Member Info for Adieuk32

Serabi Gold plc has announced a significant acquisition of voting rights by Classe Roca Magma Multiestrategia Responsabilidade Limitada do SSF IV Coinvestmento I Fundo de Investimento em Participações, a Brazilian investment fund. This acquisition, which involves a 24.9% stake in Serabi Gold, highlights a strategic move that could impact the company’s governance and future decision-making processes, potentially influencing its market position and stakeholder interests.

“Influencing its Market position and Stakeholders interest”

We’re due an announcement on the licence very soon, with talk of the Ministry of mining signing off a key milestone.

Gl all

Makes the licensing easier to sign off 😉

Gl all

We have many opportunities on the tentaments.

The Toucano prospect, 30km from the Palito plant was drilled in 2021 and intercepted 7.15m at 258g/t, one of the top ten intercepts for a TSX-listed equity for the year. In 2024 Serabi continue drilling, The next steps include an economic assessment and if positive, drilling for indicated resources.

We will have an additional, 600,000 of proven ounce resource by year end.

If we don’t secure the licence we still achieve 65k ounces production next year.

I believe we have 95,000 hectares of tentaments, with multiple targets not connected to Coriga.

So in simple terms, we have plenty of nuggets elsewhere.

Gl all

Coringa Permitting: De-Risking the Key Asset

The Coringa project represents both Serabi's most significant asset and its primary permitting challenge. The decision not to build a processing plant at Coringa - instead trucking ore to Palito for processing - has significantly reduced permitting complexity by eliminating the need for water discharge permits and chemical handling approvals. The operation now runs a chemical-free plant at Coringa where ore is concentrated using gravity separation and ore sorting before being transported.

Three key permitting milestones remain for full licensing at Coringa. First, a land use agreement with INCRA (the land registry authority) is nearing completion, with an announcement expected "fairly soon." Second, the Ministry of Mines is working with Serabi on an increase and potential extension of the current mining license under which operations continue. Third, the company is negotiating agreements with local indigenous communities, where Hodgson reported "making real progress" through ongoing consultations.

Full permitting resolution would remove a key discount factor from Serabi's valuation and provide long-term operational certainty for what is currently the company's highest-grade asset.

Coringa Permitting Catalyst:

Final permitting resolution expected in 2026 could remove significant valuation discount. Chemical-free processing at Coringa via ore sorting has simplified the permitting pathway while progress on INCRA land use agreement and indigenous consultations advances toward full licensing.

If they don’t get the full licence, then another 3 year extension.

Gl all

3.40p being paid, nice leg up to £4 before reserve upgrades and divided being Announced.

Only small amount of shares in issue 78 million, so will move very fast.

Gl all

Unlike a lot of companies, the BOD haven’t filled their pockets full of options, which says it all TBH.

Alot to like about this company.

👍Dividend’s/Share buy backs announced recently.

👍Reserve upgrades of 30% due around 1st week of March. Forecast to double reserves by year end to 2 million ounces.

👍Cash balance of $50+ Million.

👍NO DEBT.

👍$16 Million profit per quarter.

👍P/E of 7 way under the market average of 12/14

👍Production figures for 2026 of 54 - 57 thousand ounces, with 2027 65k and 2028 targeting 80k

👍Just about to commence 2026 drilling campaign targeting 30,000 metres of drilling, fully funded by cash.

👍 CEO says that they have that much cash on hand, they have many options of M&A, BUYBACKS, DIVIDENDS.

👍Looking to open an old dormant mine, which due to GOLD price is now economical.

👍Q3 2026 is when the new MILL is up and running, which will ramp up production in Q4.

What’s not to like, this is a fast developing company, with bags of cash, and many options and exciting events throughout 2026 and beyond.

Join the ride and enjoy the returns.

Gl all

Check out the interview, Q4 results due, then they will announce a 25% of FCF Dividend.

This is there last drilling campaign, which is set to restart next month, so CAPEX funded, no equity, just loads of cash in the bank.

Could be an M&A, with a private company, near to the current mines.

