Serabi Gold Share Discussion Threads

[trader465] 17/4/2024 14:52

Boris my lover, I can’t find the link to the alleged interview in the RNS, can you post it up so myself and others with my low IQ level can find it? Thanks hunny x

[kennyp52] 17/4/2024 10:10

Boris .. don’t knock it til you try it you ignorant pig 🐷 🤣🤣🤣🤣

[borisjohnsonshair] 17/4/2024 10:06

Lidl pies for dinner. I believe you had ultra highly processed food during your brain development years. Poor you.

[kennyp52] 17/4/2024 10:03

Our Strategy

Double production to 60,000koz pa Au by end 2025.

Become a 100-200koz pa Au producer within 3-5 years by:

leveraging our extensive exploration portfolio
capitalising on management’s proven track record of successfully developing and operating mines in Brazil
engaging in strategic M&A

[kennyp52] 17/4/2024 10:01

Still holding production down imho .. need the transformational sorter .. ohh .. we have 1 of those don’t we ? Wonder if it is in use whilst the 2nd is on its way ? Where is the original ore sorter .. anyone ?

70p incoming on that RNS regardless

[borisjohnsonshair] 17/4/2024 09:55

You clearly need help reading

[bsg] 17/4/2024 09:01

With the Au price so high, if it remains, SRB are going to do OK by mistake.

[tiger60] 17/4/2024 08:54

‘MH said’ versus MH does are not the same. Time and time again those videos suck people in. Go through them all from years back and try not to laugh.

[bsg] 17/4/2024 08:43

They don't give a toss as they're making a handsome living out of it all.

[borisjohnsonshair] 17/4/2024 08:42

They'll not report that in a production update. It comes with the financials. The increase in FCF is financing exploration - FOR FREE.

[loganair] 17/4/2024 08:40

As per usual, it is what is left out of the update that's most probably more important then what the company put in their update.

[borisjohnsonshair] 17/4/2024 08:39

The production will increase significantly. MH said 9k, 9k, 10k and 10k. I'd imagine Q4 could exceed 10k. Listen to the Crux video.The additional FCF is being used for mine development and brown field exploration. This is a Gold Producer that's self financing a Gold Explorer. By mid 2025 they'll hopefully have a discovery and self finance a third production site. As things stand we could jump from 2026 60k production to 85k without debt or dilution. Watch the video

[tiger60] 17/4/2024 08:35

Not sure investors read the same report as I did. This deserves a red day.

But huge congratulations to the brave that got in at the 20 level. Obviously the gold price had a huge impact and I think the spike on the trial licence extension was mistaken by some as the license SRB have been yearning for for years.

If you pro rata the 9,000 and consider the fourth quarter is a short one then you still need a lot of faith that even lower end of target will be hit.

Is the stagnant cash balance a sign of continuing high AISC or just investment. Expecting a big win there that didn’t come

Going to call a top here but then again I didnt trust the management to get it this far so what do I know. Although as I said more about the gold price than anything they did directly.

[bsg] 17/4/2024 08:33

They haven't reported AISC (it's in the glossary) I reckon that's shot up as they've taken their eye off the ball as gold is so high.

[loganair] 17/4/2024 08:25

Considering the average price of gold is some $120 higher then it was 6 months ago and with more gold being mined, I would have thought the cash currently held would have been a couple of million USD higher then being reported.

[rachael777] 17/4/2024 08:25

A small amount of credibility restored just hitting the low end of output estimates so happy to continue to hold here with gold price at elevated levels - you would be mad not to lol

[borisjohnsonshair] 17/4/2024 08:09

Drop way over done. With Vale deal explained we can rise above and beyond 70p.

[borisjohnsonshair] 17/4/2024 07:42

Total production on guidance and due to jump in Q3. Palito isn't the priority so its performance isn't a concern. They are building a massive pile of gold rubble to sort at the end of Q3/4. This will make profitability skyrocket

[golden prospect] 17/4/2024 07:39

It's disappointing to see the grades at palito as reported in Q4 persist for Q1. Clearly missing the great cashflow, so results are not great.

[borisjohnsonshair] 17/4/2024 07:35

A much more encouraging interview, including details of Vale's exit. A credible plan for 2024 and transformational 2025.