Serabi Gold (LSE:SRB, TSX:SBI) - But it's business as usual, Day after day

Matthew Gordon,
Ptolemy Capital

12 Months ago

Interview with Michael Hodgson, CEO of gold producer, Serabi Gold (LSE:SRB, TSX:SBI) Hodgson gives us his take on the 2019 figures, the highlight being the cash position of USD$14.23M at the end of the year. Other notable numbers are Net cash USD$5M; the AISC at USD$1,081 up from 2018; EBITDA $17.2M; average gold price received of USD$1,376; total ore mined increased by 8% at average grade of 7%. The company continues to producer free cash flow and the Brazil Real exchange rate is also helping.

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