Amerisur Resources Share Discussion Threads

[lucyp00p] 30/9/2016 21:00

We are all amateurs here, otherwise we wouldn't be here

[foiledagain] 30/9/2016 20:58

Can understand that thought...but they also have a good track record in news deserts of coming up with a final deal that explains why a news desert was in company's best interest....plat for exampje

[big7ime] 30/9/2016 18:56

Coiled spring

[francis55] 30/9/2016 17:49

I need to congratulate the ones on this post who are long term in this share because the total lack of company updates at key times, good or bad has to be against AIM rules. Like I said last time round as soon as I get clear of my investment I am gone. I am up 22% on Tullow Oil over 7 days simply by tracking the price of oil, there is something wrong with this business which management are hiding. I get it that this post will be shouted down by those stuck in their positions.

[valentine] 30/9/2016 16:47

Dig it bas! Dig it! Monday looking fallow to me.

[bigbas] 30/9/2016 16:46

I shall be out gardening on Tuesday - I wonder ?????

[valentine] 30/9/2016 16:21

This morning's conviction ebbing. Bertie ain't showed up, again. Maybe a late after hours tara-tara and a fanfare on the bugle mondatorning. Oh well trying to keep spirits up. My under 25p buy looked good then but going a bit cheaper now. It Friday ffs ..bas?

[bigwavedave] 30/9/2016 16:07

POO up. Brent now $50. Even Deutsche Bank back up. Amer?

[valentine] 30/9/2016 15:52

If there is to be a Friday Bertie then should start about now. Someone has been stashing sub-25p all day. Not excluding myself. The as the pithy bas with hos famed economical retort says. Wtfdik. Other than Monday is another month and summer is over.

[lucyp00p] 30/9/2016 15:10

Who knows? Not me that's for sure

[bigwavedave] 30/9/2016 14:48

bigbas #45045 agreed.

It wouldn't surprise me to learn that AMER has already started exporting small amounts. I remember JW saying that the pipeline had to start slowly and then build up gradually. Are they waiting until they are sure everything is working and they have a respectable daily figure to report? Or are they still waiting for the final Ecuadorian rubber stamp? No ideal personally, obviously. Usual uninformed guesswork.

[big7ime] 30/9/2016 14:06

Thanks oilandgas and Francis and others that kindly posted info and their views, much appreciated. Old posters sometimes forget there are always new investors that appreciate reading updates of "old" info as it makes it clearer when making or backing an investment decision.
I'm thinking poo will steadily rise to around 60$ this yr which'd make Amer look attractive under 35

[seball] 30/9/2016 14:04

News early next week IMO. Would not want to be out over the weekend in case news hits Monday..

[valentine] 30/9/2016 11:43

Over 24.80p are buys imo.

[tonyrelaxes] 30/9/2016 11:20

I would expect them to RNS it.

If only because it is an initial trigger point towards the free "project based" options we generously gave them.

[adam] 30/9/2016 11:01

So have exports commenced or not? Will they RNS it?

[valentine] 30/9/2016 10:56

Yes Dave. Awaiting an Investec note to restore the faith.

ps My buy is down as a sell.

[bigwavedave] 30/9/2016 10:15

Val, I believe First Energy regard mgt production figures for end 2016 as conservative with OBA open.

[susdit] 30/9/2016 09:51

Sadly Charlieee, Reality = an illusion brought on by a deficiency of alcohol. :-)

[meneither2] 30/9/2016 09:36

It looks like there is a persistent seller but that can be for any number of reasons not necessarily that they think the share is doomed. We just need to see the oba actually delivering for things to move forward. I wonder if they will just say at some point that x barrels have been transported over the last y time frame? As opposed to we're opening the taps today?

[valentine] 30/9/2016 09:32

Stifel UK also have a +ve note out

[charlieeee] 30/9/2016 09:05

I think you will find, Francis, that assumptions have been based on the oil price in H1 and there would therefore be additional upside at current oil prices.

As for Rex Harbour, his significant holdings reduction was pre March and there is no evidence to suggest that he joined in the recent "raid": he was exiting high 20s not low 20s. Why would he want to "rip the life out of this share" when he is a significant holder?

The "reality" is that the OBA is key (volume profit and spare capacity) and "50 dollar oil" would ice the cake.

C

[valentine] 30/9/2016 08:49

Very +ve note from these who went to Putumayo. Anyone subscribed?

[francis55] 30/9/2016 07:44

Big Bigtime7 Amer are debt free and relatively strong financially but missed first half figures but forecasting strong second half based on oil price rise and OBA pipeline reducing costs. I suggest you track an oil stock that rides on the wave of the price of Oil such as Tullow as AMER is notorious in breaking deadlines and 30p tops this year and that's based on them hitting 7k bopd and selling the OBA to other producers in the region. Reality is 60 to 70dollar oil for this to fly not to mention Rexy boy ripping the life out of this share when ever he likes.