Serabi Gold Share Discussion Threads

[trader465] 14/3/2024 10:21

I don’t think we’re due news until Q1 results? Could fall back 10/20% from here

[kennyp52] 14/3/2024 10:16

🤣🤣🤣🤣9315;

[trader465] 14/3/2024 10:15

The only alarm that dopey clown has is tag alarm locked to his ankle

[kennyp52] 14/3/2024 10:02

Just asking Boris .. did your alarm go off in 2020 ? Near 100% accurate eh ? …

BorisJohnsonsHair - 28 Aug 2020 - 06:58:41 - 365 of 8818 Serabi Gold - SRB
On subject of dividends. When Coringa at 38,000 the FCF will be US$70M annually assuming $850 / ounce after AISC and 86,000 output total. They could easily issue a 25% dividend based on today’s share price. The share price won’t stay at these levels however the dividend for shares brought lower than 100p will still represent this level of yield. HAPPY DAYS. The future is sooo bright. The above ignores the mega game changing exploration. SRB a US$1B company = £13.2 share price. My previous estimates of 500p are too cautious.

If you was 97% accurate you would have bought your own island by now next to Branson .. but you are not are you ? Probably just a fantasy trader , lost so much in the past you get desperate to win when you actually invest in a share ? Desperate Dan is a better avatar for you .. although Boris Johnson is a serial liar .. so maybe that’s why you chose it ?

[borisjohnsonshair] 14/3/2024 08:27

My subscriber software has various alarms. Future events and performance can be entered. This has been added based on MH Crux predictions 2025 and 26. 10 percent true value alarm just went off. 60p hence 600p true value 2026. Its accuracy is 97.45 percent

[borisjohnsonshair] 14/3/2024 07:51

KennyIQ52 You still aren't saying anything. Be specific and why are you calling me names, Moron? Be civil.

[tightfist] 14/3/2024 07:21

Canada showing us the way ahead, closing at 69p....

[borisjohnsonshair] 13/3/2024 18:25

More and more trade in the US and Canada.

[borisjohnsonshair] 13/3/2024 13:47

Spot on.It's also worth looking at the Coringa PEA for the asset value. The POG was way lower. I forget but none of the illustrations were anywhere near USD2200. The asset value isn't on the books yet cos the full license isn't officially granted but it's only a few to 12 weeks away. Then BANG!!! Huge tripling of asset.

[jj119] 13/3/2024 12:39

I think there is a risk of missing the key point here. In the absence of fraud or delusion sold ounces should grow materially once the ore sorter is operational. Meanwhile the house broker Peel Hunt has the shares trading on sub 2x 2025 EBITDA based off a $1650 gold price in that year. If the gold price holds at $2150 EBITDA will be more than double that leaning the shares on less than 1x. I always aim off management guidance particularly for AIM listed stocks but based on those figures there doesn't appear to be much hope in the shares at this point in time . So always risks of being wrong - absolutely - always the risk of being defrauded or caught out by regulatory mis steps or by some unexpected macro event. However risk reward looks good to me. Good luck all . Do your own research .

[borisjohnsonshair] 13/3/2024 10:53

Sorry Kenny. I should be more compassionate as you are broke. I hope GRL unsuspends for you.

[borisjohnsonshair] 13/3/2024 10:06

Facts from me KennyIQ52. You just whinge without any specifics. You are what we, in the industry, call an Idiot. You've not understood the original plan, the issues and the redirection as it's evolved. Never mind.

[loganair] 13/3/2024 09:59

loganair - 07 Dec 2023 - 20:13:59 - 8298 of 8807:

Question to Serabi:

When does Serabi see their Sao Chico mine return to production or is the mine likely to remain suspended for a considerable period of time as the return into production will as well as increasing Serabi's mined gold ozs will also likely reduce the companies overall AISC.


Answer from Serabi:

Our near term plan is to maximise utilisation of our plant with ore from Coringa and Palito which can be of higher grade than the known resources at Sao Chico and therefore more profitable. We are continuing to evaluate the options for Sao Chico but with a plant limited operation we will maximise the grade that we feed into the plant to maximise production and minimise AISC. Additional production on its own does not necessarily translate to a lower AISC.

[kennyp52] 13/3/2024 09:40

Loganair .. why did they lose Sao Chico 🤷‍a94;️

[borisjohnsonshair] 13/3/2024 09:30

The smart efficient move

[borisjohnsonshair] 13/3/2024 09:30

I responded to you. I guess it's complicated and hard to see!!!

[borisjohnsonshair] 13/3/2024 09:29

Not paid, just correcting morons who don't understand and morons who've lost money and bitter. How many of these are you?

[loganair] 13/3/2024 09:29

I asked Serabi and they said their priority is getting Coringa fully up and running rather then trying to get Sao Chico back into operation.

[loganair] 13/3/2024 09:18

With the suspension of mining at Sao Chico, Serabi lost circa 25Koz Gold production.

[borisjohnsonshair] 13/3/2024 09:15

50k production needed to justify OS. I know you didn't understand that because it's soooo complicated