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 Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 58.50p 57.00p 60.00p 58.50p 58.50p 58.50p 28,673 07:37:37
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 33.9 -3.8 -8.8 - 34.00

Serabi Gold Share Discussion Threads

Showing 7501 to 7522 of 7875 messages
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DateSubjectAuthorDiscuss
08/6/2019
13:14
Hi gregpeck7,IMHO the ore sorter may become a game-changer. A cost reduction of 50USD/Oz would be worth about $2-3m pa; if alternatively it can increase gold production from increased Palito ore throughput by, IMO, 10k Oz pa with only the incremental cost of mining, it would be worth ~$12m pa from my calcs.Is anyone else going to the London AGM next Friday afternoon? Hopefully the Coringa PEA and funding proposal will precede.....Cheers, tightfist
tightfist
08/6/2019
12:05
On this market and this stock we are AHEAD of the curve.. People are just starting to adjust to gold stocks, many are bombed out.. Gold has not been the place to be last 5 years or more.. It is now.. Agile investors moving now will reap the biggest returns... The herd will come, I do not see a "bad" scenario for gold at the moment, I think it will enter a 1350 - 1450 trading range.. Possibly higher... This will transform the likes of SRB on its own... Throw in a ramp up to 100,000 ounces , an ore sorter lowering costs by 50 USD a tonne and a Coringa PEA thats imminent and this is the place to be... I will be adding Monday... I think / hope next week this breaks (and holds) above 50.... I think all gold shares will do well, this one particularly so... Can see a pound here before the year is out.
gregpeck7
08/6/2019
10:00
This seems like another which is going crazy! With market conditions right and a company in good shape it's easy to make money preferably get in at the bottom. This has just moved across the 200 day moving average on big volume. 70% increase in revenue and profits is all I look for now at the financials. Yahoo, MSM and Investing.com has a screener to find them.
mrfixituk
07/6/2019
22:14
In terms of time, we may be in the longest economic growth/expansion in history however it has been such shallow, low, weak growth the actual growth/expansion in percentage terms has been over 50% less, less real GDP, less industrial production, less real income growth then in other shorter periods of growth/expansion. And to get this less growth/expansion the major central banks have had to slash their interest rates down to around ZERO and print trillions of dollars in QE. In the next down turn I can see interest rates needing to be cut/slashed to at least -1%, leaving a huge negative real interest rates with absolutely ginormous amounts of QE and money printing that will debase the value of money even further. As gold is a maintainer of wealth means that the price of gold will rise significantly....well, my thoughts any way...
loganair
07/6/2019
19:01
That kind of strong performance today bodes well for Monday. The economics here make more and more sense. After this rise still so very cheap and got a long way to catch up. If operations push on then the differential is greater still.
ironstorm
07/6/2019
15:59
If non-farm payrolls are poor will mean a higher liklihood of the FED reducing interest rates to produce negative real interest rates which is very positve for the price of gold.
loganair
07/6/2019
15:30
Gold up almost 12 usd now. Non farm payrolls not looking good.
gregpeck7
07/6/2019
13:44
Gold in the local Brazilian currency is down.
loganair
07/6/2019
13:32
Gold up another 8 dollars now. No stopping it.
gregpeck7
07/6/2019
13:19
Also gold looks to be trending higher.. up another 2 usd as I type. Which changes everything...
gregpeck7
07/6/2019
12:34
It seems to me when Serabi share price was trading at between 30p & 40p was correct for this year. Now we're halfway through the year the market is able to start to look at next years forecast earnings which means initially trading around 60p to 70p the lower end of revenue multipuls. When there is more insight to the 2020 earnings then the share price will be able to trade accordingly.
loganair
07/6/2019
12:20
Thanks for that mate.. and with a rising gold price... and with their costs dropping after bringing the ore sorter online... it does look like volume and interest is finally coming here.
gregpeck7
07/6/2019
11:56
It seems to me the average multipul for gold miners is around 6x earnings per share, for a growing miner is around 8x. Year ending with forecast earnings per share/price per share at 6x & 8x earnings: 2019 - 04.5p = 27p/36p 2020 - 11.2p = 67p/90p 2021 - 15.7p = 94p/125p
loganair
07/6/2019
11:46
Indeed.. this was 120p 18 ish months ago... development has continued and this is finally coming into focus as a vastly undervalued miner.
gregpeck7
07/6/2019
11:43
SRB are doing what Trans Siberian Gold (TSG) did about a month ago. A very undervalued gold miner that suddenly took off and doubled in price in just a week. By 2021 SRB will be in a position to start paying a dividend.
loganair
07/6/2019
11:04
Or it could be just a good old pump and dump
curlly
07/6/2019
11:02
We need to crunch the numbers for 100,000 ounces with gold in a 1350 to 1400 per ounce range.
gregpeck7
07/6/2019
11:00
Sell 10k at 51.5 buy 5k at 52.1. Just rang through and got a shock as was going to buy but not after 40% rise will sit and wait.
cinoib
07/6/2019
10:59
To be honest this has been brewing a while, steady production, improving gold price, Coringa online date getting closer. Where else can you get a 100,000 gold ounce production company with a mkt cap of 25m. This has been much higher in the past with much less done. Is Coringa pea in the post??
gregpeck7
07/6/2019
10:57
We never move like this is something up?
curlly
07/6/2019
10:55
Ill sell some of mine at 100p
gregpeck7
07/6/2019
10:44
Large buys showing up from earlier as sells... got to love the mm's
gregpeck7
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