As the production of The Hobbit: The Battle of Five Armies is almost through, the trailer of the movie is set to release soon if one were to trust recent reports.

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A new report suggests that Peter Jackson has approved the final cut of the first trailer of the movie but the clip is still awaiting rating. So the first trailer might be just around the corner.

The folks over at TheOneRing.com did the math and are guessing that the trailer will be set for a July 20 release. This was inferred taking the past trend -- the trailers of the first two Hobbit movies -- into consideration.

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While it seems like the plot for the third film will be sticking to the orginal Tolkien story, fans had recently petitioned to keep Thorin Oakenshield alive -- he dies in the books -- only time will tell if this will have any bearing on the film adaptation.

The biggest moment of the film will be the epic battle, with the enemy forces led by the dragon Smaug. It was recently revealed that the film will open with the sequence of Smaug wreaking havoc in Lake Town and he will be something of a "killing machine."

Another very interesting highlight in the Peter Jackson adaptation will be the retrun of Sauron. After Sauron made a daunting appearance in The Hobbit: The Desolation of Smaug it is being suggested that the necromancer will return and fight the White Council. But it is also believed that the White Council will most probably defeat him. 

The Hobbit: The Battle of Five Armies will hit theaters on Dec. 18.

Watch the trailer for The Hobbit: The Desolation of Smaug: