Serabi Gold Share Discussion Threads

[plat hunter] 10/6/2021 16:40

Amazing foresight Boris lol

[borisjohnsonshair] 10/6/2021 16:35

I did sell 50% at 73. Getting ready to buy back. Crack on you spineless boring coward.

[trader536] 10/6/2021 16:20

Boris my good mate - I no longer give financial advice as I lost my FCA licence shortly before I lost my driving licence for smoking thought provoking substances.

Rather than give you "advice", I did "suggest" you sell this dog in the 70's, remember?

63p to sell now, 50p coming?

[tiger60] 10/6/2021 15:35

Just like the cricket a mini collapse

[golden prospect] 10/6/2021 09:27

t60, enjoy your days with the sports; nothing much going on here.

[tiger60] 10/6/2021 09:26

GP you are right.

I was going to put something together later in the week but the Euros are starting tomorrow and the cricket today...a welcome diversion from SRB.

[oapknob1] 10/6/2021 09:16

T60 Can someone ask where these accounts are? Have they got the missing money back?:-)

[golden prospect] 10/6/2021 09:10

t60 - "Not necessarily true"

Are you joking t60 ? Q4 financials are only through Y/E accounts.
Kindly let me know if you can find an exception.

[tiger60] 10/6/2021 09:03

Not necessarily true but too much argument on this board atm.

Anyway lets hope the accounts come out and we can put this behind us.

Anyone drafting any questions to be raised at the AGM?

[cotton4] 10/6/2021 08:49

If we had qtr4 for last year then we would have accounts for 2020.

[tiger60] 10/6/2021 08:42

'The accounts are a picture of the companies finances at a point in time.'
True of the balance sheet but not the PnL.

Did we get the financials for Qtr4? I don't think so but happy to be corrected so there are elements of last years figures that are unknown

[cotton4] 10/6/2021 08:27

The accounts are a picture of the companies finances at a point in time. Since ye 2020 we have been told that there will be no significant adjustment to the accounts and there is no black hole regarding cash, with bank balances fully reconciled.
What we do know for the first qtr is the pog is higher than 2020 and the real has moved in our favour. Full workforce on site and exploration continuing at pace.
IMO the uncertainty is being exploited by elements within the market, given the volumes being traded. There have been no rns's regarding major holders so I presume they are content to wait. The warrants were taken. It is unfortunately a waiting game (again). The share price may fall further due to stop losses being triggered but this company is making money and higher than it was at this time last year.

[imastu pidgitaswell] 10/6/2021 08:25

I'll come back to this when we have some facts - it's a waste of time until then.

This is a small part of my portfolio and I'm not wasting more time on this when the other person isn't listening. But I will come back to it.

[plat hunter] 10/6/2021 08:20

Stu anyone who understands what a moving average is can see the average pog for any period they want. Try me, give me any time period and I'll post the average pog up in a chart.Obsessed, probably but it's the safest way to be as you're finding out the expensive way currently.

[imastu pidgitaswell] 10/6/2021 08:06

Plat - you appear to be an obsessive, with no pragmatism or real world awareness of complexity and detail, and seek to extrapolate every element of uncertainty into something fundamental - "you don't even know what the price of gold is for the last 6 months" = (despite me saying it's within $10 or so, so good enough - we haven't got to the 30th June yet, so the most accurate ytd possible would still only be an estimate, duh) I'm lying about being a chartered accountant for over 30 years - only a binary view at all times. And a desire to inflict your opinion regardless.

As and when they publish them this will (I think they will, you don't - we disagree, OK?) all be shown to be a waste of time - an opportunity for some, maybe. It could be you...

You don't even hold these. Chill out, eh?

[plat hunter] 10/6/2021 07:50

Stu, you are very wrong.. Tell me why it's a requirement for companies with revenue greater than 15 million or publicly listed to submit AUDITED accounts?You don't even know what the average pog was for the last 6 months, so how do you know what the accounts are going to say without having your hand held?Are you locked in and feeling the pinch or something stu?

[imastu pidgitaswell] 10/6/2021 07:45

Read back what I said.

Compliance and regulatory purposes require them clearly. No accounts equals no listing equals no ability to trade the shares but as I said before that suspension can be lifted and with no impact on the future share price of the company. And I havegiven a recent example of where that has happened.

What I’m saying is they won’t tell you much information that’s not already out in the public domain, and that a number of significant events have occurred since which fundamentally change the financial position.

You really have to try to read what someone has said rather than what you want them to have said to fit your argument.

Right back later And let’s just leave it there shall we? You’re right And I’m wrong

[imastu pidgitaswell] 10/6/2021 07:34

Look I’m not doing a big debate about how important the accounts are or are not it just wastes time and you never accept anything anyone else says. Refusing to accept what people said was what they said, even though it’s still there.

Let’s just say you’re right I’m wrong and we can all be happy

[plat hunter] 10/6/2021 07:34

Even if they manage to post these accounts in time and avoid a suspension, just how much respect for MH & CH will the market have?

[imastu pidgitaswell] 10/6/2021 07:31

I’ve never bothered to research what you can do although I suppose let’s face it it would be about 160 at the moment.

Point is it’s out by a maximum of what $10 so makes no difference

Currently cooling down after today’s early morning waddle, so not paying much attention

[plat hunter] 10/6/2021 07:30

You're really living up to your name stu...You literally know nothing as the accounts can't be verified.The accounts don't report on the past, the confirm the last as true and accurate. Something this company can't do."Erm, no.The accounts, er, account for what happened in the 12 months to 31st December.We know what happened - we know the production, the costs, the cashflow and the cash position. And we know of significant change since then, including more cashflow and a placing. The accounts, when they do bloody appear, are the past.We do indeed need the accounts, for obvious regulatory and compliance reasons - but not because of hope or ambition. They just report on the past."

[plat hunter] 10/6/2021 07:27

Stu, why not just put a moving average indicator on the pog chart with a length of 180?No guessing required.

[trader536] 10/6/2021 07:21

Another day passes with silence from Donald Duck and Goofy

Tick tock