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Interview with Michael Hodgson, CEO of Serabi Gold PLCOur previous interview: https://www.cruxinvestor.com/posts/serabi-gold-lsesrb-38000-oz-gold-production-by-year-end-with-expansion-upside-6452Recording date: 11th April 2025Serabi Gold has kicked off 2025 with impressive momentum, delivering 10,013 ounces of gold production in Q1 – maintaining the strong rhythm established in Q4 2024 and exceeding budget expectations by approximately 800 ounces. The company is firmly on track to meet its 2025 production guidance of 44,000 - 47,000 ounces, with quarterly production expected to increase throughout the year, reaching 12,000 - 13,000 ounces by Q4.The financial transformation of Serabi over the past year has been remarkable. Cash reserves grew from just $5 million in Q1 2024 to $22.2 million by year-end, and have further increased to approximately $27 million following Q1 2025 results. This substantial improvement stems from both operational excellence and favorable market conditions, with high gold prices and a beneficial Brazilian Real exchange rate creating what CEO Michael Hodgson describes as "a great time to be a Brazilian gold producer."Serabi's growth trajectory is clearly defined, with production expected to increase from the current 44,000 - 47,000 ounces in 2025 to 60,000 ounces in 2026. The company has even more ambitious plans beyond this, with a goal of reaching 70,000-75,000 ounces in 2027 and potentially 100,000 ounces by 2028. Notably, management believes this growth can be funded entirely from operating cash flow, avoiding dilution to existing shareholders.Underpinning this growth strategy is a significant $10 million investment in brownfield exploration, split equally between the Palito and Coringa operations. This program aims to expand the current resource base from 1 million ounces to at least 1.5 million ounces, and potentially up to 2 million ounces. Recent drilling at São Domingos has already yielded promising results, with early estimates suggesting a resource of around 100,000 ounces at impressive grades of 10-12 grams per ton.Serabi is implementing an innovative hub-and-spoke model, where satellite operations employ crushing and ore-sorting technology to produce high-grade pre-concentrates that are then transported to the central Palito processing facility. This approach maximizes processing efficiency and enables increased production without major plant expansions.With substantial free cash flow generation expected to continue throughout 2025, management is actively considering mechanisms for shareholder returns, including dividends and share buybacks. As Hodgson stated, "We know we can't sit on this amount of cash. That's the bottom line."For investors seeking exposure to gold with strong growth prospects and potential shareholder returns, Serabi Gold presents a compelling opportunity. The combination of increasing production, expanding resources, innovative processing technology, and robust cash generation creates a foundation for both capital appreciation and potential income in a favorable gold price environment.—Learn more: https://cruxinvestor.com/companies/serabi-goldSign up for Crux Investor: https://cruxinvestor.com
Serena Stevenson & Michael Hodgson join Jonny to chat about the Splore Documentary "Three Days in February" Get your tickets from Ticketmaster
Serena Stevenson & Michael Hodgson join Jonny to chat about the Splore Documentary "Three Days in February" Get your tickets from Ticketmaster
In this bedtime story you explore the seasonal shift in Animal Crossing.Suitable for all ages.Narrated by Tamer AsfahaniWritten by Chris Winson LongleyMusic by Michael HodgsonProduced by Magdoos Media Limited© 2025 Magdoos Media Limited - All Right Reserved ★ Support this podcast on Patreon ★
Interview with Michael Hodgson, CEO of Serabi Gold PLCOur previous interview: https://www.cruxinvestor.com/posts/serabi-gold-lsesrb-doubling-production-by-2026-6040Recording date: 16th December 2024Serabi Gold (LSE:SRB), a Brazil-focused gold producer, is positioned for significant growth in the coming years as it executes on its three-stage strategy to optimize operations and expand production at its high-grade Palito and Coringa mines.In 2024, Serabi achieved several key milestones, putting it on track to meet its production guidance of 38,000 ounces, a 67% increase from the previous year. The successful commissioning of an ore sorting plant at the Coringa mine in December was a game-changer, enabling the company to upgrade the feed grade to its processing plant from around 5 to 15 grams per tonne. This will allow Serabi to boost gold production without having to expand its milling capacity.CEO Mike Hodgson outlined the company's three-stage growth plan: Stage one, now complete, was the construction of the ore sorters. Stage two is increasing production from 40,000 to 60,000 ounces per year over the next 18 months as the benefits of ore sorting are realized. Stage three involves an aggressive exploration program aimed at doubling resources from 1 to 2 million ounces to support a further expansion to 100,000 ounces per year.To fund this growth, Serabi is budgeting $8 million for brownfields exploration in 2025, a significant increase from recent years. The 30,000 meter drill program will focus on growing resources around the Palito and Coringa mines, which currently host 500,000 ounces each. If successful in doubling the resource base, Serabi would look to expand processing capacity either by building a second plant at Coringa or expanding the existing Palito plant.Serabi is well-funded to carry out its plans, with $20-25 million in cash expected by year-end 2024. This strong balance sheet provides flexibility to advance organic