Amerisur Resources Share Discussion Threads

[al101uk] 09/5/2017 13:35

Nothing wrong with it, just no "wow" moment or clarification on the questions we've had voiced here for some time.

It adds nothing to my model.

[big7ime] 09/5/2017 13:28

I don't know, I think it's pretty bullish

[al101uk] 09/5/2017 13:26

Hope it's more exciting that the official version ;-)

[moneylender] 09/5/2017 13:21

Just back from the pub!

AGM report shortly

[big7ime] 09/5/2017 12:55

Is according to Malcy how he knows I don't know
And even more confusing it's Malcy on Malcy

[tsmith2] 09/5/2017 12:53

Hoping that's last of our sellers!

[davwall] 09/5/2017 12:42

2 Mil plus share sale just gone through...

[valentine] 09/5/2017 12:36

Any sign of blocks/fields in Ecuador vhr area?

[big7ime] 09/5/2017 12:28

Is Malcy the Oil analyst or the internet tipster? I get the two confused

[valentine] 09/5/2017 12:22

So, is there anything happening during the silly season bar Henley and a Cricket event or three? Should i book the grandstand caffe at Doncaster?

[charlieeee] 09/5/2017 12:15

Well, if you look at the slides, with CPO 5 performing, Dec 2017 exit rate is closer to the 10,000 BOPD.

Both of those slides seem to be the "pessimistic case".

It is always difficult to predict and low targets do lead to less disappointment.

[westmoreland lad] 09/5/2017 12:03

From Malcy this am ----------->

With so much good news in recent weeks from AMER, Chairman Giles Clarke in his AGM statement this morning had little left to add but he did let out a few pearls to the shareholders watching and reading. Activities in the year to date have exceeded the board’s expectations with production growing, exploration success and the social environment improving as the peace process evolves. With the recent discoveries at Platanillo-22 and Mariposa-1 in the Llanos Basin confidence is high and the company has accelerated the drilling schedule and will now drill 16 wells by the end of 2018. Finally the guidance for production is firmed up, an exit rate for this year is now ‘on track’ for a more confidant 7/- b/d whilst the board ‘consider 20,000 bopd of production to be a realistic and achievable medium term production target’. This is very much what the punters wanted to hear and with costs down significantly things are very much back on the up for Amerisur…

[al101uk] 09/5/2017 11:51

I think harrisun just won the AGM caption contest with:

"What shareholders, I see no shareholders"

:-)

[mintington] 09/5/2017 11:49

Eddie...I believe the 6000-7000 bopd will be an average....as we started at 3500 in January , we should therefore be hitting 9000+ in December i.e. exiting 2017

[al101uk] 09/5/2017 11:48

Eddie,

No, it just means that their target is low to ensure they can claim success.

[al101uk] 09/5/2017 11:47

bwd,

I noticed that and also the last page of the presentation with six partners, two crossed out with Amerisur bought these written underneath.

Was their intention to inject some humour in to the AGM?

The tales of JW, a humorous account of Oil in Colombia.

[eddie_yates] 09/5/2017 11:46

Page 3 states 2017 Target Production is 6000 to 7000 BOPD which contradicts Clarke's statement from todays AGN RNS "We are on track to deliver a 2017 exit rate of production of more than 7,000 barrels of oil per day

[thetoonarmy2] 09/5/2017 11:39

18,000 of shares sold in several small lots caused it to drop below 25p mms playing it down, ah well let's see what happens next few days hope you found a more confident feeling at the AGM.

[bigwavedave] 09/5/2017 11:37

Why are there photos of someone bailing out a boat, and another showing a man with his head in a box? Hope it's not some kind of metaphor.

[al101uk] 09/5/2017 11:23

New presentation uo.

[9barracuda] 09/5/2017 10:42

As you say Trots but nothing new.....I'd be interested in the unscripted comments about cpo5 however

[adam] 09/5/2017 10:08

I'm not going to the AGM but I'll see you all for the XMAS Poundland knees-up!

[bryet] 09/5/2017 10:05

All good news in my view the share price is far too low can see this taking off over next few weeks.