Member Info for scott1690

It makes me really excited to see q3 finacial figures and how much free cash was made.

It is strange in 6 months. Gold in brazilian real is up 21 percent. That is huge uplift on 10,000Oz a quarter.

35 million mcap, still needs to double from here to reach true valuation on cash flow margins.

With 12 mil in cash, adding one million a month to cashflow, doubling production in 18months for a mcap of 30million. Bloody ridiculous. Should be closer to 80mil mcap minimum.

Q1 $1260 gold price received. Earning an extra $200 on every ounce. At 10000Oz a quarter and extra $2million. AISC $1021. Profit $440 on every oz at these prices

Value wise. It means roughly 7 mil extra cash flow a year. Under the radar.

Gold price in Brazilian real now up 16% from six months ago. Financially this is huge for cash flow for serabi. Yearly highs needs to be taken out.

Waiting for this big sale to show it's face. Not in for the short term so will eventually show and we can start moving again

Fantastic news for us shareholders as the free cash flow for serabi at these prices will be in excess of one million a month. After q2 results expect cash around 15million. Unbelievable value here.

Absolute bargain. Gold on the up again. Thought it was bargain at 59. Wish I had more to top up with to make easy profit here.

If all things stay the same they must be generating one million a month in free cash flow. That's why I'm here. NPV at 90p.

With gold price were it is they are generating an extra 1.2m USD in free cash flow every quarter. Add that on top of exciting free cash flow. Peeps are underestimating how much cash flow is being generated especially with the increase in gold price.

Pure ignorance and disrespect to us shareholders as still no announcement. No response to anyone's emails. Expect a further drop now as it's now too high risk for new investors. WELL DONE LARRY.

I have tried along with numerous emails with no response. We must get him out. With no income cash running low he has ran this to the ground. We have a world class asset, but because of his lies and bull**** we are at rock bottom and could lose all of our investment. WE NEED HIM OUT to stand a chance.

What has he done good. He went on about a second and third customer. That never materialised did it. He stopped production. He went on about interest in funding the water flow. That ain't happened. He used to talk so much **** in his podcasts. He has been useless how can you say otherwise? GET HIM OUT

I have emailed him. I would like him to resign or we should force him out.

I did say I would buy at 8. But didn't thankfully, holding of as can see it going to 6 based on TA

h. To date however the exchange rate has remained in the range of BrR$3.80 to US$1.00 and the gold price in Brazilian Reais has averaged BrR$4,850

Averge gold price in real $5,300 the last 60 days. Exchange rate the same. Has to get to NPV soon enough. Hopefully PEA and cash balance increase from last quarter will help

It's gotta move at some point and I will be here when it does, taken some lovely profit on the way

You must lose a fortune on there markets. Were ever there is a spike you turn up.