growth initiatives while also considering potential share buybacks, dividends, or accretive M&A.Investors have several reasons to be bullish on Serabi. The company is delivering strong production growth in the near-term through the successful implementation of ore sorting technology. Looking ahead, the exploration upside is significant, with the potential to double resources and expand production to 100,000 ounces per year. Serabi's high-grade mines, recently renewed mining licenses, and focused management team further derisk the story.In the context of the current market environment, Serabi's strategy is well-timed. With the gold price at elevated levels, the economics of optimizing high-grade mines are highly attractive. By deploying capital efficiently and using new technologies like ore sorting, Serabi is positioned to grow production and cash flow rapidly, with potential re-rate opportunities as the market recognizes the value of its assets.Overall, Serabi Gold presents a compelling investment case for those seeking exposure to a growing gold producer with a proven management team, strong financial position, and significant exploration upside. As the company continues to execute on its well-defined growth strategy, shareholders could be well-rewarded in the years ahead.Learn more: https://cruxinvestor.com/companies/serabi-goldSign up for Crux Investor: https://cruxinvestor.com
Interview with Michael Hodgson, CEO of Serabi Gold PLCOur previous interview: https://www.cruxinvestor.com/posts/serabi-gold-lsesrb-brazil-miner-capitalizes-on-high-grade-assets-drives-20-production-boost-5940Recording date: 30th September 2024Serabi Gold, a gold mining company operating in Brazil, has recently unveiled results from its Preliminary Economic Assessment (PEA) study, revealing a compelling growth trajectory that merits investor attention. The company is poised for significant expansion, with plans to nearly triple its annual gold production from current levels of 18,000-20,000 ounces to 35,000 ounces by 2026, ultimately aiming for group production of 60,000 ounces.One of the most striking aspects of Serabi's strategy is its innovative use of ore sorting technology. This advanced process has the potential to dramatically improve ore grades, potentially doubling them from 5.3-5.4 g/t to up to 10 g/t. Such a significant grade improvement could substantially enhance the project's economics, potentially leading to lower production costs and higher profitability.The financial projections from the PEA study are equally encouraging. At a base case gold price of $2,100 per ounce, the project's Net Present Value (NPV) is estimated at $145 million. This figure rises to an impressive $211 million when current spot prices are applied, underscoring the project's sensitivity to gold price movements. Moreover, the company projects annual free cash flow of $17-78 million, providing substantial financial flexibility for future growth initiatives.Serabi's All-In Sustaining Cost (AISC) figures are another highlight, coming in lower than expected at around $1,240-$1,250 per ounce. This competitive cost structure, coupled with the potential for grade improvements through ore sorting, positions Serabi favorably within the industry.The company's growth strategy extends beyond its current operations. Serabi has outlined ambitious exploration plans, particularly at its Coringa project, where it aims to potentially double the resource to around 1 million ounces through an extensive drilling program over the next 18-24 months. Additional exploration at the Palito Complex, including the promising São Domingos property, further enhances the company's growth prospects.However, investors should still be mindful of the risks inherent in mining investments. The success of Serabi's plans hinges on factors such as exploration results, operational execution, and the volatile nature of gold prices. The company's ability to effectively implement its ore sorting technology and achieve projected grade improvements will be crucial to realizing its full potential.From a macro perspective, Serabi is operating in a favorable gold market environment. Global economic uncertainties, inflationary pressures, and low real interest rates continue to support gold prices, creating a positive backdrop for well-positioned gold producers.In conclusion, Serabi Gold presents an intriguing opportunity for investors seeking exposure to a growth-oriented gold producer. The company's focus on innovation, coupled with its clear expansion plans and exploration upside, positions it to potentially deliver significant value in the coming years. As Serabi advances its projects and delivers on its objectives, it may increasingly attract attention from both institutional and retail investors in the precious metals space.View Serabi Gold's company profile: https://www.cruxinvestor.com/companies/serabi-goldSign up for Crux Investor: https://cruxinvestor.com
