Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
@aandi have you been at it again with the £50k purchases?? Another nice lump of 9 million shares purchased today.....
Or are you selling and repurchasing at a profit?
I’m with you ikon that one @Dreammachine
I’m really looking forward to next year and to see what happens to the share once the projects begin to close!
Isaling.... Prince William got himself involved ;-)
Also it’s very relevant. Do you have any relevant content to share?
More good news for EQTec today..... Prince William is actively encouraging innovation in green technologies and for the production of more and more green energy.
I think there will be many more opportunities for government grants in the next few years to construct energy plants such as those spearheaded by EQTec. IMO. Just look at Borris’ speech in recent days about wanting to be a world leader in offshore wind farms!
I also think that there is a massive opportunity in the Asian market... which seems to have been highlighted in the H1 results report. So good news that EQTec have identified this and are acting upon it!
I think that these grants will help bridge the gap in cost from incineration to gasification outlay. If this happens then constructing gasification plants will be a no brainer and the money will start to roll in and we are in for a treat as investors!
Global warming has never been a hotter topic (excuse the pun) so I am very excited as a long term investor.
I think we will see a decent leg up in this share price by the middle of November. :-)
Hi guys....
Some interesting recent articles for your perusal...
http://crypto-daily.news/news/453912/gasifier-market-worldwide-survey-on-product-need-2025-2/
https://thedailychronicle.in/news/2239234/clean-fuel-technology-market-growth-framework-2025/
There is huge potential in this growing market. Exciting times ahead and I think 2021 will indeed, as per David Palumbos prediction, see exponential growth.
Any investors over the past 12 months appear to have brought in at a fantastic time....
What are people’s best guesses for closure on the Billingham project?
I would imagine they have built in a buffer of time on their 22nd Nov extension against their own expected closure date.
My best guess is that they expect closure a couple of weeks before this date.... so by 8th November and if there are any small delays they have until 22nd to iron them out... what are your thoughts?
Also, should this deal close then what impact do we believe this will have on the share price? Considering the scale and value of this project against their current market cap?! I hope that we will make gains to around 0.8p per share? But this is only IMO.
Isaling... what are your reasons behind shorting the stock? What reasons do you have for a drop in price before this news hits? Or do you think there will be a further extension to stimulate a sell of?
Also.... what impact will the conclusion of the Aries law suit have on the share price? My thoughts are that this will be quashed out of court before the first week of December and that a rise of around 15% on the share price at the time could be seen as a result of news on this.... your thoughts welcome too...
I am very hopeful of a strong year next year and have been very impressed by DP and the strategy he has taken since becoming CEO.
I look forward to hearing everyone’s views...
The Investigator
I think this has been a decision made following agreement to postpone Bond. Which would have been discussed for weeks.
However the bond announcement came Friday and Mooky’s next chance of an RNS is first thing Monday morning! Let’s see what he releases...
And lengthy discussions with landlords will also be occurring to come to arrangements that both parties are in agreement with.
Like it’s been previously said, if cinemas close operations then landlords will struggle to find new tenants and their buildings could remain vacant for months even years (during which time the landlords will still have to pay business rates on sizeable venues!). So it’s in the landlords interest to work collaboratively with the cinemas chains to work out what is in the best long term interests of both parties.
Admittedly it has been blow after blow for Cineworld this year. However, they are making tough decisions that are in the interests of both the studios and the cinemas.
As Mooky has said on many occasions, he has a good relationship with the studios.
It really is a two way street. The studios need cinemas almost as much as the cinemas need studios to survive. They will be working collaboratively!
Without Cinemas then the studios have no meaningful platform to profit from their films. POVD is too risky with pirating removing the big margins very quickly! Just look at the disaster Mulan has become, that tells you everything!
So I imagine that lengthy dialogue has occurred between the cinemas and the studios to plan for releases next year.
They no doubt both agree that this will provide them with the best return on investments in each film.
I highly suspect that Mooky is in agreement with studios over a longer term strategy of making money and also believes that 2021 release will bring more money to cineworld than 2020 releases.
The money from the big blockbusters isn’t gone, it’s just postponed. So it’s a delay in revenue rather than lost revenue.
