Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Despite gold being at it’s current level...
We still should NOT be anywhere near OUR current level.
Quite remarkable to consider that we WERE having a tough time what with the thieving mgrs , court case, Covid etc.... and here we are, in a much better state and almost half the sp of then.
Crazy days
Overall really good RNS.
Much better Q2 figures showing us how well we’re progressing.
Slightly deceiving H1 figures frustratingly due to Q1.... however all of this we knew or should have known.
Looking into H2, Q3 and 4, we should be getting continued and progressively stronger results, production figures etc.
Just the PoG holding us back a bit but is being strongly considered that this should bounce back over the next few months.
With the 3 key factors that Mike H (CEO) has mentioned in this ops review RNS, we should be seeing some very bright and optimistic months ahead.
Extract below pointing these three factors out for this latest Q2 and following into Q3 and Q4...... see RNS otherwise for full review.
“ It has been an excellent quarter for Serabi with significant progress on three fronts.
We have seen a strong recovery in production from the Palito operations with 8,418 ounces produced, a 19% increase on Q1. This improvement has been driven by the measures we implemented during the first quarter and is a testament to the hard work of the operational team. We continue to optimise the Palito operation and with the increased production this should improve our unit costs going forward.
“Development at Coringa continues to progress extremely well. The underground mine development is advancing to plan and generating high grade ore that we are trucking to Palito. Given the success of the ore sorting test work, we are now undertaking internal studies to evaluate an incremental development approach whereby we install a crushing plant and ore sorter at Coringa to generate a higher-grade product to truck to Palito. Both the crushing plant and ore sorter are required as part of the full processing plant but installation now, as an interim step, will allow us to increase our short-term production and revenue, and therefore provide the opportunity to fund more of the development from cash flow thereby reduce the level of future debt capital required for the full plant construction.
“The exploration highlight for the quarter was the receipt of multi-element assay results from the three holes drilled at the Matilda Prospect confirming a porphyry discovery. Each hole encountered anomalous mineralisation from top to bottom including some zones of higher grade. We are working with external porphyry experts to plan the next phase of exploration. In parallel, we have received interest from a number of major mining companies for further information. We will therefore evaluate the best options for the Company to move the Matilda Prospect and other regional targets forward over the coming months.”
Rather intrigued by this “interest” from several major mining companies.
Could this mean a hefty “ka-ching???” Co-partnership?? Healthy buy out offer?.?
Whatever the case...... very pleased with what I’ve read and there’s not really much at all that others here can justify as a real negative.
Just the SP is still so..... gggggrrrrr
In the grand scheme of things... it’s all going well. Not much at all to be negative on so it’s a shame yours, Sirius, felt unnecessarily negative.
PoG.. fair enough... taking a hit of late but otherwise I’ll stand by my opinion, and there’s also just as much opinion, out there, and sentiment that gold is set for the skies.
Figures, we know already will be better.
Quite literally, everything going the right way for SRB at the moment except for one thing that’s still not showing true ..... SP.
This is still at a silly price. Much better volume today.
Expected good and positive news on the near horizon
Strong hold here ( wannabe topper upper)
Yes, really good stuff. Rustybug posted earlier.... perhaps look below for previous thread as I pointed out a few things and gave some thoughts to it all. Some maybe, people may not have considered.
Excellent Rusty.
Really informative breakdown in how.
But this is the main reason/s for responding.... it’s basically stating what I’ve mentioned several times now and how I see this picture to be much bigger for GDR.
This technology/procedure is not just for AIHL... GDR’s machine currently is, yes, but as mentioned regarding strokes and many other situations....this method is a PHENOMENAL game changer in the medical world.
Extract below....
“Q: What other applications are there for this style of super-fast testing?
It's useful in any clinical situation where a genetic disposition may interact with pharmaceuticals and you need a rapid answer without going to the expense of a time-consuming full genetic test, or you haven’t got the time to send the sample away to a genetic testing laboratory. Stroke patients are another good example.“
Another extract.....
“There are other non-urgent applications too, such as anti-depressants being prescribed, and you simply want to know whether there are any adverse genetic complications in associated with a specific drug and want a quick answer.”
