Serabi Gold Share Discussion Threads

[stevea171] 09/4/2024 11:04

Jj. Q's for your call with Clive:
Is the ore sorter in Brazil now?
Has it arrived on site?
Can they not get it operational sooner than Q3 (which may be September)?
Do they they need engineers from Poland on site to set it up?
What breakdown of the steps and schedule from now to operational are involved so we can understand the process?
TIA.

[jj119] 09/4/2024 09:53

So infuriating. Given gold price move this would probably be testing 80p today had we not had yesterday's bungled announcement

[bsg] 09/4/2024 09:37

When are you leaving would be a good one!

[jj119] 09/4/2024 09:25

Have a call with Clive and possibly Mike set up for Friday . Any (serious) questions anyone would like me to ask please let me know. I'll obviously be raising the comms debacle / credibility issue. Also want to discuss previous references to acquisitions as we really want them fully focussed on delivering in the current plans which are based on existing asset base ....

[jj119] 09/4/2024 09:19

Agree 100% Boris . Damn annoying

[borisjohnsonshair] 09/4/2024 09:08

Mind boggling incompetence

[borisjohnsonshair] 09/4/2024 09:07

Own goal of the season - gold rockets and SRB loses all credibility by unnecessary interviews making incorrect claims.

[borisjohnsonshair] 09/4/2024 08:57

MH said the last interview - the one he was either clueless or dishonest, that AISC could would be USD1400, quote "CL will be angry" of similar. Also quote that Vale "very keen to proceed". He needs to stay off the TV as he's just highlighting bad judgment or dishonesty

[borisjohnsonshair] 09/4/2024 08:23

It doesn't change the fact SRB are making a fortune at the moment - a money printing press

[borisjohnsonshair] 09/4/2024 08:21

Vale had zero value in the price prior to news. The issue is how misleading or wrong the CEO was in the last interview!!!

[borisjohnsonshair] 09/4/2024 08:03

You book has crayon scribbles in it. Show your calculations based on gold price, PE, AISC, EV, Etc. Guessing value won't make you successful, it just clarifies your low IQ

[kennyp52] 09/4/2024 07:45

This should be back at 90p if Hodgson can get the production on target - a very achievable target which in my book has been set low so they can claim “success”; 🤷‍a94;️

120p if the license is fully granted .. what a Mickey Mouse situation that has been! It is Brazil however .

[kennyp52] 08/4/2024 21:57

31/08/2023 Bought B598081423 24.65

Post your trades / holdings Boris .. no ? Hmmm .. we both know who the real loser is here don’t we ?

🙄

[kennyp52] 08/4/2024 19:39

600p .. 600p .. honest .. 600p .. last year , this year ,next year … oh … it will be sold for 100p now … Boris tell us what you are … a …

[jj119] 08/4/2024 15:48

Agree that the comms around this news have been badly handled . The news itself shouldn't carry much weight from a fundamentals POV as this was always going to be a long shot and any value creation would likely be many many years if not decades out. The focus here should be on executing on the core business as has been stated by numerous other posters. I have emailed management regarding the mishandling of this communication and plan to speak with them in the next week or so to reinforce this message.

[trader465] 08/4/2024 15:22

meanreverter
“Whilst Vale have, during this week, informed us that they wish to withdraw from the exploration alliance, . . .”

That this was posted at 7 a.m. on a Monday morning prompts the question of what is meant by “this week”.


The RNS was drafted last week, 7am Monday this week is when the market was informed

[borisjohnsonshair] 08/4/2024 11:26

Yes - horrific. Makes a mockery of Greenstone!!!

[loganair] 08/4/2024 11:11

Typical RNS's, way over exaggerate any up side while down playing any down side rather then being completely upfront and honest about the situation.

[borisjohnsonshair] 08/4/2024 11:10

With the issue of misleading, the Coringa license, derisked with the ore sorter purchase is now in question.

[loganair] 08/4/2024 10:50

Anything under 0.5% Copper is not really commercially viable to extract and most of the drill results so far comes in at between 0.25% and 0.35%.

It seems to me reasonable to say so far Serabi management are wasting their valuable time trying to look for Copper or any other commodity on their lands, instead of 100% concentrating on getting as much gold out of the ground for as low a price as possible.

[loganair] 08/4/2024 10:49

In the latest RNS the word "excited" comes up to many times, even once is too many as it usually means their is nothing of substance really there.