Serabi Gold Share Discussion Threads

[homebrewruss] 19/11/2019 06:41

Interview with Nicholas Banados, Managing Director of Megeve Investments and Investor of Serabi Gold (starts talking about Serabi specifically from about 4:30)

Good summary beneath the video

[homebrewruss] 19/11/2019 06:37

Interview with Nicholas Banados, Managing Director of Megeve Investments and Investor of Serabi Gold (starts talking about Serabi specifically from about 4:30)

[borisjohnsonshair] 18/11/2019 11:17

That's fine. Each to his own. Good luck, with your thing.

[tightfist] 18/11/2019 11:14

Serabi is IMO a good bet, and the fundamental outlook is especially useful when PoG is looking weak. But please spare me the profanities, they are not my scene. Thanks.

[tightfist] 18/11/2019 11:02

Unless here is an intraday recovery the chart is starting to look ugly..... it's at times like this it is helpful to IMO have a positive view of management....

[qs99] 18/11/2019 10:12

big old drop?

[trader365] 15/11/2019 15:07

More daily drivel, yawn

[borisjohnsonshair] 14/11/2019 11:14

Price stuck and trade non existent

[borisjohnsonshair] 14/11/2019 11:13

Yes, unfortunately they clearly don't have much credibility or readers.

[ppvn] 14/11/2019 11:08

Just noticed Peel Hunt further upped their target now to 180p.

That's before any exploration upside...

[borisjohnsonshair] 13/11/2019 16:36

Probably right but regardless in two years Coringa will be in production and the AISC will start to head down to below US$900. Even if gold dropped to US$1,200 we'd still clear US$300 / ounce. At full production of 100,000 a year, so FCF US$30M. Current MCAP US$60M. PE of 2! Somethings wrong......oh yeah, the price. This values all the exploration at ZERO.

[loganair] 13/11/2019 15:02

Jim Mellon - Wonderful opportunities abound today, in new industries including climate change, agritech and of course “Juvenescence”-style industries. Short term though, the world faces a big unravelling of debt and probably much higher inflation. In that context, gold and related investments are bankers.

[tightfist] 13/11/2019 14:46

IIRC it seems they want to progress quite quickly with initial drilling in the vicinity of SC. Before that drilling commences I expect to see some directional geo-physics results before Xmas, maybe even this month?.However, MH has now raised the prospect of a possible move towards farming-in of a resource-heavy major at the Anomalies. If they want to bundle-up communications then maybe my timescales will get wound back and SRB cash re-directed to fund Coringa Capex?.All thoughts welcome! tightfist

[trader365] 13/11/2019 14:39

Leave the drink alone tit

[tightfist] 13/11/2019 12:53

Hi Loganair,Regarding AISC it is rather frustrating that it has seemingly not reduced in accordance with the background of BRL weakness; I see the company figures but according to my eyeballed data the BRL/USD has weakened ~7% (3.65 average for 2018 FY vs. 3.91 for 2019 YTD) and we are told 85% of costs are in BRL...... I understand there are pretty tight mining-specific laws in Brasil that are quite restrictive on shift working practices, at least for the time being. So options are for change are limited, but at least we should see some currency and operational gearing benefits?It's good to see positive steps ARE being taken that are under the immediate control of the company; firstly the Ore Sorter (that should both reduce AISC and whilst enabling increased production) and secondly Coringa with its considerable dilution of the largely fixed MG&A elements.However, I do note that whilst MH seems to be ever more positive on the ultimate promise of the OS, the timing does seem to be be frustrating him and is being eased back. Q1 2020 now seems to have become the indicative on-line date?Still lots to like!, tightfist

[borisjohnsonshair] 12/11/2019 07:20

Wise words

[backinblack80] 11/11/2019 21:53

BJH, you could stop responding to the troll that is clearly here to trigger you and subsequently ruin this thread. So far, it would appear that it's winning......it's understandable, but, if you would just ignore the troll it is defeated..have a think...