Serabi Gold Share Discussion Threads

[tidy 2] 15/8/2019 11:46

Gold 1521 climbing.

[borisjohnsonshair] 15/8/2019 11:46

Raise 10 fold and you can get yourself in the news!

[borisjohnsonshair] 15/8/2019 11:45

My 30 shown as sale. 50 not shown. Games galore!!

[someuwin] 15/8/2019 11:44

Nice reversal.

[littlepuppi7] 15/8/2019 11:41

I think im close to 0.3 percent of the company now :-)

[littlepuppi7] 15/8/2019 11:32

Boris, added similar, some of my trades showing, some not...

[littlepuppi7] 15/8/2019 11:28

Sick of these MM games.. I have just made some major top ups...

[borisjohnsonshair] 15/8/2019 11:23

-7.9% to + 3.1% in morning while world in mess. US Futures gone from +200 to -200 in same time.

[borisjohnsonshair] 15/8/2019 11:21

I've not seen such wild games as this with share. Tests the bravest but the fundamentals are so positive, one must stay strong and trust conviction.

[borisjohnsonshair] 15/8/2019 11:20

Happy with 60p 30k & 50k top up!!

[qs99] 15/8/2019 11:12

nice clear out by MMs'....IMO heading much higher after two days of big drop then work it back up...DYOR

[kennyp52] 15/8/2019 11:10

All good then boys . We know why the share price is volatile ? Great board here .64 🥳

[loganair] 15/8/2019 11:00

The price of gold now at all time high in Brazilian BRLs.

[ppvn] 15/8/2019 10:58

Its honestly only possible to buy these when there is a seller about. I hope they are out by PEA time!

[1kiwi] 15/8/2019 10:44

Surely not, red to blue?

[borisjohnsonshair] 15/8/2019 10:37

Game changer BIG time.

[cotton4] 15/8/2019 10:32

Can't buy any qty online

[1kiwi] 15/8/2019 10:32

Has been NT to buy for most of this morning

[ppvn] 15/8/2019 10:28

The anfield PEA for Coringa (few years out of date now) had costs of around $28mm to get the mine to production I believe. Not sure on drawdown, but do know that Serabi have been investing in the site already so dont know if that figure has been reduced at all.

The new PEA should clear this up shortly though.

[borisjohnsonshair] 15/8/2019 10:21

Thank you. Definitely time to accumulate. The Q3 & 4 results will be great, reflecting POG - plain to see. I guess PEA exciting to raise NAV. We know the £12m payment obligation but do we know the ballpark cost to productions and high level drawdown of this capex?

[ppvn] 15/8/2019 10:16

It was Garraway BoJo.

What happened was City Financial had to be gated in early 2019, and Garraway took over their holding. They sold some around the mid-40s back at the beginning of the year - there was an RNS about it at the time. After that point, they stopped selling as Anker disposed of their position and I assume Garraway weren't prepared to sell below 40, but that's just my own assumption.

Garraway were gated on 25th July and the fund will be closed. So I assume that means they are now selling down their remaining positions. They held 2.8mm, so I'd think that the larger sells that have been reported are them. Again, just my assumption. Think they should be at least half way by now, perhaps further.

[1kiwi] 15/8/2019 10:15

Gold Price back into $1520s again

[borisjohnsonshair] 15/8/2019 09:53

Sale of the fxxxing century. Buy £s for 30 or 40p

[borisjohnsonshair] 15/8/2019 09:52

I managed to get 30k and 50k at 60p.

[borisjohnsonshair] 15/8/2019 09:51

Which funds that suspended directly or indirectly held SRB?