Serabi Gold Share Discussion Threads

[borisjohnsonshair] 15/5/2024 17:28

KennyIQ0.52 - The CEO stated the AISC is approaching USD1400. He even mentioned the CFO wouldn't like him to say so. I hope this helps BrainLess?

[tightfist] 15/5/2024 11:08

IMO it's a Mr Market day at Serabi!.https://en.m.wikipedia.org/wiki/Mr._Market.Just look at the prospective cash flow - the market hates uncertainty..... The new IR man must be pulling his hair out!

[brewxi] 15/5/2024 10:58

Can someone put in simple terms WTF is going on??

[davethehorse] 15/5/2024 10:23

Is this end game here??

[kennyp52] 15/5/2024 10:04

$1400 AISC Boris ? What is the cash cost please ? What is the production please ? What is the gold price please ? £800+ average above AISC and rising . Do your numbers .. the mention of a raise shows how desperate you are .. pathetic .

You used to have a jet … washer 🤣🤣

[borisjohnsonshair] 15/5/2024 10:03

No wonder the Chairman can't get a license, the CEO has already got it - it's Q2. They both can't get it. CEOs business has AISC of USD1400 whilst the CFOs is USD1750. Easy choice as to who to invest in.

[borisjohnsonshair] 15/5/2024 09:12

By the way, the CEOs SRB has Vale very keen to proceed. It's only the CFOs that they've walked away from and disowned.

[borisjohnsonshair] 15/5/2024 09:11

No way would trial license be renewed. It's just a facility to aid mine development, whilst the real one is approved.

[borisjohnsonshair] 15/5/2024 09:10

I've not flown for many years but used to have jet

[bsg] 15/5/2024 09:09

I see it this way. They'll not get a full license. They'll bumble along with a trial license for the remainder of the three years and maybe get another extension. If Vale were still in the picture they may have helped them get the full license.

[trader465] 15/5/2024 09:07

It’s in for maintenance

[bsg] 15/5/2024 09:03

What! No private jet?

[borisjohnsonshair] 15/5/2024 08:49

The Chairman said no progress with licensing but they have their top people on it. The guys who have been on it since 2019, so everything will be fine.

[borisjohnsonshair] 15/5/2024 08:44

I'll buy you your last drink

[borisjohnsonshair] 15/5/2024 08:43

Meet me in the Lord Wilson Wetherspoons in Huddersfield?

[borisjohnsonshair] 15/5/2024 08:42

Did you read the news yesterday. Very very concerning

[borisjohnsonshair] 15/5/2024 08:41

Are there three totally different companies?. That explains it. I'm putting all my money in the CEOs SRB. It's fantastic.

[slicethepie] 15/5/2024 08:41

The ceo and cfo have been in their roles since 2007 and hold circa 70,000 shares each...says it all! Time the big shareholders showed them the door

[trader465] 15/5/2024 08:41

Morning my lover, I’ve come to the UK to visit you, what did you do to the share price while I was in the mile high club?

[borisjohnsonshair] 15/5/2024 08:40

The mixed messages from CEO, CFO and Chairman have destroyed faith. What a shambles.

[borisjohnsonshair] 15/5/2024 08:36

CEO statements are always totally inconsistent with CFO reports - AISC at 1400 whilst official warnings of power cuts. CEO expects license Q2, whilst Chairman protecting reputation, no deadline, no progress, challenges ahead and pivotal event looming. Run!!!!!

[borisjohnsonshair] 15/5/2024 08:32

Chairman is prepping for the doomsday event. Coringa rejection, Palito AISC too high to waste gold. Half production and ramp up exploration, with capital raising dilution before the price returns to 20p. It's exciting times. Capital raise at 35p

[tightfist] 15/5/2024 08:22

Mr Market on the loose - get your cheque book ready?

[farrugia] 14/5/2024 20:55

I love researching silver and gold stocks and don't limit myself to the UK listed ones.

bought a few of Serabi today - it is definitely value at those levels. From experience I can say that the miners listed in the UK are mostly high quality and value compared to USA names (overvalued compared to UK) or Canada (love to dilute you with warrants)

Asante Gold Corp Ghana high debt
Steppe Gold Ltd. Mongolia

I also own Lion One Metals, Cerrado Gold and some Thor Explorations

Silver miners I have include PAAS, Silver X Mining, Guanjauato Silver and Gr Silver

I have quite a bit of physical gold which i intend to offload as I have so much exposure with miners already. In fact I opened a CFD short on gold to lock in the price. I had big call 2026 positions in Pan American Silver and Fortuna Silver but I mostly liquidated these for good profit.