Interview with Michael Hodgson, CEO of Serabi Gold PLCOur previous interview: https://www.cruxinvestor.com/posts/serabi-gold-lsesrb-increasing-gold-production-to-60000oz-5697Recording date: 11th September 2024Serabi Gold, a gold mining company operating in Brazil, is emerging as an attractive investment opportunity in the precious metals sector. The company has successfully navigated recent challenges and is now poised for significant growth, backed by strong financials and a clear operational strategy.Serabi has experienced a remarkable financial turnaround, with its share price rebounding to exceed levels from its last capital raise in 2021. The company's cash position has improved dramatically, from $10 million at the start of 2024 to $16 million as of August, with projections to reach nearly $20 million by year-end. This robust cash generation allows Serabi to fund growth initiatives without immediate need for dilutive capital raises.A key driver of Serabi's improved performance is the implementation of ore sorting technology at its Coringa site. Set to be operational in October 2024, this technology is expected to significantly enhance ore grades, increasing them from about 6 grams per ton to 10-11 grams per ton while reducing processed mass by half.This grade improvement is projected to boost gold production from 38,000-40,000 ounces in 2024 to 46,000-47,000 ounces in 2025, representing a 20% increase. CEO Mike Hodgson emphasizes that this additional production will contribute directly to the bottom line, highlighting the potential for significant margin expansion.Serabi is planning an aggressive exploration program, allocating approximately $5 million for drilling in the coming year. The company aims to drill about 30,000 meters, primarily at the Coringa and Palito complex, with the goal of potentially doubling the resource at Coringa from 500,000 to 1 million ounces.Serabi's strategy revolves around maximizing the value of its high-grade assets rather than pursuing scale for its own sake. This approach, focused on improving grades and optimizing existing infrastructure, sets Serabi apart from many peers and is expected to lead to superior cash generation relative to its production scale.While the immediate goal is to reach 60,000 ounces of annual production through grade improvements and operational efficiencies, Serabi sees potential for organic growth to 70,000 ounces with additional milling capacity. Long-term, there may be a pathway to 100,000 ounces annually, depending on exploration results.For investors, Serabi offers exposure to a cash-generative gold producer with significant exploration upside. The company's emphasis on margin and efficient capital deployment could make it an attractive option for those seeking leveraged exposure to gold prices without the dilution risks often associated with junior miners.However, investors should note that while Serabi may not offer the scale of larger gold producers, its focus on high-grade, low-cost production could provide attractive returns, particularly in a strong gold price environment. As with any mining investment, careful consideration of operational, geological, and jurisdictional risks is essential.In conclusion, Serabi Gold presents an intriguing opportunity for investors looking to gain exposure to a well-managed, growth-oriented gold producer with a focus on high-grade assets and strong cash flow generation.View Serabi Gold's company profile: https://www.cruxinvestor.com/companies/serabi-goldSign up for Crux Investor: https://cruxinvestor.com
Interview with Michael Hodgson, CEO of Serabi Gold PLCOur previous interview: https://www.cruxinvestor.com/posts/serabi-gold-lse-srb-advancing-brazilian-gold-assets-towards-60000-ounce-potential-5221Recording date: 16th May 2024Serabi Gold is positioned to deliver significant production growth over the next two to three years while minimizing capital requirements by utilizing an innovative development approach at its Coringa project in Brazil. In a recent interview, CEO Mike Hodgson outlined the company's plan to leverage ore sorting technology to produce a high-grade concentrate at Coringa which can then be trucked to Serabi's existing Palito processing plant. This approach eliminates the need to construct a new plant at Coringa, greatly reducing capex and accelerating the timeline to production.The ore sorting and trucking strategy is expected to yield a step-change in production, nearly doubling output from 38,000 ounces this year to 60,000 ounces within the next 2-3 years. Importantly, this growth will be entirely funded by internal cash flow. As Hodgson stated, "We're not looking for money. We can fund it ourselves - we're just better utilizing the Palito plant. That's the beauty of it - it's a really cheap, capital-light way of literally nearly doubling our production."Several key catalysts are on the horizon as Serabi moves to implement the Coringa plan. A new preliminary economic assessment (PEA) is underway incorporating the ore sorting and trucking scenario, with results expected in July or August. Additionally, the ore sorter has already been shipped, the crushing plant for Coringa is being renovated, and civil works are underway. Hodgson expects the ore sorter to be commissioned and operational by the end of September, setting the stage for a significant grade and production increase beginning in Q4 2024.Beyond the near-term growth from Coringa, Serabi sees substantial exploration potential at both Coringa and its Palito mine. The company is investing $2 million in brownfields exploration this year, funded by operating cash flow, with the goal of expanding resources. Coringa, which currently hosts 500,000 ounces of gold, is seen as particularly prospective. "Coringa is a completely undrilled deposit," noted Hodgson. "The resource can be doubled. When you double that resource, you can increase the production rate even more."Longer-term, Serabi has outlined a pathway to grow production organically to the 100,000 ounce per year level through a combination of resource expansion and incremental plant optimizations. With multiple production growth drivers and a proven management team at the helm, Serabi appears well-positioned to deliver shareholder value in a rising gold price environment. As Hodgson summarized, "When people see the PEA coming in, they see that ore sorter working, they see Q4 and what it's really doing to the grades...We are going to go from our current plan this year of 38,000 ounces to 60,000 ounces in the next 2.5 years."For investors, Serabi offers a compelling mix of near-term catalysts, fully-funded organic growth, and significant exploration upside. With a market capitalization of just £55 million, the company's shares appear attractively valued relative to the growth potential. As the Coringa development plan advances and the company continues to derisk and expand its production profile, Serabi has the potential to re-rate significantly higher.View Serabi Gold's company profile: https://www.cruxinvestor.com/companies/serabi-goldSign up for Crux Investor: https://cruxinvestor.com
