Serabi Gold Share Discussion Threads

[trader465] 02/1/2024 08:33

SRB isn’t generating cash due the fantastic management, it’s generating cash because the gold price is rising. The muppets got lucky with the gold price. Where would they be if gold had fallen to $1800 last year? And no doubt clowns like you would still have been spouting 600p 🤡

[tightfist] 02/1/2024 08:33

Thanks for the RNS reminder. The 180 day finalisation period expires end January; I am looking for some action around then. .I am also looking for an update on Coringa development - fortunately the second OS doesn't need to go through the Suez! Around then we should also see the 2024 production plan. tightfist

[borisjohnsonshair] 02/1/2024 08:26

No ho est poster could write such disgusting stuff about the management and then suggest faith in their future success. You've lost twice and sold low and will make it a third time. The latest interview opened the door to no news until "hopefully" first half of the year. You professional liar and LOSER

[trader465] 02/1/2024 08:20

The licence is almost in the bag, perhaps confirmation will come in Q1 24

Serabi Gold plc Agreement With Indigenous Communities For Coringa Development




The Parties have agreed not to take actions to suspend the development of
the Coringa project in recognition of the long term direct and indirect
local economic benefits.

-- The Parties agree that the licences and titles granted to date by the
National Mining Agency ("ANM") and the State environmental agency
("SEMAS") for the Coringa project are valid.

-- Over the next 180 days the Parties will complete all remaining aspects of
the consultation process in compliance with Convention No 169 of the
International Labour Organisation ("ILO 169").

-- The Parties will adopt all necessary procedures within their control for
the implementation of definitive mining in accordance with prevailing
legislation and observing indigenous rights.

-- The Parties have each undertaken to co-operate and take individual and
joint responsibility for meeting the commitments they have made to each
other.

-- The Parties will permit SEMAS and the ANM to make all necessary efforts
to analyse or maintain the current licences and will not prevent them
from proceeding with the analysis of applications for licence renewals or
from the issue of new licences.



Serabi Gold plc Serabi Secures Award For Its Community Engagement


Serabi Gold (AIM:SRB, TSX:SBI), the Brazilian focused gold mining and development company, is pleased to announce that it secured an impressive 73% of the votes in winning the Community Relations award at the recent Brazilian Gold Symposium.

[tightfist] 01/1/2024 14:09

Here is a topical Kitco article; new government putting the squeeze on illegal mining in the Tapajos:
.

.
Hopefully they will want to demonstrate support for the Good Guys……….

[borisjohnsonshair] 31/12/2023 11:21

Foul language to end the year, you worthless horror of a human being. I wish you lashings & lashings of pain & suffering for 2024, LOSER.

[borisjohnsonshair] 29/12/2023 16:19

It's not that simple, pricing how simple you are

[trader465] 29/12/2023 01:32

Not yet, it “could” be up and running in Q3 2024.
How the hell it’s going to take 9 months to plug it in and switch it on is a mystery…..


“The ore sorter being prepared for shipment and is expected to arrive into Brazil before the end of 2023”

“The Company is anticipating that the ore sorter could be operational early in the third quarter of 2024”

[sherry35] 29/12/2023 01:19

T465 - Based on your comment "The muppets have two ore sorters now," is the second ore sorter been fully commissioned at Coringa?

[loganair] 28/12/2023 14:12

If the the price of gold heads towards the mid $2,000 will mean Serabi making circa $25mln profit a year.

[trader465] 28/12/2023 13:29

Why pay a dividend when they have no skin in the game? The greedy muppets will give themselves huge salary rises and fat bonuses.

[loganair] 28/12/2023 13:18

If the price of gold heads towards the mid $2,000's then I hope in 2025 Serabi think about paying a dividend, as they'll be piling in the cash with not a lot to spend it on.

[kennyp52] 28/12/2023 12:39

Possible quick return to £1 here ?

[borisjohnsonshair] 28/12/2023 09:29

Yep, nothing positive has changed. It's a great story. Need the license.

[loganair] 28/12/2023 09:19

If the price of gold stays anywhere around where it currently is, by Q3 2024, Serabi will have sufficient cash in the bank to fully fund Coringa.

[smackeraim] 28/12/2023 08:42

Gold $2077