Serabi Gold Share Discussion Threads

[farrugia] 21/12/2021 09:26

i think what they said is that existing mine concessions are safe but no more new licences in the region will be granted until they get an okay from 'the completion of an indigenous impact study'

[cotton4] 21/12/2021 09:18

So shall we get an EGM statement tomorrow? If so, perhaps add expected production for this Qtr and projected end of year cash.

[borisjohnsonshair] 21/12/2021 09:14

Yes still on programme. Mid 2022 was always the timeframe post covid. 2023 the production will grow from 40,000 to 80,000, AISC dropping to USD1k, so potentially USD80M profit - way higher than the existing MCAP and only a year away!!!!

[tiger60] 21/12/2021 08:48

I think the pertinent point is the last sentence ‘middle of 2022’. Now compare that back to previous statements.

[borisjohnsonshair] 21/12/2021 08:35

Sounds like a load of nothing to me!!! Created an incredible buying opportunity

[imastu pidgitaswell] 21/12/2021 08:19

And will they answer my question at the EGM tomorrow?




It's like an incompetent version of EastEnders...

[imastu pidgitaswell] 21/12/2021 08:17

"Staying with Coringa, on 6 December we were subject to informal news in Brazil, that suggested the granting of future licenses at our Coringa project would be dependent upon the completion of an indigenous impact study. I can confirm that today all current licenses are valid and in good standing, and it remains very much business as usual at Coringa, with the mine under development. Contrary to the news reports we are advised that a formal decision by all three judges that are considering the matter has yet to be made and to date all prior court hearings have suggested an indigenous impact study will not be required. Nonetheless following meetings with the regulatory authorities and the indigenous communities during the third quarter of 2021, Serabi undertook to voluntarily initiate a study to assist the regulatory authorities with their consideration of the Installation Licence application. We therefore do not expect these reported matters to adversely impact the granting of the Installation Licence and are still planning to commence construction of the Coringa processing plant in the middle of 2022.""

So wtf was the previous RNS about?

[trader465] 20/12/2021 08:39

Good afternoon from the sunny land of smiles Boris, it’s 30 degrees here today, scorchoi my good friend 🏝

I see these are closing in on my 40p target, hopefully I’ll join you here sometime in Q1 2022. Meanwhile DM me if you want to earn some money, I need my shoes cleaned for a Christmas party tonight 👍

[trader465] 17/12/2021 17:35

The share price here is down around 50% since last Christmas, Boris has been well and truly shafted, he must have a hell of a sore bum.

If you lose 50% you need to make a huge 100% to get back to B/E, if you cut a loss at 10% you only need to make 11% to get back to B/E.

It’s a shame Boris isn’t smart enough to realise how compound percentage works. Perhaps he should go back to school and re-sit his eleven-plus

[trader465] 17/12/2021 12:15

Boris - save your special needs payments in your piggy bank until SRB hits 40p 👍

[borisjohnsonshair] 17/12/2021 11:43

You are clueless. No license issue with the open pit mines, currently being discussed with the big boys. Valued at around USD500M to USD1B. Nice Xmas present todays price for the wise and very sad for nervous amateur investors who panic. Separate the men from the boys. I'm buying nest week as funds become available.

[charlie9038] 14/12/2021 20:58

So did I.
Thanks

[trader465] 14/12/2021 03:45

He’s not 😜

[sherry35] 14/12/2021 03:23

BJH - You need to treat trader465 like one of TA indicators. He seems to appear just before the run in the share price trader465 demotes the stock to shake out shares from weak hands and keep new investors away. trader465 is scooping up loose shareswith his butterfly net.

You're much smarter than this.

[trader465] 13/12/2021 15:00

I’m excitedly waiting for Santa to bring me 40p SRB shares