In this bedtime story you explore the power of community and rhythm.Suitable for all ages.Narrated by Cate BarrWritten by Chris Winson LongleyMusic by Michael HodgsonProduced by Magdoos Media Limited© 2024 Magdoos Media Limited - All Right Reserved ★ Support this podcast on Patreon ★
In this episode of The Outdoor Biz Podcast, we dive into the world of adventure travel with Michael Hodgson and Therese Iknoian from HI Travel Tales. Therese and Michael share their many adventures with us and how HI Travel Tales came to life! Facebook Twitter Instagram Love the show? Subscribe, rate, review, and share! Sign up for my Newsletter HERE I'd love to hear your feedback about the show! You can contact me here: rick@theoutdoorbizpodcast.com Show Notes 00:00 Podcast series explores thrilling adventure travel journeys and shares captivating stories from guides, outfitters, and destinations. It ignites wanderlust and inspires outdoor adventures. 07:45 Studying in Germany had a profound impact, broadening the individual's perspective on life and travel, as the experience of living in a different culture opened their eyes to the big world and the multitude of wonderful experiences it offers. This influenced their understanding of how cultures and people interact to shape the reality we experience, ultimately leading to a much broader perspective on life and travel. 10:38 Therese's Italy visit, amazed by David statue's impact on her perception of art. 19:06 Michael discusses the transition from writing creatively to incorporating journalism and SEO keywords. They express a realization that personal experiences and deeper connections resonate most with readers. They emphasize the importance of telling stories in a unique, non-traditional way to create reader engagement. 25:17 Michael discusses his interest in AI for research, mentioning their upcoming panel at a travel writers' conference and their use of AI for story ideas. They express both fascination and unease with AI's capabilities, sharing an anecdote about using it to generate a specific request. 26:38 A program can generate requested photos, but the accuracy may not always be guaranteed, as real-life details may be overlooked. 33:12 Success in content creation can be achieved by focusing on a niche audience rather than trying to appeal to everyone. It references the concept of "1,000 True Fans" by Kevin Kelly, who argues that having 1,000 dedicated supporters who consistently pay for your content can lead to a sustainable income. The text suggests that creators don't need to have a broad following to thrive in today's world. 39:59 People value authenticity, but the shallowness of social media leads to a focus on superficial qualities like aesthetics and follower count. The obsession with Instagram-friendly content and the game of gaining and losing followers eclipses genuine engagement. 46:59 To succeed in the outdoor and travel media industry, one must be prepared to take on a variety of tasks, from writing and photography to working for destinations. It's a multifaceted world that requires perseverance, while staying true to oneself is also crucial. 50:03 Giving away content for free diminishes its value and affects the ability to sustain a livelihood in travel writing. This parallels the decline of newspapers when they offered online content for free, leading to current expectations of free access. Diluting quality for free offerings may hinder future opportunities in the travel writing business. 54:06 Experienced influencers emphasize unique, detailed content creation and collaboration, prioritizing involvement and avoiding generic itineraries. Their approach stands out in the travel industry. 01:00:07 In group settings, time is limited for in-depth questions. It's better to keep your best questions to yourself and ask them later to avoid sharing valuable information with everyone else. 01:05:31 Michael always brings his inflatable camp pillow on trips for comfort and support because he finds pillows at accommodations uncomfortable. 01:14:26 The text emphasizes the importance of correctly spelling "high travel tails" for easy Google search results. It also mentions the authors' individual Instagram accounts and encourages subscribers and followers. 01:15:52 The Outdoor Biz Podcast with Rick Saez thanks listeners for tuning in and encourages them to visit the website for show notes and to subscribe and share the podcast. Thanks for listening and visiting our website. Don't forget to subscribe and spread the word! Learn More You can learn more about HI Travel Tales and Michael & Therese HERE Next Steps If you enjoy interviews devoted to the outdoor industry, find us online at ricksaez.com/listen. We love likes and comments, and if you know someone who is also an outdoor enthusiast, go ahead and share our site with them, too. Keywords #Adventure travel, #HI Travel Tales, #Photography, #Travel Writing, #Outdoor experiences, #Adventure gear, #Backpacking, #Adventure Travel Destinations, #Responsible travel Podcast produced using Descript, CastMagic Podcast hosted by Libsyn use code 'outdoorbizpod' for 20% OFF Show Notes powered by Castmagic Website powered by Wordpress Note: As an Affiliate of Amazon and others, I earn from qualifying purchases.
