Amerisur Resources Share Discussion Threads

[marnewton] 03/5/2017 10:13

Cheers, jonny.

M

[sharesure4] 03/5/2017 09:59

Cannot go to AGM next week because away. Unless anyone on here already knows the answer, I would be interested to know whether having a pipeline capacity of 70k b/d and only using a fraction of it causes problems and extra costs in order to keep the oil flowing properly.

[jonnycash1] 03/5/2017 09:13

Great stuff Mark. I am certainly expecting a big rise around the 8 May when this pennant completes - if not before when the drilling results come out!

[marnewton] 03/5/2017 08:29

I'm relatively happy with progress so far.

Having back-tested the breakout and almost confirming the double bottom (absolute confirmation requires closes above 25.00p), we continue to consolidate. We've stayed above the 8 day ESA (yellow), with one small exception, since the end of March - so, by that measure, the trend is up!

Daily indicators are getting a bit toppy, though there's more headroom on the weeklies.

The 200 day SMA (red) may provide some resistance; it's almost flat-lining, which will take some of the sting out of it - he said hopefully!

M


Log scale daily candlestick chart:

[quidnunc] 03/5/2017 08:17

Won't be quiet Val with Junker and pals trying to get Theresa out and JEREMY in so that they can negotiate with a weaker leader Who knows who Putin's boys favour but I'm guessing Jezza too!Fasten your seatbelt there could be some turbulenceAs for AGM I'm guessing that few mysteries will be resolved publicly but it might be possible to deduce from what is not saidBut would be happy to meet up for a ruby and a pint or two at the Bree nonetheless. Q.

[valentine] 02/5/2017 20:49

You and me too Q. Back in UK after AGM and hope to get a pint or n Bree and a ruby too. I've a feeling unless t I s and faith accomplish it will be a quiet summer, once again. GC isn't known to reveal his hand before a play.

[quidnunc] 02/5/2017 20:23

Thanks TonyA week to the Agm and still the sellers dead hand pulls the share price down with another shovel full of sharesI'm reluctant to buy any more until I get some clarity on the situation Maybe I'm too cautious and should take a leaf out of Gt Nieces book !Q

[tonyrelaxes] 02/5/2017 18:40

'Great Uncle'
The girls are getting on well and were at the Bolshoi for Tchaikovsky's Iolanta.
Not the best opera but the only performance on the 'historic' stage this week(National holidays).

[lucyp00p] 02/5/2017 15:15

Do they have a choice? I guess other fields are still transporting.

[tonyrelaxes] 02/5/2017 15:14

Ignoring storage volume changes, the production sold within Colombia during April averaged 194 bopd.

Not a lot?
Would the locals be happy about losing their trucking business incomes?

[lucyp00p] 02/5/2017 14:24

If the bod was looking at a buyout the news output would be slowing not getting better.

[harrisun] 02/5/2017 11:53

Northern Trust? What is their connection

[thetoonarmy2] 02/5/2017 11:29

Is Michinoko & the BOD trying to do a deal on a buyout, still think its whats happening the BOD maybe kicked RH out when he wanted to sell lets the price drift down and Michinoko buy em up cheap! Conspiracy theory maybe but why would the price have struggled with all the good news???

Michinoko:. If you look at the full structure its an amazing spider web of companies who actually owns Michinoko? Thats the question where do Northern Trust and Gentoo Fund Services Ltd sit in all this something strange going on but I am convinced it will lead to a serious price increase soon in spite of the shennanigans going on, maybe we will have a clearer idea by the AGM!

[blackdown2] 02/5/2017 11:01

The seller hasn't gone away.

[bryet] 02/5/2017 10:07

More good news but no share price rise and no report on the latest drill why?.

[currypasty] 02/5/2017 10:04

great news.. but looks like ending red... odd!

[adam] 02/5/2017 09:56

So just a mere $60m p.a operating cash flow from the OBA alone at $50/bbl oil price. No debt and a rising production profile. I'd hate to think what happens if the current macro oil over-supply turns to a deficit and the oil price goes up.

[gymratt] 02/5/2017 08:15

..and looks like the share price wants to complete the 'bowl' on the chart -->30p ;@)

[tsmith2] 02/5/2017 08:11

Goods news flowing now.

[doughboy66] 02/5/2017 07:58

The charm offensive continues before the AGM .😂

[francis55] 02/5/2017 07:57

Finally over 5000 peak which based on last months flow rates says we should be over 5000bopd in standard flow next month. OBA Capex will kick and profit will begin to grow.

[bibdaddy] 02/5/2017 07:26

RNS Out

Monthly throughput figures show average daily production up from

4345 bopd to 4845 bopd

Peak production 5280

[big7ime] 01/5/2017 20:58

Who knows really what's going on, not me and the odd Hdg rns doesn't really give us much info. I'd like to know who is behind mochinoko

Someone here was convinced this co had de-listed!