Serabi Gold Share Discussion Threads

[borisjohnsonshair] 12/9/2021 09:25

Tiger, ignore the two bitter posters. Yours are quality.

[tightfist] 12/9/2021 08:29

Au Contraire. Let's be ongoing patient, let's await the company's updates later this month and then we can resume and focus on a balanced R/R discussion regarding the COMPANY, its industry and its geography. Hopefully more regular constructive posters will re-emerge on what appears to be a very sound prospect, tightfist

[backinblack80] 12/9/2021 00:02

tiger60, wtf? Stop being silly.....

[oapknob1] 11/9/2021 22:20

BorisJohnstonesFud.

[tiger60] 11/9/2021 15:49

No great loss to the board but I am not posting here again.

[plat hunter] 11/9/2021 14:17

I'm afraid your biggest culprit for that behaviour is your beloved rampers. Is the new thread just going to be for facts whether popular or not, or just a new outlet to massage confirmation bias?

[loganair] 11/9/2021 13:47

To many threads on ADVFN are becoming more like social media where posters are just expressing their negative feelings towards others instead of putting forward information and reasoned arguments to engender discussion amongst other posters.

[tiger60] 11/9/2021 11:47

Can someone please open a new thread.

[borisjohnsonshair] 11/9/2021 10:46

It's only a bin man like you that thinks the senior staff need to be on dirty site! Fair play to them for handling COVID so well from home. It's only you that's checking Brazil's restrictions. I assume you've noticed the continuously nose diving active case numbers?

[trader465] 11/9/2021 10:46

If the departure country advises against travel to the destination country then it’s not possible to get travel insurance, what better excuse do they need to continue sitting in the pub?

The advice may remain in place for a very long time, will they manage to string out the holiday and free salaries for 2 years? 😆😂🤣

[plat hunter] 11/9/2021 10:27

"All but essential"

[oapknob1] 11/9/2021 10:02

Did the auditors make it?

[trader465] 11/9/2021 06:43

Hiya Boris - The FCDO has updated and advised against all but essential travel to the whole of Brazil. These muppets should have gone there while they had the chance, now they’ve a great excuse to continue sitting in the pub. They’ve not lifted a finger in 18 months 😂😂😂

“The FCDO advises against all but essential travel to the whole of Brazil based on the current assessment of COVID-19 risks”

[backinblack80] 10/9/2021 22:22

Yeah troll...so you keep saying..obviously, lol

[plat hunter] 10/9/2021 21:42

Just the latest of several other deadlines that have been and gone.

[borisjohnsonshair] 10/9/2021 21:00

Ok, so you've read, cut and pasted but not been able to understand it. Get a tracker fund.

[oapknob1] 10/9/2021 20:32

Ready in days - Short period of time. Well in advance of - 2 weeks before - 1 week before - Day before. ? Don't build expectation in the comms then. Might get a return to positive sentiment. The report is expected to be finalised in the next few days Following the issue of the Deloitte Report the Company's auditors require a short period of time to complete all their final audit and internal review procedures. The Company and the Company's auditors plan that the issue of the 2020 Annual report will be issued well in advance of the dates agreed with Companies House and AIM."

[borisjohnsonshair] 10/9/2021 18:40

Read the news and you'll understand the hold up. It's not complicated!!!

[tiger60] 10/9/2021 16:01

At an educated guess I would say next week looks good but temper your excitement for the release of the accounts as the details of the year end corrections and quarter four costs may drag down the numbers.

However, the 6 months financials for 2022 should give us a glimpse of better days ahead and as I posted earlier i would expect a revision to the annual production guidance upwards. Any corporate news would also be most welcome. i must admit patience is wearing thin, not so much related to the accounts, but the continued failure to build shareholder value.

[oapknob1] 10/9/2021 15:43

Forecast 33,000 - 36,000 for 2021. Anything closer to the 2022 target of 45,000 would be nice. Ave circa 5g/t ave now circa 7g/t. Frustrating they haven't got the accounts published. What's the hold up?

[golden prospect] 10/9/2021 12:16

Cash generating more than expected, a nice problem indeed.

Worth noting usd vs brazilian real was mostly under 4 before 2020

Has now been above 5 for the last 1.5 years, should help to drive costs down

[tightfist] 10/9/2021 12:04

Yes, it's not too often a company sort-of apologises for surplus cash generation......

[golden prospect] 10/9/2021 10:17

In the meantime, folks can reflect on a great foundation in the making.


"Cash balances at end of June 2021 were US$18.1 million with all debt obligations now repaid. Cash was higher than initially forecast partly because of higher gold sales in June than originally projected."


Debt free, cash generating and positioned for multi-asset production.