Interview with Michael Hodgson, CEO of Serabi Gold PLCOur previous interview: https://www.cruxinvestor.com/posts/serabi-gold-lse-srb-on-track-to-double-gold-production-with-no-share-dilution-4190Recording date: 3rd March 2024Serabi Gold (LSE:SRB, TSX:SBI) presents a compelling investment opportunity for those seeking exposure to the gold sector. The company's recent success in renewing its mining license for the Coringa project, combined with its plans to increase production and focus on high-grade ore, positions Serabi Gold for significant growth in the coming years.The successful renewal of its mining license for the Coringa project provides the company with the confidence to move forward with its plans to expand production from 30,000 ounces to 60,000 ounces over the next 18-24 months. To achieve this production growth, Serabi Gold is employing a capital-light approach, focusing on high-grade ore and ore sorting to maximize the efficiency of its existing facilities. This approach allows the company to increase production while minimizing capital expenditure and dilution for shareholders.Central to Serabi Gold's strategy is its focus on high-grade ore. By targeting higher-grade material, the company can improve margins and profitability, even with a relatively small production base. In addition to its focus on the Palito and Coringa projects, Serabi Gold is exploring growth opportunities through its exploration alliance with Vale. This alliance, which focuses on copper and gold prospects, provides Serabi Gold with exposure to potential new discoveries without the need for significant capital investment. The company is also actively exploring satellite deposits around its existing operations intending to identify new resources to support future production growth.Serabi Gold's operations are well-positioned from an environmental, social, and governance (ESG) perspective. The company's underground mines have a small footprint, and the planned transition to hydroelectric power will significantly reduce diesel consumption and improve the company's carbon footprint. With a strong ESG profile, Serabi Gold is well-aligned with the growing demand for sustainable and responsible mining practices.The current macro environment, characterized by economic uncertainty, low interest rates, and potential inflationary pressures, has renewed interest in gold as a safe-haven asset and a hedge against inflation. In this context, junior gold miners like Serabi Gold, which focuses on high-grade, low-cost operations, are well-positioned to benefit from the increased demand for gold and the potential for rising prices._View Serabi Gold's company profile: https://www.cruxinvestor.com/companies/serabi-goldSign up for Crux Investor: https://cruxinvestor.com
Interview with Michael Hodgson, CEO of Serabi Gold PLCOur previous interview: https://www.cruxinvestor.com/posts/serabi-gold-lsesrb-a-deep-dive-into-cost-savings-improved-cash-generation-in-2023-3767Recording date: 9th October 2023Serabi Gold plc (LSE: SRB, TSX: SBI) is a gold mining and exploration company focused on Brazil. The company operates the high-grade Palito underground gold mine in the Tapajós region of northern Brazil, as well as the Coringa gold project located nearby.In 2022, the company produced 32,000 ounces of gold. Serabi Gold expects to produce between 33,500-35,000 ounces in 2023.The company is advancing development of its Coringa project, located 200km south of Palito. Coringa has a resource of 195,000 ounces of gold in the measured and indicated category at a grade of 8.2 g/t gold. Coringa is expected to significantly increase Serabi's production profile once permitted and developed over the next few years.Serabi Gold sees exploration potential to expand resources at its current operations and make new discoveries within its extensive land holdings in the Tapajós region. The company has an exploration alliance with Vale to fund drilling of bulk tonnage exploration targets.Key investment highlights for Serabi Gold include consistent production from Palito and Sao Chico, resource growth potential, exploration upside in an underexplored district, and potential re-rating as Coringa doubles production. Near-term catalysts are the final permitting of Coringa, expanding production through optimized mining, and exploration results from drill programs underway.View Serabi Gold's Company Profile: https://www.cruxinvestor.com/companies/serabi-goldSign up for Crux Investor: https://cruxinvestor.com
In this bedtime story you are a mischievous yet lovable goose!Suitable for all ages.Narrated by Jamie FirthWritten by Chris Winson LongleyMusic by Michael HodgsonProduced by Magdoos Media Limited© 2023 Magdoos Media Limited - All Right Reserved ★ Support this podcast on Patreon ★
Hear about one of the UK's leading employee-owned businesses and the benefits of EO from Michael Hodgson, Chair of GLIDE, the employee ownership board representing shareholders at Sheffield based the Gripple, Loadhog & GoTools group, and learn how their governance structure helps drive productivity, innovation and success. Originally broadcast 20th June 2023 on Open4Business on NLive Radio
In this bedtime story you explore the garden as a minature version of yourselfSuitable for all ages.Narrated by Lucy RoslynWritten by Tamer AsfahaniMusic by Michael HodgsonProduced by Magdoos Media Limited© 2023 Magdoos Media Limited - All Right Reserved ★ Support this podcast on Patreon ★
For more information about the bedtime stories and to download the Kid's FREE interactive magazine, visit www.checkpointkids.comSuitable for all ages.Narrated by Cate BarrWritten by Chris Winson LongleyMusic by Michael HodgsonProduced by Magdoos Media Limited© 2022 Magdoos Media Limited - All Right Reserved. ★ Support this podcast on Patreon ★
On today's episode we welcome American explorers Robyn and Michael Hodgson. The couple discuss the reason for exploring abandoned locations and why they love urbex. Our guests share many stories from being classic American guns & cops encounters, falling through broken floors and being stuck to coming across an old and smelly lady living in abandoned house among many, many others. They wrote and published a book called Abandoned Pennsylvania: Ruins of the Family Dream. You can find Robyn's Instagram at morning_reveries and Michael is dorianhelix. Chasing Bandos Podcast is available on chasingbandospodcast.com or your favourite podcasting app. Check out the pictures of our guest on Instagram at chasingbandospod. And if you feel like supporting the podcast check out the Patreon: patreon.com/gregabandoned You can get in contact by email: contact@gregabandoned.com Intro song is Watcha Gon' Do is performed by Chris Shards [EPIDEMIC SOUND MUSIC LICENSE]. At the end of the episode I play a song called CTRL performed by Lazy Habits, kindly provided by James Collins. Viewer discretion announcement at the beginning of the episode was done by Adrian Wunderler-Selby.
