Serabi Gold Share Discussion Threads

[sherry35] 23/12/2021 01:49

tightfist - "the executives will be redeemed" -> you are kidding. The dynamic duo have the BOD in their back pockets. IT IS OBVIOUS given the bonuses.

Coringa first pour is Q1 2024 knowing the unique delivery skills of the duo.

[tightfist] 22/12/2021 22:33

Yes - I too find it surprising, disappointing and concerning. In the fullness of time, hopefully those interested in the future of the company will re-emerge and the executives will be redeemed - but it's going to take time and on-target delivery.

[trader465] 22/12/2021 16:46

“As this matter is the subject of continuing legal proceedings in Brazil, the Company has been unable to interview the individuals who received these advances”

Surely these individuals would have been interviewed by the company prior to the commencement of any legal proceedings?

[borisjohnsonshair] 22/12/2021 16:37

This is history. Move on

[imastu pidgitaswell] 22/12/2021 16:15

Thanks for that.

Relating to the two apparently contradictory RNSs, the question was about the discrepancy between them:


The first RNS, dated 27th August 2021, states, very specifically, after noting “[Deloitte] identified a total of approximately US$340,000 of cash” that: “[Deloitte] have not identified any further instances of irregular cash withdrawals or other material transactions of an unusual nature”

The second RNS, dated 27th September 2021 then notes the specific instances of $904,000 and $510,000, noting that they represent ‘irregularities’. These were not previously disclosed or reported anywhere.



Mmmm. Bit of a fudged answer, tbh. None of the individual years was sufficiently material, but over 6 years it was.

Only 1 question - they will have been delighted...

Options all round and onwards, in time-honoured fashion...

[tiger60] 22/12/2021 15:48

One question from holders? With a target as big as a barn door. Very surprised

[borisjohnsonshair] 22/12/2021 15:03

Sick head. It's cash is more than that

[imnotspartacus] 22/12/2021 14:51

25p bottom anybody!

[zzfritzz] 22/12/2021 13:41

Anybody at the EGM? Be good to know what’s on the Agenda.

[trader465] 22/12/2021 10:34

Boris - ask your special needs carer to read it to you 👍

[imastu pidgitaswell] 22/12/2021 10:28

Read the second link, duh...

[borisjohnsonshair] 22/12/2021 10:08

Next lie PLA - Covid shut down, check, suspension check, management remote check,..... license suspension ha ha.

[borisjohnsonshair] 22/12/2021 09:58

What was your question?

[imastu pidgitaswell] 22/12/2021 09:12

But in accordance with their instructions, I sent it in to the nominated email address - so there is no excuse...



"The Board wants to ensure that Shareholders have an opportunity to engage with the Company and the Board. Accordingly, Shareholders are encouraged to submit questions in advance of the Meeting by emailing [e-mail] and including "EGM 2021" in the subject line. We request that such questions are submitted by 6.00 p.m. (London time) on 17 December 2021 and we will endeavour to answer these questions, where appropriate, either at the Meeting or on 22 December 2021 by way of a regulatory news release issued prior to the start of the Meeting, and on the Company’s website."

To which I wrote a (ponced up) version of this:



I'm not holding my breath - but I have done what they asked and I want to see whether they hold shareholders in contempt. As I say, they have no excuse - and they are accountable to shareholders.

[trader465] 22/12/2021 09:05

He won’t need to answer any questions because there’ll be nobody there.

Boris can’t afford the bus fare.

[imastu pidgitaswell] 22/12/2021 08:59

He's back for the EGM (today) - where he will be studiously attempting to avoid answering my question.

[trader465] 22/12/2021 08:51

Boris my good mate, the lazy muppet took an all expenses paid weekend away to Brazil, he probably took his Mrs Christmas shopping at your expense. He certainly did not go there to do any meaningful work.

“I was at site last week to observe”

Note the word “was” ie past tense, he’s back at his local pub already.

He’s been observing via webcam from his local pub for almost two years, the flying weekend visit to simply “observe”; was obviously a waste of shareholders money.

Maybe he’s been reading my posts and felt shamed into making a quick visit?

[tightfist] 22/12/2021 08:14

Hi Farrugia, within the existing licences they hold the initial Coringa mining access licence (cannot recall its proper name) but need a further licence before commencing the assembly of the Coringa process plant. IIRC they have already been refurbishing the (pre-used) plant machines, brought in from Australia by the previous owner..My reading is that the mandatory requirement for an indigenous impact study is under appeal tbd by the judges; nevertheless Serabi have already commenced a study. DYOR..Like Cotton, I am looking for an EGM statement today, that is a lot more expansive than the usual formal notification - possibly to include the Q&A?.Cheers, tightfist

[borisjohnsonshair] 21/12/2021 10:13

CEO was in Brazil - there you got muppet. The end of another of your favourite nonsenses - Covid shut down, suspension over audit and managers sitting at home. You really are proven to be pathetic, again & again & again!!!! LOSER.

[borisjohnsonshair] 21/12/2021 09:29

EGM is an AGM with special agenda. Only the items listed are discussed so nothing new can be raised unless a pre meeting RNS. Necessary formality but I would bother going. The dog won't walk itself and going to London, no thanks.