What cineworld need to do is keep costs as low as possible until this revenue returns next year. Hence the shut downs.
I hope the shares can be suspended during the closures and I hope for an RNS Monday morning to provide some needed clarity.
Now I realise there will be scaremongers telling you all that Studios are driving cinemas to the ground to scoop them up for pittance when they enter administration, but I highly doubt this is the case!!
Studios are in competition with each other, there isn’t just one studio! So they will all want to buy cinema chains as much as the next. I think in terms of buy outs, it’s currently a game of poker and we’re waiting to see who moves first! Working as a cartel is illegal and won’t be what’s occurring.
What is occurring is lengthy discussions to protect the future of both studios and cinemas through these rough times.
Well done Mooky for being the first chain to announce lockdowns until the storm has blow over!
I agree we are seeing this board quieten a little and it does seem to be less heated which is nice! I stayed out of commenting last week but I was disheartened by the H1 results.
We don’t have a huge amount of stimulus to look forward to at present but I am confident that the share price has now bottomed out and will tooth it’s way up a little bit towards xmas.
I have fingers crossed that Bond won’t be delayed and that it will bring a lot of people from all demographics and age groups back to cinema. It’s a different beast from Tenet and appeals to a much wider audience. This could be the next bit of positivity to look forward to and might help us to creep up a small amount if positive numbers are reported.
The biggest news beyond BOND that I see is the waiver of debt covenants. If we see these covenants renegotiated (that Mooky seems confident of) then this will have a positive impact on our shares as the risk of defaulting would be mitigated and our shares protected for a good amount of time to allow the business to recover post Covid. I am hoping for an RNS on this front by the end of November.
Also I shouldn’t miss out the possibilities of a vaccine rollout early 2021 (or possibly late 2020) or a studio bid for the business. Both could cause a fantastic spike in this share and could happen at any time!! Although both more likely to be H1 2021 than this side of xmas imho.
Gla, especially the long term investors like myself.
The Investigator.
The hall of Shame more like!!
No link to Shamus there I promise.....
My take is that the institutions that ‘may’ (have to be careful what I say there) have been manipulating the share price or shorting the stock have decided that there is a risk of the share price increasing. They’ve reduced the risk of losing their profits (made during the drop in price) and closed some of their short positions.
I see it as a positive... and look at what’s happened to the share price this afternoon..... DYOR and draw your own conclusions. :-)
Tumble weed......
Anyone else noticed that it’s eerelie quiet on the derampers front?? Have we turned a corner??
Time will tell on the closing times in UK front.
I think we’re getting a little caught up in small details though. The share price will go up or down based on bigger things... such as US states continuing to open and remain open and then the biggie..... results day Thursday!
The share won’t be affect by 15% of our venues turfing out before 10pm or stopping serving at 10pm....
Thanks for the link Damo
I guess we will find out very soon!
Damodubya do you have a link to back the 10pm everyone has to be out the door statement?
I haven’t seen that yet. It is my assumption that (just like last orders in a bar) customers would be able to finish doing what they’ve paid for before leaving?
Completely happy to be proven wrong if you have a link to share?
@crumpets
You are totally right. The only issue with the selling of stocks is that when the demand is lower then the price drops.....
However.... the selling of those stocks has happened and the share price did indeed drop. But not actually as much as we feared (given the scaremongering last week).
So now we’re in a position where some of the big holders have already sold, the share price has started to rise, most long term investors are now holding for results and there is positive news coming out of the UK today.
So.... we find ourselves in a better position for a better rise ‘if’ and I do say ‘if’ the results on Thursday are slightly less bad than feared!
In2winit.
If last orders are 10pm then this doesn’t really have an impact on cinema.
How many films start after 10pm and how busy are those showings?
I really think we’ll only be able to form a proper opinion on the impact (if any) once there is a little more clarity on the guidelines.
I’m not disregarding your post by any means. It’s actually very valid (for 15% of Cine’s screens and for post 10pm showings in those screens)... but I think it will have far less impact on takings than you may think. Only my opinion though bud and I do respect yours.