Comprehensive CoupleCo convo some award-winning expert travelers? How does that even happen? What is award-winning expert travel, anyway? Therese Iknoian and Michael Hodgson are epic travel bloggers as well as award-winning entrepreneurial journalists. (Therese was even part of a Pulitzer-winning reportage team.) These two have segued from traditional news professions into profitable nex-gen careers spanning the globe and discoursing on all things travel…
With summer travel exploding nationwide, how about a conversation with some expert, career travelers? Therese Iknoian and Michael Hodgson run the epic travel blog HI Travel Tales. But these two are not your run-of-the-mill travel bloggers. They're both award-winning journalists, and they've parlayed their news professions into a profitable next-act career as globetrotting authorities on all things travel. They offer some unique insights into working and traveling together, and it even involves stuffed animals…
Interview with Michael Hodgson, CEO of Gold-Producer Serabi Gold (LSE: SRB, TSX: SBI)
Interview with Michael Hodgson, CEO of Gold-Producer Serabi Gold (LSE: SRB, TSX: SBI)
Interview with Michael Hodgson, CEO of Gold-Producer Serabi Gold (LSE: SRB, TSX: SBI)
Interview with Michael Hodgson, CEO of Gold-Producer Serabi Gold (LSE: SRB, TSX: SBI) Our latest update with Brazilian gold-producer, Serabi Gold. Gold has been on a bull run, but Brazil has struggled more than most to mitigate the impacts of COVID-19. Exploration has been curtailed for now, but plenty is on the horizon and it looks exciting for gold investors. Serabi Gold should be able to finance its exploration from cash flow, and its strong cash position can be used for a variety of strategic purposes. It currently awaits its mining permit for Coringa before gold production can really get moving. Average grade is down and total mined production is down, but only slightly, and both for logical reasons. The new ore sorter could completely alter Serabi Gold's value proposition once it is fully integrated into the entire Serabi Gold production process. Promising times are on the horizon for this gold player. What did you make of Michael Hodgson and Serabi Gold? Comment below and we will respond. Company page: https://www.serabigold.com/ Explore More Here: www.cruxinvestor.com Join our Club's waitlist: www.club.cruxinvestor.com For FREE unbiased investment information, follow us on Twitter, LinkedIn and Facebook: https://twitter.com/cruxinvestor https://www.linkedin.com/company/crux-investor/ https://www.facebook.com/cruxinvestor If you got value from this interview, please subscribe.
Interview with Michael Hodgson, CEO of Serabi Gold (LSE:SRB, TSX:SBI)We last touched base with Hodgson in May. This time around, he's here to discuss the outlook for 2020. Like most gold producers, Serabi Gold is likely to miss is guidance for 2020, but not by as much as investors would expect. The company has mitigated the impacts of the market reset and COVID-19 effectively.Sprott is out of the picture, and now the company is debt-free and cashed-up, it can proceed forward with exciting gold exploration at Sao Chico, in addition to creating operational optimisations at Palito and Coringa. This gold producer has been consistently on the up, but now Hodgson has put his foot to the floor, and Serabi Gold appears to be accelerating into top gear. Company page: https://www.serabigold.com/Make smarter investment decisions, subscribe here: https://www.cruxinvestor.comFor FREE unbiased investment information, follow us on Twitter, LinkedIn and Facebook:https://twitter.com/cruxinvestorhttps://www.linkedin.com/company/crux-investor/https://www.facebook.com/cruxinvestorTake advantage, hear it here first: https://www.youtube.com/CRUXinvestor
Interview with Michael Hodgson, CEO of Serabi Gold (LSE:SRB, TSX:SBI)Serabi Gold has been one of our favourite gold stories. Share price has treble since we started following them. The team has managed to create a strong, stable operation at the Palito and Sao Chico gold mines in Brazil, but with the debt financing agreement (convertible loan notes) for second acquisition, Coringa, looking to be settled, Serabi Gold can push the cross-mine AISC down towards the US$1,000/oz figure, and double production to c. 80,000oz+ per annum of gold. The Q1/20 production figures were released recently. There's an article on www.cruxinvestor.com, but why not hear from Hodgson himself?What are the highlights?- Cash position – US$14.23M at year-end- Net cash – USD$5M- AISC slightly up on 2018 – US$1,081/oz- EBITDA – US$17.2M- Average gold price received – US$1,376- Total mined ore up 8% (at an average grade of 7%)COVID-19 has negatively impacted most gold producers, but Serabi Gold has managed to successfully mitigate any potential ramifications. It has achieved this through sensible workplace safety practices, and the health & safety stats are also pleasing. Rotating the workforce has been very effective. Any junior gold miner would be chuffed with those numbers. Serabi Gold has now started allocating some money towards exploration for the first time in a while. With its strong cash flow, and with most of its debt finally being repaid, Serabi Gold has now freed up its capital for growth. This could get the market even more excited. The focus is currently on step-out drilling at the west of Sao Chico. Hodgson thinks the company is working its way towards a geophysical anomaly that the company has already been drilling at. There is a possibility the two could connect, resulting in some serious upside for Serabi Gold.What about the much-discussed ore sorter, which could have a further transformative impact on Serabi Gold's economics? Serabi Gold recently conducted a preliminary test on it. What is the feedback? Hodgson claims the thing is "absolutely singing," which will be music to gold investors' ears. He doesn't have the stats for April just yet, but in March it was upgraded to pass 2,500t at a grade of c. 3g/t, and it screened