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£100M mcap is 20p per share. I agree finance news will lead to a serious rerate but I cant see news coming this week. It will be at least 2 months before we get funding news. Will actually work out better as in a few weeks the anticipation of funding news alone will cause the sp to hit 5p+. Just a waiting game now

I would rather hope the debt is paid off instead of paying a dividend. I have never understood why companies pay out dividends while they have debts that requires tens of millions in interest each year. Its like buying a house on a buy to let mortgage while keeping £100k in the bank in a savings account paying 0.1% interest. For example look at the difference between SQZ and ENQ. Both are oil producers in the north sea. SQZ has half the production of ENQ but has a much greater mcap because it has no debt. While ENQ needs to produce x amount each year just to cover the interest, SQZ just needs to produce a fraction of x and they will make a healthy profit.

Just need to wait until 31/07. The fact is people are going back to the cinema. Anyone can look this up by jsut going on the Odeon website and seeing how many tickets have been sold for each show. Considering there are no new releases the footfall is excellent.
Some of the cinemas are now showing tstar wars v and near enough every show of that is almost half full. As are Bad Boys for Life and Batman Begins. Now imagine what would happen when Tenet and Mulan are released. Just need to wait another 2 weeks before the rerate begins. If the share price can go down so quick then it will go up just as fast.

According to stats, there were 22k covid cases and 351 deaths in USA today. That is an almost 60% decrease over the last 7 day average. If these figures improve over the next week or so then the sp will reflect this. People just need to remember that this is only a temporary situation we are in. It will be over one day.

The licence is a given and most likely factored into the current sp so even if announced tomorrow I can't see if affecting the price too much. What everyone is waiting for is news of funding. That is the difference between £15M and £150M mcap value.
We all know how good the economics are on this project. It is a tier 1 graphite mine with low capex. Once funding is announed then the sp should be around 15-20p if not more. Doesn't take much to get the sp moving so when the rns hits and we get the volume then the sp will rocket

I've seen the so called 1 share buy today that supposedly is a sign used by mm's to say an rns is due the next day. Sometimes it comes true other times its complete tosh. But we can always hope for news tomorrow of £3 per share bid lol

Alwaysone- I am just a bit peed that I didn't buy in earlier. kept watching it rise and kept thinking there is no way it can keep having a blue day every day. But iI've now realized there is a solid reason behind this and more importantly there is still a lot of profit to be had here

the sp should be around £1 now. Ive managed to get some at 79p today. Everything is in place for the sp to keep rising. Just need to wait it out.

ive brought in at 1.29. Had been watching this for the last 2 weeks since it was at £1. Should have brought in then but kept waiting for it to fall back but it kept rising. Can see this hitting £1.50 soon and then £2 in a couple of months if not sooner

Clearly the spike in US covid cases has negatively affected the sp. But on the bright side if this second wave goes down in the next few days/weeks then the sp will react poisitively. It is disheartening to see the current price but you just have to remember the price is only down due to uncertainty regarding this second outbreak. Once this fear subsides then there will be a significant rerate. As said before this share isn't for the faint hearted but as the old saying goes, with great risk comes great reward. I honestly feel that that in the next few weeks the sp will hit 75/80p.

Just to add Maxreinier's post, there is no way streaming can make up the income that is generated via the box-office as Universal Pictures have found out from Trolls World Tour. They have suffered a big loss even though it was at number 1 on several different streaming sites. The fact is even if it costs $20 to stream it, there could be several people watching it together as opposed to cinema where each person has to buy a ticket. According to several sources Trolls World Tour will end up making upto a $30-40M loss for the studio as it has only made around $95M from streaming as well as Universal Picture being banned from releasing any more movies through AMC theatres as punishment.
Another thing to consider is if people can get away with watching it for free then they will. If movies are put straight onto streaming sites then it will be that much quicker before the same movie ends up on an illegal streaming site. Bottom line is the movie studios need these cinemas otherwise they would not be able to make a profit on a $200M blockbuster

Odeon have opened up 10 cinemas today and footfall has been good considering its the first day. Milton Keynes place even had a few shows sold. Considering there are no major movies out at the moment this is great news. When CINE opens on 31st July there will be greater confidence in the general public to go out and there will be new blockbuster movies relased as well so a lot more tickets will be closed.
Personally I can see £1 being achieved over the next 2/3 weeks and £1.50 in August. Share holders just need to stay calm and wait until then.

On the website you can see how many seats have been sold for each show. Looks like people are coming back as most shows have at least 10 tickets sold. Still early in the day so am expecting more tickets will be brought. Just need to wait until 31/07 when cineworld opens. So far the signs are positive

What is good to see is there is a lot of support around 3.3/3.4p. There was a flurry of buys at the close of trading and more importantly it only took a few buys of a few grand each to bring the ask back up to 3.5. A liitle buying pressure and we will tick up. When news hits and the rampers come on board then this will fly. Might even end up seeing 20p, anything can happen on AIM lol.

There is no big seller. Its just smaller investors selling out as they probably think they still have time to get back in, which they might have but for me its too risky to be out. News could come in tomorrow regarding financing and that is when the rerate will happen. The sp should hit at least 6-8p on news if not more

Looking good. Ive come in at 3.8p. Should have waitedm until 3.5p but didn't want to risk losing ou when news comes in about financing. This will have a decent re-rate if finance can be agreed without massive dilution. Should easily get to 7-8p soon

This is a well run company with no debt with £87M profit for the year and 3p dividend. Mcap for this should be over £500M so sp should be around £2. Just need to wait for the market to recognise this

price of oil is recovering. Should be $50 in the next 2 weeks as production cuts take effect. Ive dipped into PMO, ENQ, TLW, CNE, SQZ and RRE. All 5 are well run british companies. Some of these have got a massive debt pile but if POO goes above $50 they will have enough cash coming to see themm through

Tomorrow could be a good day if the 2m social distance rule is relaxed. Not long to go now before sp goes past £1

I agree with this as well. It should build up to 90p before the cinemas open and then depending on the footfall the sp could go anywhere from £1- £1.50 in the next few weeks. Either way current price is a steal