Serabi Gold Share Discussion Threads

[catsick] 13/11/2020 07:25

The good thing is that they are drawing very little of these loan notes, by generating cash and avoiding drawing down the horrible terms and dilution are avoided so a double win from decent results

[cotton4] 13/11/2020 07:19

Under the circumstances, an excellent set of results. Roll on 2021.

[tiger60] 13/11/2020 07:06

Pnl 3.7m that’s very good. That should lead to usd 12m for the year, just over GBP 9m against a current mkt cap of GBP 51m

[sherry35] 12/11/2020 19:54

kennyp52 - Nicely worded. It least one has come to realization that SRB's value is primarily determined by the Au in the ground in a buyout or good terms financing situations.

Article on ZH boasting $15,000 US Au oz. More lock-downs being imposed around the world (like Chicago) and Au just yawns on the further squeeze to the global economy. Why is that? Au goes down 4% plus on vaccine news but vaccine induced deaths or 4 month antibody duration no effect.

AU is down either due to decreased consumer demand (article I posted) or return to the gold standard in the near future.

[kennyp52] 12/11/2020 19:04

Na ne na ne naa naaa ... grow up you pathetic imbecile 🤣🤣🤣🤣9315;🤣

[kennyp52] 12/11/2020 18:48

Why ? Because I don’t want to wait fekin years of stress before this realises it’s true value Boris . That’s a why for you .

[tiger60] 12/11/2020 18:15

Coming from you that made me laugh

[borisjohnsonshair] 12/11/2020 18:10

Yes we can. We can afford a site closure. The share price will plummet but the company value won't change. Understand the difference between price & value Ffs

[tiger60] 12/11/2020 14:44

We really can't afford another perceived slip up. Hopefully accompanying the figures will be a narrative on next steps.

[trader536] 12/11/2020 12:03

Wow look at this tanking again today, you should have got out when I posted the bearish chart, you never learn you Mong

[borisjohnsonshair] 12/11/2020 11:52

SRB making money you clown. GRL is typical jam tomorrow con. More get rich quick clowns jumped into today because they didn't realise the news was bad!! Like you moron.

[trader536] 12/11/2020 11:24

GRL up SRB down AGAIN!

Bend over ready for your shafting on 2020 full year financials, you have been warned. WOOF, WOOF 🦮

[tiger60] 12/11/2020 11:14

Seems interest is taking a dip at the moment but gold will bounce back.

What do people see as acceptable PNL for Qtr 3 $2.5m? PNL for H1 (without reference back) I believe is circa $4m. If we can match qtr 3 numbers (approx 3.4M) for Qtr 4 we could see PNL of $10m for the year. A healthy £7.6m.

I think people forget that gold at $1850 is still great news for producers. 2021 could see PNL at circa £12m+ on a conservative basis. If they hit 42000 - 45,000 range then way passed that based on $1850 (although expenditure will rise in 2021 which will impact retained PNL - to what degree will become clearer upon future based statements in the accounts)

[borisjohnsonshair] 12/11/2020 09:02

He's a tit. Says MH takes salary to stay at home, ignoring the tremendous operation he's running under difficult conditions. Production, exploration, licensing and acquisition. His mug punter mob are at home doing nothing - can't even get a license. They just take on debt to cover salaries. LOSER

[sherry35] 10/11/2020 19:04

All - I find it amazing that the POG can be whacked 4% or more on positive vaccine news but when trial testing is halted due to a death (like Brazil), POG trades sideways.

If Biden's foreseen presidency is approved by the courts, the deep state and the US military industrial machine will be ramping up for a war. The question is where? Will Au respond the same way it has in the past?

This market is so corrupt that 5 decades of trend history seems to flying out the window.

On a C19 aside. Dr Deborah Birx announced in March 2020, during a White House C19 Task Force press conference, the >> aerosol << half life of C19 is "1 hour and 10 minutes". This was stated on live streamed Internet and TV. This is first 50% decay - what about the rest. Anyways, Canada health Minister Tam started talking about it two days on Global or CTV news. All I can say is: 1) Dah 2) 50% of the advanced countries will be vaccinated by year end by breathing in the virus.

Canada spent a $1B (US?) on vaccines, with several pharmas, of which most of the funds (80% ?) are non-refundable.

[tightfist] 10/11/2020 13:09

Hi Cotton, thanks for your commentary a few days ago. I havnt noted any SRB commentary on (1) the status/finishing of construction of the enlarged camp and restoration of full manpower. Instead we had an (2) explanation about reduced mining faces and sub-optimal grade control - are they in reality two ends of the same piece of rope?.Given the softening of near-term production aspirations is one to conclude that (1) is still running behind schedule?.I take the point that the gold is still in the ground - but we want cash in our bank account to fully-fund Coringa M&E and accelerated exploration!.Financials and hopefully operating update any day now, tightfist

[cotton4] 10/11/2020 09:45

Financials tomorrow ?

[borisjohnsonshair] 10/11/2020 08:20

Gold flying back. The worlds issues aren't resolved!!