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SRB Serabi Gold Plc

67.50
3.00 (4.65%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Serabi Gold Plc LSE:SRB London Ordinary Share GB00BG5NDX91 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  3.00 4.65% 67.50 67.00 68.00 67.50 64.50 64.50 153,855 12:35:15
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 58.71M -983k -0.0130 -51.92 51.12M
Serabi Gold Plc is listed in the Gold Ores sector of the London Stock Exchange with ticker SRB. The last closing price for Serabi Gold was 64.50p. Over the last year, Serabi Gold shares have traded in a share price range of 21.25p to 67.50p.

Serabi Gold currently has 75,734,551 shares in issue. The market capitalisation of Serabi Gold is £51.12 million. Serabi Gold has a price to earnings ratio (PE ratio) of -51.92.

Serabi Gold Share Discussion Threads

Showing 6651 to 6674 of 22175 messages
Chat Pages: Latest  275  274  273  272  271  270  269  268  267  266  265  264  Older
DateSubjectAuthorDiscuss
10/11/2016
15:52
markets are crashing again.. so i wonder if gold will move upwards again?
hraj
10/11/2016
11:06
Should be looking for 3rd qtr financials tomorrow or more probably early next week.
cotton4
10/11/2016
10:55
Say $300/oz cash generated gives $3m cash generated @ 10k oz for Q3.

Depreciation (guestimate $2.5m) is included in the AISC, which should cover cap ex interest and debt repayment.

So circa $2.5-3m cash generated in Q3.

If my figures are broadly correct then 7p should be in reach IMHO.

sleveen
10/11/2016
10:20
markets were really crazy yesterday with all the market losses reversed and more.. and today gold is heading back down and the dollar strengthened again, not sure how this reflects in terms of the real. i'm still hopeful that news can push this above 7p.

currently AISC are $960.. that still leaves a positive cash flow.

hraj
09/11/2016
08:48
Agreed tightfist.

My reasons for reinvesting in SRB.

sleveen
09/11/2016
08:46
Hi sleeven,Thanks: I don't suppose many overlook the strengthening PoG (especially this morning!) but I mentioned the Real Forex risk as a slight caution, mainly for newcomers sniffing at SRB.The last AISC I heard mentioned (can't look it up right now) was higher than I expected, but of course that gives more leverage with a rising PoG if it is correctly priced.The outlook in the last video was very upbeat for me; IMHO that sentiment, the cash flow and the imminent debt-free status has not been recognised in the markets yet.Cheers, tightfist
tightfist
03/11/2016
10:46
thanks sleveen/tightfist.. i look forward to some good news here.
hraj
03/11/2016
08:13
Don't forget the POG in Q3 is about $80/oz higher than it was in Q2 to compensate Real strengthening.

Q3 revenue around $13m.


I reckon about $5-6m will be generated by ops and about $3m after $1.3m repayment.interest costs, cap ex and explo costs.


As has been said before SRB are under the radar of investors. I think Q3 financials due in 2 weeks will change this.

IMHO.

sleveen
03/11/2016
06:59
Hraj,What we really need is the Real to do a nosedive! It's been very strong (+20%) vs USD this year; retreated 4% in the past fortnight, hopefully it will now break the trend keep weakening.Cheers, tightfist
tightfist
02/11/2016
15:47
golds back above $1300.. can only be positive as the pound is still weak.
hraj
01/11/2016
13:59
hraj,The last video from MH inferred Fratelli would reduce their holding within a future corporate expansion development.Selling shares in the market? My instinct is unlikely unless they want to prepare the ground for a bid - that is purely speculation on my part, I know nothing. But the imminent cash generation capability is there for all to see......Cheers, tightfist
tightfist
01/11/2016
13:48
i wonder if fratelli are offloading and reducing their stake.
hraj
01/11/2016
13:41
Yes, if I was not already fully loaded with SRB I would have been a buyer well above 5p. I sometimes wonder how many people listen to (and believe!) the prospects in the videos by Mike Hodgson. Or maybe I am just a born optimist.....
tightfist
01/11/2016
12:51
There seems to be an endless supply @ around 5.15p.
bsg
01/11/2016
10:53
hi tightfist.. i never thought this would drop back below 6p on the recent strength.. but it did and has..i wonder whats holding this back.. could do with it being 10p+
hraj
01/11/2016
09:51
Hi,With the positive outlook and rapid pay-down of the remaining debt I wasn't expecting that lurch back below 5p. Anyway, today looks more sunny with Au/Ag looking a bit perky and a couple of decent SRB buys; I wonder where we may end the day?Cheers, tightfist
tightfist
25/10/2016
13:43
Thanks for the comments Raj results of the drilling taking place at the moment may give us a lift.
kinloch
25/10/2016
13:42
Thanks for the comments Raj results of the drilling taking place at the moment may give us a lift.
kinloch
25/10/2016
13:25
It had been dissappointing..perhaps thr market is awaiting debt clearance and a view on fratellis next move.. It was mentioned here previously that they may be selling down and they owned well above 50% with average of between 3-6p.
rajaster
24/10/2016
13:51
Do we see a money raising exercise coming here hence the lack lustre performance of the stock despite a lot of good news.
kinloch
17/10/2016
14:50
Thanks for the brr link, another useful update especially the geophysics programs at Palito where it sounds as though there will be more good news pretty soon. Filling the third ball mill with ROM ore in early 2017 would be attractive - but results would become vulnerable to plant breakdowns.The market hasn't really responded today; I suppose the production increase was priced-in and the strength of the Real combined with the lack-lustre PoG are not helping at present.Cheers, tightfist
tightfist
17/10/2016
07:34
we should see the down channel broken and a new more bullish trend form pending buyers return, weak pound.. this is is great for companies like srb that trade in Brazilian real and dollars
hraj
17/10/2016
06:13
Excellent up date. MH prudent as usual.
cotton4
07/10/2016
07:57
Back under 5p, great buying opporunity for those still interested.
rajaster
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