Drummer Jimmy Chamberlin and guitarist James Iha have performed with the singer in recent months and bassist D'arcy Wretzky has shown interest in a full group get together, and now it's beginning to look like fans' dreams are coming true.

In a new Facebook video, Corgan says, "There's some big stuff happening. We're making plans. I can't give that away, but it's going to be interesting."

According to some reports he is keen to hit the festival circuit next summer with his old bandmates - their first gigs together since 2000.

Corgan is also working on new music and starting a band with current Pumpkins sidekick Jeff Schroeder.

"We're going to start working on music next week for the new band," he says in the video.