyond!

Would expect to see the SP to start moving up in anticipation of 30th November update. When the shares are this cheap it’s a worthwhile gamble IMO

Potter I fully agree. Not expecting an announcement until Friday or possibly Monday. One bit of concrete news and this share will fly!

Whilst I understand the lack of confidence in LC getting the deal in the bag for 30th November investors know it might just happen and will not want to miss out on a potentially massive rise in SP. I therefore predict this will be up at 3.00 in anticipation of RNS on 30th November

Likewise just bought a load at 590. Been waiting a while for an opening and see this at 800 by end of 2021 IMHO. Fundamentals are solid. Shocked to see them dip under 600 but don’t think that will last long!

Joyus you’re making me think I need to double my holding here before the price heads up again! Working on law of averages that eventually this deal will be landed. Also with the vaccine out there investment companies feeling more positive all round so think we this will happen sooner rather than later.

I’m not sure of the old vs new SP equivalent but others can answer this.
Personally the only way I will fly in 2021 is first or business class so I’m not hemmed in with ****ed up lager louts who think Covid restrictions are pointless

The good news just keeps on flowing ...

https://news.sky.com/story/boeing-737-max-cleared-to-fly-again-after-fatal-crashes-12135524

Giving an early RNS update is not missing the deadline. Quite the opposite in fact! Very encouraged that this is on track and RNS mention of early gold extraction...