Loads of opportunities on hand.

Gl all

£3,20 a share, Next few weeks Annoucement of a dividend, Proven reserves upgrade of 30% to 1.3 Million ounces, Production up 50% this year, Gold spot prices $5,000.

Very Cheap shares here.

Gl all

CEO mentioned a dividend of 25% of FCF for year ended 2025. Nice 5-10% yield.

Did anyone else hear that the loan has been paid back in January-26?

Reserves are likely to be increased to 1.3 to 1.5 Million ounces, announcement will be around PDAC 1st March - 5th March, looking to increase to 2 million after final brownfield drill results end of 2026/27.

So no debt, £58 million cash, balance as at 31/01/2026, dividend, increase in production this year of 25-30% to 60k by year-end, $5,000 Gold price, and a market cap of £230 Million???

Nice close.

GL ALL

The P/E ratio of 7 is about half what it should be at.

A re-rate is on its way here, once the dividend is announced, BOOM

GL ALL

Just purchased £40k worth of shares.

Can see this having a good run back to recent levels.

Dividend to be Annoucement this quarter, along with a significant increase in reserves.

Looks promising, especially with the 60k production by year end.

Gl all

Trium Capital disclose above 1% I believe this is their first announcement.

Also Maxit have increased again.

What do they know???

Gl all

I make it Sunday, Day 46 so Friday the last trading day for JCC to increase there bid.

The most likely time a counter bid will arrive is between day 46 to Day 53, so next week is most likely.

For DGR to annouce a superior bid, will only effect there vote is a big hint.

Auctions usually get activity, near the hammer being raised.

Gl all

The Cascabel project exemplifies the scale and quality of Ecuador's untapped mineral resources. With proven reserves of 2.8 million tonnes of copper, 7.6 million ounces of gold, and 21.7 million ounces of silver, this asset ranks among the most significant undeveloped porphyry systems globally.

If this sells for 28p a share, then something corrupt is going on here.

GL ALL

https://discoveryalert.com.au/strategic-risk-assessment-south-american-copper-markets-2026/

In the context of a UK Takeover Code scheme of arrangement, a counter-bid is most likely to be announced in the period leading up to the shareholder meetings, often around Day 46 to Day 53 after the scheme document is published (assuming a standard 60-day timetable).

Specifically, the Takeover Panel usually requires any potential competing bidder to clarify its position by Day 53, which is seven days prior to the expected date of the shareholder meetings (Day 60).

Key Timings for Counter-Bids

14 Days Before Meetings (approx. Day 46): Any revisions to the original scheme, or a new competing offer, are typically finalized around this time to ensure shareholders have enough time to review.

Day 53: The "last date" for a potential competing bidder to announce a firm intention to bid or to withdraw.

Before the Scheme Vote: A competitor may, however, announce a firm bid at any time before the shareholder and court meetings to sway the vote, notes.

If a competing offer is announced, the Panel may extend the timetable to allow for an auction procedure.

What do they know, that we don’t?

Why would they be adding at 28p+, if they thought the vote would pass 😉

Surely they All can’t be that wrong?

Global X

Samson

Sand Grove

Qube

Follow the money.

Gl all

Just voted NO.

All family members are also casting a NO VOTE.

Not going to be robbed by the Chinese.

Gl all

As at 22/01/26 we have the the following major shareholders:-

P Simpson 4.42%

Samson Rock 3.04%

Norges Bank 2.76%

Qube Research 2.60%

Global X 1.78%

L & G Asset 1.62%

Sand Grove Capital 1.14%

UBS Singapore 1.05%

RWS Asset 0.94%

Société General 0.73%

Total 20.08%

2 new investment firms have joined the party since 10th January, Sand Grove Capital & UBS Singapore.

Not a chance this will be passed by the court.

VOTE NO....

GL ALL

I will be voting NO, and I’m sure the investment funds will do the same, as there still accumulating stock, above the offer price.

They won’t be risking clients money.

Gl all

Due to be Released tomorrow.

Gl all