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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 Shares Traded Last Trade
  3.00 4.65% 67.50 153,855 12:35:15
Bid Price Offer Price High Price Low Price Open Price
67.00 68.00 67.50 64.50 64.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores USD 58.71M USD -983k USD -0.0130 -51.92 51.12M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:33:13 O 10,000 68.00 GBX

Serabi Gold (SRB) Latest News (1)

Serabi Gold (SRB) Discussions and Chat

Serabi Gold (SRB) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-03-28 16:33:1468.0010,0006,800.00O
2024-03-28 16:27:3667.413,7612,535.29O
2024-03-28 16:00:3768.006,0004,080.00O
2024-03-28 15:57:5268.006,0004,080.00O
2024-03-28 15:37:5467.005,0003,350.00O

Serabi Gold (SRB) Top Chat Posts

Top Posts
Posted at 29/3/2024 08:20 by Serabi Gold Daily Update
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.
Serabi Gold currently has 75,734,551 shares in issue. The market capitalisation of Serabi Gold is £51,120,822.
Serabi Gold has a price to earnings ratio (PE ratio) of -51.92.
This morning SRB shares opened at 64.50p
Posted at 14/3/2024 10:02 by kennyp52
Just asking Boris .. did your alarm go off in 2020 ? Near 100% accurate eh ? …

BorisJohnsonsHair - 28 Aug 2020 - 06:58:41 - 365 of 8818 Serabi Gold - SRB
On subject of dividends. When Coringa at 38,000 the FCF will be US$70M annually assuming $850 / ounce after AISC and 86,000 output total. They could easily issue a 25% dividend based on today’s share price. The share price won’t stay at these levels however the dividend for shares brought lower than 100p will still represent this level of yield. HAPPY DAYS. The future is sooo bright. The above ignores the mega game changing exploration. SRB a US$1B company = £13.2 share price. My previous estimates of 500p are too cautious.

If you was 97% accurate you would have bought your own island by now next to Branson .. but you are not are you ? Probably just a fantasy trader , lost so much in the past you get desperate to win when you actually invest in a share ? Desperate Dan is a better avatar for you .. although Boris Johnson is a serial liar .. so maybe that’s why you chose it ?
Posted at 13/3/2024 12:39 by jj119
I think there is a risk of missing the key point here. In the absence of fraud or delusion sold ounces should grow materially once the ore sorter is operational. Meanwhile the house broker Peel Hunt has the shares trading on sub 2x 2025 EBITDA based off a $1650 gold price in that year. If the gold price holds at $2150 EBITDA will be more than double that leaning the shares on less than 1x. I always aim off management guidance particularly for AIM listed stocks but based on those figures there doesn't appear to be much hope in the shares at this point in time . So always risks of being wrong - absolutely - always the risk of being defrauded or caught out by regulatory mis steps or by some unexpected macro event. However risk reward looks good to me. Good luck all . Do your own research .
Posted at 12/3/2024 14:48 by ppvn
This talk of dividends is nice but think there may be a few hurdles to cross first!

The move into OTCQX is curious - fine the TSX listing was a legacy but why the focus on an IR function now? And into the US as opposed to Canada which by all accounts is where Mike claims to be more interested in M&A?

Greenstone have some interesting previous investments and obviously have considerable expertise in the space but it does all seem rather odd at this juncture to me. But then I guess it will until anything could and might happen I suppose. By paying a dividend serabi would allow more funds to invest (if they chose to!) - some are limited to dividend paying stocks. Also noted a lot of ESG focus on their new website.

Share price still rotten here but getting a little more palatable I suppose! Maybe some life in the old dog yet.
Posted at 12/3/2024 09:54 by loganair
I'm still sticking by my posts of late 2023 seeing gold reach between $2,300 and $2,500 during 2024 and Serabi share price of 100p as I thought at the time and still think these are reasonable goals to reach.
Posted at 05/3/2024 12:31 by jj119
To be fair to Boris, the overall bull case painted (60k ounces), $2500 gold price and a significantly lower AISC is possible albeit we may not all agree on exact assumptions or the resultant share price . Let's face it none of us would be in this without the chance of spectacular returns . If it doesn't happen in a certain time frame it doesn't mean it won't or that the initial scenario was dreamt up without foundation . Credit where credit is due . Play nice all and best of luck
Posted at 02/2/2024 16:33 by kennyp52
Boris …


BorisJohnsonsHair - 08 Dec 2021 - 18:33:30 - 4517 of 8641 Serabi Gold - SRB
Why would I care if they drop to 60p. All I’ve done is buy more with drops

BorisJohnsonsHair - 02 Dec 2021 - 08:31:47 - 4484 of 8641 Serabi Gold - SRB
Cost of expansion. This is a means to an end time for sure but in 18 months 90,000 ounces - do the math and remember zero increase in admin costs, so the AISC will drop through the floor. All falling into place very nicely. Don’t follow the price, markets get them wrong. 2023.

This is funny ..


BorisJohnsonsHair - 13 Oct 2021 - 08:29:27 - 4141 of 8641 Serabi Gold - SRB
My valuations are perfect. I had them verified by the Institute of Investment. The market is wrong but will correct. It’s my unique skill at identifying these misnomers that has made me mega wealthy and the most respected poster. I’m published. Read my book.

🤣


BorisJohnsonsHair - 12 Oct 2021 - 15:25:33 - 4132 of 8641 Serabi Gold - SRB
Last time ever under 70p. Soon be 200p

BorisJohnsonsHair - 04 Aug 2020 - 07:14:15 - 32 of 4135 Serabi Gold - SRB
Very good news. The CLN extension lines up with the date Coringa will be fully paid off with free cash flow. US$9.5M to go. If the cash generation continues as is, we will also have adequate funds to pay for the mine development. What an awesome steady ship in rough seas. Fantastic. The future is great and not that far away. Stupid MCAP ....... under the radar and must rerate. 200p min, 500p in 24 months.

BorisJohnsonsHair - 18 Nov 2020 - 14:21:21 - 1162 of 4135 Serabi Gold - SRB
This should be between 300-500p in 11-12 months. Maybe £10.

Cant undo what you have posted Boris .. try and spin your way out of these comments .. you can’t .. you could not have called it more wrong you plank
Posted at 06/1/2024 18:51 by trader465
I think the licence is in the bag, we’ll have a share price run up to financials in May. Full year financials are going to be good, look at the nine month figs and look at the recent gold price

Cash held at 30 September 2023 of US$15.4 million

Post tax profit for the nine month period of US$4.62 million

Average gold price of US$1,940 per ounce received
Posted at 22/12/2023 12:07 by loganair
The Smart money never buys at the 52 week high, they wait for the 52 week low then as the share price starts to rise that's when they're in.

The Smart money has far better information and knowledge about companies and therefore they often know why the share price of a company has fallen whereas when the private retail investors buys at the low, they doing so not out of knowledge rather just that the share price is at its low.
Posted at 06/12/2023 09:51 by loganair
Once Serabi is issued with a full licence for Coringa could easily see a doubling of the share price in short order...the question is will Serabi be issued with said licence...it seems to me reasonable to say there is more than a 50/50 it will be issued...however there is still uncertainty about the licence for Coringa hence the current abysmal share price.
Posted at 27/11/2023 17:05 by tightfist
Yes, in the past I have reduced SRB and added to GDX/GDXJ. When one is on the way down the other is on the way up - why not! History indicates there is often a pronounced phase lag between Mega-cap and Junior miners share price upwards movements.
Serabi Gold share price data is direct from the London Stock Exchange

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