Serabi Gold Share Discussion Threads

[borisjohnsonshair] 20/7/2020 19:51

Happy here - the chart suggest a big rise tomorrow and Brazil numbers looking good. No one healthy has been affected confirmed.

[loganair] 20/7/2020 17:53

And officially 80,000 deaths!

[borisjohnsonshair] 20/7/2020 07:02

For sure Kenny especially during these unprecedented times. Plodding along Israel's a victory at the moment. Clearing debt great, paying down Coringa and staying safe!!! The end game won't change. Brazil's Covid numbers are flat or dropping infections, dropping death rates and increasing ratio of mild cases. Maybe we've weathered the storm by fantastic management.

[kennyp52] 19/7/2020 23:11

It certainly isn’t going to be a smooth journey tightfist but lots to be optimistic about when things get back to “normal” ... IMO

[tightfist] 18/7/2020 08:51

Hi tiger, kenny,.It certainly will be very interesting to see the Q2 production results (2019 on 22nd July) and H1 Financials (2019 on 14th August)..There seem to be a lot of variables at play which make it challenging to anticipate the outcome. At the minimum I foresee:.Revenue outcome will be a mix of suppressed production and elevated PoG/margin, especially for physical gold? .Hopefully we will see the impact of BRL weakness coming through as AISC reduction. The net? cost of employment with a reduced on-site workforce - but with additional quarantine and lay-off costs? Exploration costs should be substantially reduced, barring any onerous contract liabilities?.The H1 Greenstone CLN issues highlighted by PPVN in post #6641 match the cash required to fund the ongoing Equinox payments (RNS of 24th April) albeit with a one day lag over 30th June. What is the outlook for the Travel Restriction Condition and thus making final payment? Can SRB meanwhile generate sufficient FCF to part-Fund the Equinox payments and reduce CLN dilution? .It would also be good to see tangible progress on Coringa licencing and Sao Chico ore-sorting trials. A future pathway on processing capacity and location must wait a while I think, as must further surface exploration and a possible farm-in?.Plenty to think about! Cheers, tightfist

[sherry35] 18/7/2020 03:06

Off topic

kennyp52 - I'm in full agreement with you up until a point. If the pathogen is bigger than a white blood cell or hides in a protein, all bets are off in the immune system killing the pathogen. The former would be macro parasites such as cestoids, nematodes or trematodes. The latter would be a Lyme cyst hiding in a protein shell or taenia solium cyst in your brain. Then there are individuals with compromised immune systems.

Let me leave you with this interesting statement presented to me by a doctor trained in Egypt under the British medical system. "Don't come to ______ if you have an infectious disease".

[sherry35] 18/7/2020 02:58

Off Topic

Here is the source for the 4 HIV-1 insertion sequences in the COVID-19 virus.



Here are the remaining elements in the COV19 virus

hxxps://www.nytimes.com/interactive/2020/04/03/science/coronavirus-genome-bad-news-wrapped-in-protein.html

[kennyp52] 17/7/2020 17:50

The solution is already inside us sherry35 .. the incredible antibodies . From what I can see if your immune system is reasonably strong you survive this thing . Anyway ... SRB ... IMHO the Covid and production is already built in the share price and any positive from an RNS is likely to boost the share price straight back to 90. Good luck

[sherry35] 17/7/2020 17:32

Off topic.

tiger60 - I don't think there will ever be a reliable vaccine to combat C19. Given this virus is man made (in a CCP lab), I suspect virologists have a base platform and building blocks that promotes the ease of splicing DNA strands into a framework. This framework has cleavages that promotes the splicing. So, how stable are those spliced strains? Can they be replaced with another strain during its travels? Supposedly scientists in Iceland or Norway have catalogued a 142 strains of C19.

This isn't a slow naturally evolving virus drifting around the plant. C19 is engineered virus with unique ability to pick up DNA in a short period of time i.e. 142 mutations since Oct 2019. I obtained a DNA sequence of C19 back in January. It has 4 HIV DNA proteins in it. I wonder if these are the same DNA proteins patented by Dr. Fauci? Hmmmmmmm ...


hxxps://www.washingtonpost.com/science/2020/06/29/coronavirus-mutation-science/?arc404=true
hxxps://www.miamiherald.com/news/coronavirus/article244093332.html

I put zero faith in a vaccine that will protect us from 30, 40, 50 ... mutations of C19. By the time they release a vaccine after 3 phases of testing, C19 has already mutated again.

We are wasting millions of tax payer dollars on developing a vaccine for a moving target. We should be normalizing this down to common disease and treating with readily available drugs like the Trump game changer or

hxxps://www.newswest9.com/article/news/local/local-doctor-believes-he-has-found-silver-bullet-for-covid-19/513-8cd065d2-dbb5-4814-9cdd-5bb0dae77703

[tiger60] 17/7/2020 16:12

So what is your prediction for PNL post tax? Last quarter 0.77m - back it up

Cashflow is operating activities , Investing activities and financing activities starting with EBITDa or PNL and adding back depreciation tax etc. Cashflow positive maybe but pnl for the quarter after amortisation, depreciation, tax is going to be very skinny

[borisjohnsonshair] 17/7/2020 16:04

I've given you the maths - we will be way way in the black. P&L negative - you ate talking nonsense

[tiger60] 17/7/2020 15:24

I think we are at the pivot point. Gold back up to USD 1807. It is just will the price be enough to offset lost production. My concern is although they have factored in 8,000 for Qtr2 and 3 what is going to be different in Qtr4 and onwards? No vaccine will be in use this year and probably well into next so current production may become the norm.

Cash balance may be OK but expect PNL to be negative for qtr2 and 3 at predicted rates. However, any production figures over 8,000 or hints at alliance on future projects may be enough to push it back up.

[tiger60] 17/7/2020 11:31

Well i think the good news was there was no news today.

[borisjohnsonshair] 17/7/2020 11:20

When are the Q2 results out. I wonder if we've cleared all debt, paid down some of Coringa and raised our cash balance above US$10M. I expect so.

[sherry35] 16/7/2020 15:10

tightfist - May I suggest twitter.

[tightfist] 16/7/2020 14:21

Who would refer an investing colleague to this BB with the current standard of exchanges? Certainly not me.

IMO it doesn’t do any favours whatsoever to the Serabi proposition or the respectful manner in which SRB management conduct themselves.

I politely asked ~9 months ago for our two posters to desist - someone suggested an alternative ADVFN BB for people to squabble on. tightfist

[borisjohnsonshair] 16/7/2020 12:53

SRB chart has not forms tap and bucket shape, so it's relative power benchmark is oscillating. It's a 99.% accurate indicator of a 500% rise over a 735 day period. Nothing, including a nuclear war or gold dropping to be free can change the charts

[brasso3] 16/7/2020 10:36

tiger

Please do not mention PPC as it has been my worst investment (10 years in) and still torturing me today.

Luckily my gold investments have more than compensated for it. :)

Hopefully SRB will be one of many that are 50% - 100% returns in the next year(s).