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SRB Serabi Gold Plc

129.00
4.00 (3.20%)
10 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Serabi Gold Plc SRB London Ordinary Share
  Price Change Price Change % Share Price Last Trade
4.00 3.20% 129.00 16:35:14
Open Price Low Price High Price Close Price Previous Close
125.00 125.00 127.50 129.00 125.00
more quote information »
Industry Sector
MINING

Serabi Gold SRB Dividends History

No dividends issued between 10 Jan 2015 and 10 Jan 2025

Top Dividend Posts

Top Posts
Posted at 10/1/2025 04:17 by kennyp52
Altyn .. worth a look agreed but accumulated deficit means no dividends for years and is just another gold risk share on the AIM . SRB far better fundamentals and already proven guidance and expansion with the added confidence now of Palito back to very decent grades . No brainer .. keep buying SRB .. MCAP still ridiculously low for what could come through in next 12 months .

Old Soviet Union country also adds significant risk in the current environment
Posted at 10/1/2025 03:38 by busterhogdog
Another poster thinks a dividend going to be offered that should help what's your target price of Srb
Posted at 07/1/2025 12:54 by ypymytyc
Tig...

I don't believe I have mis-interpreted the issue.

The Coringa extraction allowance (from the mine) was 50ktpa and 50kpta (~Au6g/tonne) was freighted from Coringa to Palito for processing.
SRB applied to increased the 50ktpa to 100ktpa on the basis of using available processing capacity at Palito, maintaining employment and financing opening 'Meio' mine at Coringa. 100ktpa extraction was granted.
SRB installed the so called 'classifier plant' to enriched the 100ktpa ore ~Au6g/tonne to 50ktpa ~Au12g/tonne. Therefore, only 50ktpa ore ~Au12g/tonne needs to be freighted to Palito. So no change in the number of vehicles up the very busy BR163.

If as you say, the 100ktpa ore was post classification plant ore, then SRB should have applied for a 200ktpa ore extraction allowance and not 100ktpa.
Posted at 06/1/2025 15:13 by tightfist
Hi T; OK, let's try..... The Coringa mine has been operating under a Trial Licence for several years, which was extended in Jan 2024 to run until Jan 2027, and the construction of the classification plant permitted. The max allowable 50kt pa ore transport for Palito processing is being doubled, pending final environmental clearance..Meanwhile the Coringa full licence application process has been taking a seeming age. The now-required Indigenous Communities report in its final form was submitted in Autumn 2024, and SRB are now awaiting feedback from the authorities.. Meanwhile SRB are going full pace to expand the mine, commission the classification plant (now completed) and expand Au production..It's a question of investor judgement whether this constitutes a material risk......
Posted at 06/1/2025 13:26 by tightfist
Hi MWF, SRB has picked-up several 2025 tipsters selections that I have seen, and also several subscriber choices within Paul Scott. Interestingly none of the ones I read even mention the licence issue!?.Glad I am not the only one who got their fingers singed with AGL. It appeals to the softer side of me (potential breakthrough in combatting cancer) not solely the investment aspect..GLA, we need some good 2024 SRB production figures to continue the pace in the next two weeks.
Posted at 19/12/2024 10:41 by busterhogdog
Altyn gold should have commissioned full upgrade similar to SRB share price very undervalued compared to this company could be a golden opportunity to invest as news will happen in few weeks as production should be a lot higher following completion and profit much higher than SRB
Posted at 18/12/2024 20:42 by tightfist
Hi Kenny, I certainly hope so, it's been a long wait! I think in due course a non-recurring Special Dividend is a lot more likely, in view of the volatility of net cash flow (and PoG) and possible future Capex opportunities..It would certainly put SRB on more investor radar screens.
Posted at 18/12/2024 08:24 by zzfritzz
TF, I also welcome a balanced view of SRB but parroting the same issue over and over on this board is tedious to say the least. I suspect that most posters are fully aware that SRB has license issues that have dragged on for years. I hope to celebrate success when and if the licence is granted.
Posted at 17/12/2024 09:46 by goldgeezer
The body language is interesting. No dividend is coming but a merger / sell out of sorts is potentially, I speculate. Q1 is going to be interesting. Q2 SRB may not exist.
Posted at 07/12/2024 12:32 by mineinterests
We(wife & I)have been investors in SRB since 2007 when much more volatile and risky. Stuck with Serabi partly because IMHO board used cash wisely and didn't take on big debts. MH gave clear indications in presentation that there would be some spare cash around given growth in FCF. But likely 3 years on organic growth is going to need capital. Agree with tight... special dividend.

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