SRB

Serabi Gold PLC

Basic Resources First-pass screen £252m

170/1000 Overall fit

AI beneficiary 35% 0

Operating leverage 25% 30

Valuation 25% 30

Downside protection 15% 15

First-pass take

Brazilian gold miner with zero AI exposure. Forensic investigation into ~$340k unexplained cash withdrawals (2015–2020) raises material governance and control concerns. Document is procedural notice only, not substantive financial results.

Flags

forensic-investigationcash-irregularitiesmining-commoditygovernance-concernmicro-capno-valuation-datano-financial-data