out a little over 300t at a grade of 21g/t, the rest was 2,200t at a grade of 0.7g/t. Through April, the grades at Palito (50% of feed ore) went up from the usual grade of 6.5g/t to 9g/t. Overall, combined with the non-ore-sorted Sao Chico ore, it is giving the average grade a 1g/t uplift. This might not sound like a lot, but it's a big change. He expects another healthy increase in the Palito feed grade through April, which will free up space at the production plant to use for better quality material. Smart.Will the exploration plans distract Serabi Gold from Coringa? It's certainly a nice problem to have, with organic growth in the company's "backyard." Hodgson states Coringa is still just as important. Adding ounces at a low cost gives Serabi the cash flow it needs to grow, and he is not going to forget that anytime soon. Coringa is a very advanced project that Hodgson will continue to focus on. Another focus will be on the areas surrounding Serabi Gold's producing assets because the company will eventually need to expand its processing plant somewhere. The company has been successful at chasing high-grade veins, but now Hodgson is talking the language of bulk production. However, one of the biggest problems in Brazil is power. He claims the mining infrastructure is improving in the region every day. The company is constantly assessing its cost profile, and its eventual wish is to add in some open-pit production.Hodgson acknowledges that Brazil is struggling, especially with its lack of medical infrastructure, but states he is confident Serabi will do what it can to keep producing. He states Serabi Gold might not make the guidance numbers it predicated at the pre-COVID-19 start of the year, but if the company reaches 90% of it, nobody will complain, especially at the current gold price. The exchange rate is also on the company's side. Company page: https://www.serabigold.com/Make smarter investment decisions, subscribe here: https://www.cruxinvestor.comFor FREE unbiased investment information, follow us on Twitter, LinkedIn and Facebook:https://twitter.com/cruxinvestorhttps://www.linkedin.com/company/crux-investor/https://www.facebook.com/cruxinvestorTake advantage, hear it here first: https://www.youtube.com/CRUXinvestor
Interview with Michael Hodgson, CEO of 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.We also discuss the Q1/20 Operational Announcement. Feb production was impacted by an unexpected failure of a ball-mill, which was down for 2-weeks. However the new ore-sorter, allebit in a test period, is delivering astonishing results. Hodgson gives us an indication of the sorts of numbers it is delivering and can expect to continue delivering. The quarter ended up only slightly down on production forecast as a result.Coringa is still progressing. Progress is slow as Greenstone wanted to evaluate the market to ensure that right amount of capital is available for the company. They have agreed a payment plan with Equinox and Greenstone involving a payment plan. All parties are agreed as money is being paid in a manageable way and les Serabi pay down the Sprott debt in full by the end of June. It also means that Serabi has cash on hand at all points. And what it means is that Coringa will, when mining resumes to normal levels, be able to double the production numbers as expected.Currently it is business as usual for the moment. March figures where above forecast (best aver month on record), and expectation is that April will be similar. COVID-19 precautionary measures have been taken but the company is looking at the situation on a daily basis.Apologies for not grilling Hodgson, but the line was quite poor, so conversation was difficult to have. They seem on top of things for now and we look forward to resuming normal conversations eventually. Company page: https://www.serabigold.com/Make smarter investment decisions, subscribe here: https://www.cruxinvestor.comFor FREE unbiased investment information, follow us on Twitter, LinkedIn and Facebook:https://twitter.com/cruxinvestorhttps://www.linkedin.com/company/crux-investor/https://www.facebook.com/cruxinvestorTake advantage, hear it here first: https://www.youtube.com/CRUXinvestor
Michael Hodgson (on Pitch Black - 'Third Light' Dunedin album release show) Interview by Rafael Clarke on Radio One 91fm Dunedin
Michael Hodgson (on Pitch Black - 'Third Light' Dunedin album release show) Interview by Rafael Clarke on Radio One 91fm Dunedin
Interview with Michael Hodgson, CEO of Serabi Gold (LSE:SRB, TSX:SBI).Off the back of yesterday's press release, Mike spoke to us to give us a bit more colour on the details about:1. The Public Hearing2. The result of the first months test on the new ore sorter.Company page: https://www.serabigold.com/Make smarter investment decisions, subscribe here: https://www.cruxinvestor.comFor FREE unbiased investment information, follow us on Twitter, LinkedIn and Facebook:https://twitter.com/cruxinvestorhttps://www.linkedin.com/company/crux-investor/https://www.facebook.com/cruxinvestorTake advantage, hear it here first: https://www.youtube.com/CRUXinvestor