The above goes to show how big this could be and how wide an expanse of medical assistance it can provide.
This is why GDR has such promise. At the forefront of fresh medical practice
Personally lth14, I don’t block anyone. I want to challenge them if they give out either BS ramping, relentless de-ramping, false info or have the determination to slate this company that we are, “supposedly” invested in. And sometimes, just sometimes these misery posters surprise me with the odd glimmer of hope and positivity in their msgs.
This includes basic trolling that this sad sad Sledge character does. Who is bitter and twisted from losing lot’s elsewhere and has this childish and pointless issue in trying to take GDR down.
Quite possibly the worst and saddest character out there across these boards.
Which hospital and where if not in the name.
If it’s different to Manchester and not one of the Trust’s buildings then this could be breaking news.
If it’s part of the Manchester lot... it’s still encouraging
I would add if I could. Funds tied up frustratingly for now
Hear hear Pedro. Sorry for delayed response.
Very well put.
Personally surprised to see this sub 40 yet again, however this creates a very fruitful opportunity for those considering options of where to invest.
This company has one of the strongest and most progressive futures that I know out there.
Happening now or at least about to. Pretty much confirmed
Perhaps him and his team are.....?
Plenty can happen in the background.
In sales.... sometimes deals can take days, weeks or months
Keep it open minded I’d say
Agreed jimi. I was merely basing on the miminum for today.... primed for recovery let alone any reason. The reasons as you point out however are naturally supportive and of course going to help.
Pretty soon Deanok, and one thing we already know is that it will be a good, very encouraging one.
Good to have you aboard
Over 3 mill volume now.... that’s more like it.
We “should” find that after today, we’ll have a better baseline sp going forward.
If you consider that we’ve gone down and down and down, slow but sure over the last month but it’s all been on very low volume.
Much better volume today and on the positive stance.
Phew...indeed
I fell off my chair reading a positive post from you Roger
(Just being playful so chill)
Ultimately even if this as you called it a Covid play..... if the sp gets positively “played” and jumps up several pence..... that’s still got to be good for the sp overall....even if it drops back a bit over time. It quite simply keeps us going, hanging in there, not dropping too far etc.
Until such a time we get some good news/updates.
Today is an “at last” day.... something I think we should all be grateful for.
Is there a leak?.? News pending hence positive day??? I guess we’ll find out shortly.
Aside that, as I’ve mentioned numerous times.... charts related..... were primed for a healthy bounce anyway.
Exactly Pedro.
There’s plenty to pleased about and therefore to state it.
I believe those “phrases” are called encouragement and shouting out.....why the hell are still down at this level.
Totally agree Pedro.... current market behaviour and sentiment is not helping.
Perhaps then, Adam, might I take your “angle” in sentiment that you “want” the sp to stay low??. Looking to top up but missed the super lows? Something spurious in your “reserved” posts?
Otherwise I’d call it illogical and lacking common sense
For myself and numerous others....I’m sure we’d all HAPPILY want the sp to rise.
We have had over the weeks plenty to praise, promote and shout out about.
Again, not to cause a battle here but we DO have a stupid low sp, yet have a bundle of great news. AND...... extra fab news to follow in the v near future. Updates, quarterly’s etc.
Yawn Adam...
Without trying to aggravate.
Why can’t positive news simply be that?
We have recently had plenty of good, great and encouraging news.
I don’t think anyone’s getting “carried away”
This RNS has future and have pretty much said this is only the start. Alongside ongoing and active..... we’re in a fabulous position overall.
Just great to have positive news...and happily “promoting “ that.
If you’re a genuine holder in SRB....Would you not want this to go up?.?
Certainly for the fact that we’re still at a stupidly low sp.....
To add to the great news today I thought I’d revisit my previous post... just in case anyone fresh out there sees our comms.
To those, and all...... THIS is why we, investors in SRB, are here. To stay and to prosper
Another winner for us!
Fab news/results
Seriously, Serabi IS THE GLODEN GOOSE out there right now
Gl all and let’s today we AT LAST get to see the real fruits come together.
Anything sub 70 sp is a flippin joke imo