Amerisur Resources Share Discussion Threads

[charlieeee] 01/8/2017 17:48

The pipe line was an ambitious project and should be seen as a success.

It cost 18m and has a payback period of not much more than a year and that amount to the bottom line from then onwards.

If there is another episode of "shut down shale" it will be the difference between having to turn the taps off again and carrying on pumping at a profit.

The way I look at it is someone is handing us a cheque for $18m for the year, it might not be as much as we wanted, but I probably would still say thanks and well done.

Partly repeating an earlier post, I do want to see the 5000 BOPD going through consistently, I would like to know if there was some penalty for failure on the Ecuadorean side (I suspect that such a hostile approach would be counter-productive) and hope that with collaboration, the stored oil will soon also be flowing through Ecuador (and at the current enhanced POO, the "patience" bonus).

[bryet] 01/8/2017 16:26

Looks like the share price is just ticking over waiting for the next rns which must be due soon good news should move this back into the 20s at least.

[fsawatcher] 01/8/2017 15:02

the production number wudda grown but the sales volume will ave dropped

last update they say they can ony do 5k for sale

the other 1k to 1.5k barrels gotta go into storage

has any management been sacked yet for the mess up over pipeline?

who forgot to check on the status of pumpstation then?

as sugar says... your fired!

[davwall] 01/8/2017 14:20

Interesting to note the chairman of AA actually gets fired for gross misconduct...

[davwall] 01/8/2017 14:17

Looking back over today's trades, any suggestion the seller is gone is, once again, proven as wishful thinking - unfortunately...

[westmoreland lad] 01/8/2017 13:47

Harrisun -- Yes. From a recent post --------------->

westmoreland lad - 27 Jul 2017 - 20:49:03 - 2833 of 2875
Note on my return more unrest in the four AIM companies chaired by Clarke. All four
imho have much in common. He can FORGET any chance of a much hoped for knighthood.

Much in common = AMER / SMA / IRON / KENV

[bigwavedave] 01/8/2017 13:10

What's SMA got to do with it?

[bigwavedave] 01/8/2017 12:54

We could probably do worse than to follow Wardle's money into Ironveld. Expecting to be cash positive this month. Only half a ramp intended. Tipped on the Michael Walters site, apparently.

[ladeside] 01/8/2017 12:44

I think Uncle Rex has a little way to go yet.............

[harrisun] 01/8/2017 12:28

Don't know about big buys but still has a stench about it all

[mintington] 01/8/2017 11:33

So on the 5th July latest report our daily production stood at 6075 bopd with Pad 2N due to add and deliver within the week...so all being well our bopd should have risen to 6400 or thereabout giving an average of 6250 over the month x 31 days = 190,000 total July production.....if this is confirmed then this share price is looking decidedly cheap...ok we need OBA to improve to export the oil out cost-effectively....on the other hand POO sentiment seems to be improving....looking forward to next figures hopefully coming in line

[laptop15] 01/8/2017 11:00

Plenty of chunky buys today all, i believe its a definite indicator that the market believes this has already bottomed and the big seller is out! People are begining take positions again at this very very low price!

[3roach] 31/7/2017 16:24

Something is needed, that's for sure.

[tsmith2] 31/7/2017 16:12

Seems to have stabilised around 18p. Base forming.some drilling excitement needed!

[laptop15] 31/7/2017 15:09

Personally i think the big seller is all done now and its just weak PI's selling now out of boredom or panic. This will steadily start to rise now and with a lot of news due on numerous fronts its safe to say its bottomed out and is set for a strong recovery! I keep adding to position and are quietly confident here of making a handsome profit!! Good luck all

[davwall] 31/7/2017 13:38

Well, the board looks encouragingly blue so far today, and whilst the biggest trade was a sell, at 56k it is well down on the recent norm and there are solid buys just below.

[blackdown2] 31/7/2017 12:10

Meanwhile, this share in the doldrums.

[davwal] 31/7/2017 08:21

About 24p, so it's going to have to get a shift on...

[tsmith2] 31/7/2017 07:40

What was the share price the last POO was $50?

[juuunx2] 28/7/2017 15:06

I think when this rises it will be quick to meet 25p once again. It has not seen any rise since the nice steady rise in poo. If only for some positive board statement without the word 'imminent'. Have a good weekend all.