Interview with Michael Hodgson, CEO of Serabi Gold (LSE:SRB, TSX:SBI).2019 was a good year for most gold companies, including Serabi Gold, who saw its share price treble. Now Serabi is looking to push on to achieve the Gold returns shareholders will demand.Serabi’s debt to Sprott Lending Partnership, c. US$6.5M, and Equinox Gold Corp., US$12M, has been looking. Rather than raising equity to resolve the problem, Serabi Gold has opted for US$12M of convertible notes with existing shareholder Greenstone Resources, which will enable them to pay back Equinox. The remaining debt owed to Sprott will be settled from cash reserves. This wards off dilution for now, but if Greenstone decides to convert notes into shares rather than cash that would suggest the company has delivered on its production targets and the share price has bounded on further.Serabi Gold will now look to push forward with the development of Coringa, which is geophysically and metallurgically similar to Palito, but with a higher gold grade of 8.34g/t. They will likely use their freed-up cash flow to bring Coringa through to production by Q1/21, with the target of a combined, cross-mine AISC of c.$950. Investors will want to see eventual production double.Serabi will use the majority of the c. US$14M in the bank to develop Coringa, introduce an ore sorter at Palito and continue exploration at San Chico. Serabi Gold appears to be well set up to build on last year's 40,000oz+ gold production figures. Let's keep watch and see if they can deliver.What did you make of Michael Hodgson? Is this the debt solution you were expecting? Is Serabi the gold junior for you?Company page: https://www.serabigold.com/ Make smarter investment decisions, subscribe here: https://www.cruxinvestor.com For FREE unbiased investment information, follow us on Twitter, LinkedIn and Facebook:https://twitter.com/cruxinvestor https://www.linkedin.com/company/crux-investor/ https://www.facebook.com/cruxinvestor Take advantage, hear it here first: https://www.youtube.com/CRUXinvestor
We are back in Grass Valley, California with travel writer/photographers Michael Hodgson and Therese Iknoian and their globe-spanning blog, HI Travel Tales. These award-winning journalists have transformed their print careers into digital success and are loving life. In this episode, we discuss the importance of acknowledging who’s the boss—and how that can be less challenging than you might imagine. A couple in business also requires a certain level of trust, and must be able to call BS on each other. A sense of humor is key. We discuss a quality that creative pros are good at, and which might be good in your own relationship. Remember to never treat your spouse merely as a colleague. Working together is a dance. And, does everyone really end up, at some point, being intolerable?
We’re in Grass Valley, California with travel writer/photographers Michael Hodgson and Therese Iknoian of HI Travel Tales. They’ve been to all 50 states, and 45 countries on all 7 continents. Both are award-winning journalists—there’s even a Pulitzer—and they transformed their careers from print to digital and are loving life. He was once a consultant, but gave it up because he couldn’t hold back—an apt metaphor for their lives together: they can’t do anything just halfway. The challenge of loving your work, being good at it and driven to do it, is that it becomes hard to not work. We also talk about bad places to take phone calls. And what’s it like being “old farts with ethics?” (They’re not that old, frankly.)
Interview with Michael Hodgson, CEO of Serabi Gold (LSE:SRB, TSX:SBI)Having flatlined for 4 years. Looking to double their production and get to 80,000 oz by getting their recent acquisition to market. High grade selective mining. It's an old story which is looking to getting going again. Like most junior gold miners for the last 4-5 years, the only thing holding them back was access to money so they have had their head down focusing on producing at 40,000oz at a steady state fr the last several years. That is not an exciting level. Most small institutional funders are looking for 100,000oz pa. So what has Serabi done to change things are make this story relevant again for investors? We get the back story and find out how they plan to sweat their current assets and more importantly how they intend to fund it.With Gold above $1,500 they are finally making a reasonable margin, even for an underground operator. We find out how they have structured their debt and what happens next. What do you think of their plan?Retail investors have started to get interested again. And a couple industry strategic players involved. It feels like a new story as shares have started moving in the right direction. That said what we like is that they appear to be sticking to what they know and are targeting growth from very similar assets. Existing greenfield and brownfield also look promising.A very open and confident pitch by the CEO. They have always had a plan, and now with the cash and cash flow and they seem to know how to deliver it. We follow with great interest.Company page: https://www.serabigold.com/Make smarter investment decisions, subscribe here: https://www.cruxinvestor.comFor FREE unbiased investment information, follow us on Twitter, LinkedIn and Facebook:https://twitter.com/cruxinvestorhttps://www.linkedin.com/company/crux-investor/https://www.facebook.com/cruxinvestorTake advantage, hear it here first: https://www.youtube.com/CRUXinvestor
This episode I interview Michael Hodgson who is a travel writer, photographer, story teller, and business owner. He started HI Travel Tales with his wife. You can check out what they are up to at https://hitraveltales.com . He has also authored many books related to the adventure travel/ outdoor world. You can review and purchase some of those at https://www.amazon.com/Michael-Hodgson/e/B000APK4M4.
Chez Chesak is our guest on this episode of My Travel Tales. Your travel host and guide for this short podcast journey is Michael Hodgson. Learn how Chez feels about Staycations, what travel misadventure he once had that actually turned out quite well, five things he always travels with (including pants thankfully) and a few surprises. My Travel Tales is a HITravelTales.com production.
Michael Hodgson and Paddy Free of Pitch Black talk us through their collaboration with Phil Dadson's From Scratch project.
Medical Grand Rounds with Michael Hodgson, MD, MPH
Academy of Art University Presents: An Evening with Michael Hodgson
with guests:Beth Whitman of Wanderlust and LipstickMichael Hodson of Go, See, Write
Michael Hodgson once again takes you on a whirlwind tour of Interbike 2010, and shows you what’s new and hot for the coming year.
Michael Hodgson is a DJ and a designer and is co-founder of the design firm Ph.D.
Michael Hodgson is a DJ and a designer and is co-founder of the design firm Ph.D.