Amerisur Resources Share Discussion Threads

[tsmith2] 27/7/2017 17:38

Some v decent buying into the close

[davwall] 27/7/2017 16:11

It certainly feels a little more stable, as if the bottom has been touched. Fingers crossed for some good news, or at least a more upbeat monthly update in a week (or three).

Just been through the paper covering today's ONGC board meeting. No mention of Colombia or buying Amer out, sadly... (Although they have been splashing out for other projects, so it's always possible).

[quidnunc] 27/7/2017 15:48

The past seven trading days show a bit of stability appearing with the Tenkan appearing to delineate the support position.
It wouldn't take much for an upwards cross through the Kijun which would be positive but the road to recovery and blue skies is a long way from here still.
Q.

[blackdown2] 27/7/2017 15:34

Let's hope that GC can get his hands on a bigun too.

[davwall] 27/7/2017 15:11

For what it's worth, the share price of Eco Atlantic Oil & Gas, with no current confirmed reserves and nil production, has today ticked up above Amer, which has quite a lot of reserves and some production. The uplift comes after Eco confirmed yesterday they and partner Tullow have commenced a 3D survey of 2500 sq klm offshore Guyana. However, the signs are that it could be a bigun. (And yes I do hold a few, but am not a ramper - honest). Crazy situation.

[quidnunc] 27/7/2017 13:38

A very pleasant evening, so much so that I had to wait a couple of hours before daring to drive back this morning.
The Bree had a great variety of beers on offer and as usual was rammed and buzzing.

The Great Nep has changed, both the decor and the menu, but there was still Haku choyala to start and a glass of rum to finish.

Some very interesting conversations about Chaco and Amer events going back over the years but no clear insights into the current moribund state of the share price

There is a worry that the share price at this level makes a takeover a steal & with JW buying shares in Iron, one wonders whether his commitment and attention is wavering.

The Oleoducto, its actual and average capacity came in for a lot of speculation.

& of coure, Brian and his contribution was discussed and appreciated as well as being missed of course.
Q.

[aceuk] 27/7/2017 13:24

I'd guess (from conversations I've had with people far higher up the food chain than me) government knows exactly how close vehicle manufacturers are to the thing after batteries - couple of years was mentioned recently. Shell executives are apparently expecting peak oil demand within the next decade as EV begins to take over.

[ladeside] 27/7/2017 12:26

Quite obviously this Electric Vehicle nonsense is a pure and utter con job. For a start there's nobody in Govt that seriously gives a toss about the environment and secondly the UK has no issue whatsoever with major pollution in the air in the first place.

Furthermore, there's absolutely no infrastructure in place to support the charging of these vehicles and the logistics involved would appear to be unsupportable, especially when it comes to the power grid.

All pie in the sky I'd say........

[harrisun] 27/7/2017 11:57

These countries announcing EV's by 2040. They must know oil production is going to be desperately short of what they need by then and the U.S. know as they had a report in 2010 that showed it and Saudi cable leaks

Funny too that Nitrogen dioxide levels in UK have been dropping 5% per year since 2009 and expected to carry on as older vehicles are displaced by cleaner ones.

Will use up millions of barrels of crude more to get these EV's built to no effect

IVL The Swedish Environment Institute has, on behalf of the Swedish Transport Administration and the Swedish Energy Agency, investigated the climate impact of lithium-ion batteries from a life-cycle perspective. The batteries for electric cars were included in the study. The two authors—Lisbeth Dahllöf and Mia Romare—have done a meta-study, that is, reviewed and compiled existing studies.

The report shows that battery manufacturing leads to high emissions. For each kilowatt-hour of storage capacity in the battery, emissions of 150 to 200 kilograms of carbon dioxide are generated in the factory. The researchers have not studied the individual car brand batteries, just how they were produced or what electrical mix they used. But to understand the importance of battery size, two standard electric cars on the market, Nissan Leaf and Tesla Model S, have batteries of approximately 30 kWh and 100 kWh respectively.

Oil will go to $150 as these reports on transition to EV show desperation in the face of futur oil shortage dressed up as glut

[lucyp00p] 26/7/2017 22:34

Thoroughly enjoyable evening. Sadly no questions answered but Val, you will be missed

[bigwavedave] 26/7/2017 21:51

On the train back home now. Sorry I had to push off early. Great to meet up with Tony, Quid, Westie, Lucy and Matt. Beer was good. Great Nep starter was excellent. Some interesting ideas and general banter exchanged. Above all, a toast to Val, who we will miss a lot. And in that spirit: It's Thursday tomorrow!

[doughboy66] 26/7/2017 21:01

And so say all of us.😂

[doughboy66] 26/7/2017 18:04

I'm raising a glass at home in the memory of Val.
Hats off to you guys that made it and are honouring his memory,have a good one.🍷ㇲ3;

[bigwavedave] 26/7/2017 17:32

I am at base camp.

[9barracuda] 26/7/2017 17:20

Be happy Val, wherever you are now....

[marnewton] 26/7/2017 17:11

A fond adieu from me...

M

[tonyrelaxes] 26/7/2017 16:37

On my way.

[bigbas] 26/7/2017 16:36

Sorry guys - tried but failed. Still with No.1 daughter trying to pack her off to HK.

Do raise a glass from me please

best wishes to everyone else that makes it

[bigwavedave] 26/7/2017 16:31

And wearing an Air Congo T-shirt.

[bigwavedave] 26/7/2017 16:10

I'll be the one selling the Big Issue outside.

[moneylender] 26/7/2017 16:06

Yeah give him a good send off lads.

[juuunx2] 26/7/2017 16:02

Sorry Lucy I have to drive a train tonight otherwise would of loved to raise a glass to Val

[bigwavedave] 26/7/2017 16:01

Me. See you at 6.