RE: 75p coming14 Jun 2019 17:26
couple weeks back at 28p I said 40 50 60p coming after todays update I update my price target 70 80 90p take your pick.
Rereading todays RNS looks amazing.
The main reason this was hit hard was the tailings dam issue which is now 100% sorted. I believe the church of England own shares indirectly and will now be happy
Serabi Gold plc
(“Serabi” or the “Company”)
Disclosure on Tailings Management Facilities
Serabi Gold plc (AIM:SRB, TSX:SBI), the Brazilian focused gold mining and development company, announces that it has today published on its website information regarding the tailings management facilities (“TMF”) where Serabi has any interest (whether through subsidiaries, partnerships, joint ventures both incorporated and unincorporated and any other enterprises of whatever legal form), The information has been prepared in response to a questionnaire received from the Church of England Pensions Board and Swedish Council on Ethics for the AP Funds and backed by the UN-supported Principles for Responsible Investment (PRI). The communication issued was on behalf of 96 investors in the mining sector, who together represent over $10.3 trillion in assets under management.”