Serabi Gold Share Discussion Threads

[kennyp52] 21/3/2024 19:10

Sort the ore before trucking = higher grades when it gets to plant = less transport costs / lower AISC per gold ounce produced . It’s as simple as that as far as I understand and given the weight limit on transportation also it is a no brainer that they should have thought about and actioned months ago imho.

[tightfist] 21/3/2024 11:55

Hi Metis, PPVN; Yes, they will soon (Q1 2025?) be able to truck at least 100% more recoverable gold within the Ore transportation weight limitation. .Of course, that is assuming they will have mined that gold as the first step. Isn't it about time we had a QUANTIFIED update on Coringa mine progression - my apologies if I have missed it, amongst the soothing MH words, tightfist

[metis20] 21/3/2024 10:37

• The GU permits the transport of up to 50,000 tonnes of ore per annum from Coringa, to be processed at the Palito Complex.

Given a maximum permitted transport of 50k tonnes of ore per annum, with the ore crusher and sorter at work at Coringa, the amount of gold transported will be larger per annum than when, as currently, the raw ore is transported.

[ppvn] 21/3/2024 10:03

Hey tightfist! Yes I actually wonder whether the Coringa ore sorter is more to do with reducing trucking costs than increasing grade.

They've got the sorter at Palito so why not truck ore from Coringa then sort prior to processing? I'd assume that's what they are doing regardless. But then I guess net impact is the same just with fewer coringa trucks needed...

[tightfist] 21/3/2024 09:37

Hi PPVN, with the second (Coringa) Ore Sorter on the water, IMHO it's more a question of When rather than If they can install alongside the Crusher and lift the composite Palito mill Head Grade. Just need to be patient to see the plan being delivered.....

[ppvn] 21/3/2024 09:14

Assuming they can successfully increase grade their aisc will fall. Cost of running the palito plant is relatively constant so if they can increase the head grade they will produce more and therefore aisc falls.

[bsg] 21/3/2024 08:48

Lets hope with POG on a surge they don't take their eye off the ball and let AISC go up.

[millwallfan] 21/3/2024 07:50

Gold price sustaining or pushing on with some positive news from the company and we should see a decent jump towards the elusive £1 😂

[jj119] 21/3/2024 06:18

Gold through $2200 might help with that !

[tightfist] 20/3/2024 10:04

Good volume at this time of day..... another attempt underway to pass and hold above 60p?

[kennyp52] 15/3/2024 18:48

Haven’t missed anything BoJO .. it’s down on the day 🤷‍a94;️

Post your trades BoJo .. no ? Thought so .

Why do you have to resort to low IQ comments and the like .. is that really all you have got ?

[borisjohnsonshair] 15/3/2024 16:23

Not the weekend to be out!!!! Massive weekend.

[borisjohnsonshair] 15/3/2024 14:19

You've probably missed the golden opportunity. You can take a low IQ chap to water but you can't ....

[borisjohnsonshair] 15/3/2024 10:19

Keep focused Kenny. Did you miss it? Key trigger!!! Watch out.

[kennyp52] 15/3/2024 09:52

So what was supposed to happen overnight Boris 🤷‍a94;️

[borisjohnsonshair] 14/3/2024 16:15

Not the night to be low on stock!!! Won't sleep tonight.

[borisjohnsonshair] 14/3/2024 14:05

Short of stock in Canada. MM games as the news and rumours have started. Happy days.

[borisjohnsonshair] 14/3/2024 11:21

They'd not be interested but hypothetically I understand their internal M&A guys value SRB in the range of 595 to 605p

[borisjohnsonshair] 14/3/2024 11:16

It's an option, if you don't want to get richer

[bsg] 14/3/2024 11:13

Try ignoring them BJH.

[borisjohnsonshair] 14/3/2024 11:06

Yeah cos they wanna chase underground gold veins. Clueless as always.

[loganair] 14/3/2024 10:58

Is there any real need for continued personal attacks between posters?

Just wasting everybody else time.

[trader465] 14/3/2024 10:24

50p looks to be good support to average up the ones bought in the 20’s and 30’s

Always average up, never average down.