Serabi Gold Share Discussion Threads

[loganair] 12/3/2024 13:12

$2,300 + 40,000oz Serabi would have enough for both exploration and paying a small dividend to its share holders.

[borisjohnsonshair] 12/3/2024 12:42

I'd not agree with that. They'd be better off using all the money to self fund exploration due to the huge potential. If they started paying dividends, the price would rise but they'd become short of cash. Then they'd raise exploration cash with a dilution. You are better off waiting for production and discoveries to rise and 600p, than bank accounts few quid and be diluted.

[loganair] 12/3/2024 12:24

It seems to me reasonable to say that in 2025 will see an average price of gold of $2,300 plus with Serabi producing 40,000oz of gold then I can see of no reason why they couldn't start paying us long suffering share holders a small dividend.

[borisjohnsonshair] 12/3/2024 11:20

I'm sticking with my 600p but we might be on different timeframes. Well both be correct.

[loganair] 12/3/2024 09:54

I'm still sticking by my posts of late 2023 seeing gold reach between $2,300 and $2,500 during 2024 and Serabi share price of 100p as I thought at the time and still think these are reasonable goals to reach.

[borisjohnsonshair] 12/3/2024 09:27

Do you mean the senior staff?

[borisjohnsonshair] 12/3/2024 09:23

The board own more than 50% already

[bsg] 12/3/2024 09:10

Why don't the board buy shares in their company?

[borisjohnsonshair] 12/3/2024 08:57

60-100k production and POG at USD3k .... someone else do the math.

[borisjohnsonshair] 12/3/2024 08:50

Gold predicted to be USD2700 by 2025. If SRB raises production to 50k the AISC would drop to say USD1250. This leaves USD1450 FCF. 50k = USD72M annually. PE of 6 will be realistic as minors won't be out of favour long. Value GBP345M. 75M shares = 460p. Plus Vale plus additional discoveries and resource increases. 600p

[loganair] 12/3/2024 08:33

According to Josh Saul, CEO of The Pure Gold Company, the gold price could have further to climb. “Many analysts are predicting it could continue to $2,300 before it stabilises”, he says.

Saul adds that “the highs are not putting off investors”, but rather “motivating some nervous investors who fear missing out on more gains”.

“We saw this trend during the Global Financial Crisis after the collapse of Lehman Brothers and Northern Rock when fence-sitting buyers finally bought into the physical gold market to protect their assets”, he explains.

[borisjohnsonshair] 11/3/2024 18:18

Jog on bore. So predictable, when you lose money. All bitter, so try to upset strangers. Soooo so sad.

[borisjohnsonshair] 11/3/2024 17:11

Ha ha ha - you sold out at 24p and are now in criticise mode!!! Fourth time you've brought high, sold low in SRB. How the hell you blame that on MH I don't know!!! Moron LOSER.I sold my 8,000,0000 SHG at a very tidy profit

[trader465] 11/3/2024 16:48

14 June 2019

Serabi Gold plc
(“Serabi”; or the “Company”;)
AGM Statement


“Our near-term ambition remains to grow our personal financial wealth by selling the story of a 100,000 ounce per annum producer within two years"

[kennyp52] 11/3/2024 16:43

14 June 2019

Serabi Gold plc
(“Serabi”; or the “Company”;)
AGM Statement


“Our near-term ambition remains to grow the business to become a 100,000 ounce per annum producer within two years"

nearly 5 years later ... Boris Boris Boris .. such a fool you make of yourself

[trader465] 11/3/2024 16:42

There’ll be a cheap take out here and a fat brown envelope for the muppets who been drawing shareholders cash for years. 600p will never be seen. What happened a SHG will happen here.

[kennyp52] 11/3/2024 16:32

pmsl .. Hodgson has hit all targets .. Clive kept his eye on the petty cash .. they didn't really say the production was going to hit 100K Oz .. we have an unlicensed mine we are relying on ... the ore sorter ... don't mention the ore sorter and how many ounces this was going to add ! I will be more than happy if MH delivers on his guidance but to say its all gone to plan is delusional.

[borisjohnsonshair] 09/3/2024 19:23

Thank you TF. A sensible response, for once.

[tightfist] 09/3/2024 16:47

Agreed, most deliverables indicated by MH are slowly being realised. Timing is terrible - add ~100% to elapsed time and one is closer to reality…..

[borisjohnsonshair] 09/3/2024 11:59

So you were wrong - Covid did have an impact. Everything MH has said is materialising, just behind the pre-Covid schedule. Didn't suspend and delist as you said. You've confused Serabi with your biggest investment GRL. Hey - LOSER!!

[trader465] 09/3/2024 11:54

“MH said” 🤣

MH said the ore sorter delivered two years ago was going to be transformational for SRB 🤷‍a94;️

[borisjohnsonshair] 09/3/2024 11:48

MH said the AISC would be USD1400 soon. Gold breached USD2.2k yday for a while. Will next week. If they do 39,000 this year they'll generate GBP25M FCF!!! Do the maths. TraderMoron - get someone to do the maths.

[borisjohnsonshair] 08/3/2024 17:33

You are the moron that says Covid will have no impact on economies and the gold price is irrelevant to gold miners. OMG - you win the Stupid Prize every time.

[trader465] 08/3/2024 16:40

I’m surprised the clown who kindly informed everyone of the gold price every 20 minutes hasn’t turned up again