Amerisur Resources Share Discussion Threads

[chopper harris1] 13/11/2017 08:50

Rex Hunt.....Governor of the Falkland Islands at the outset of the conflict in 1982.

[eddie_yates] 13/11/2017 08:48

Rolf Harris

[fernandesb] 13/11/2017 08:26

Who is this RH?

[boris cobaka] 13/11/2017 08:19

RNS out but I think it'd be better if we discuss RH's continued dumping and speculate on how many he has left to sell.
Certainly the more interesting option.

[filterwest] 13/11/2017 08:05

FFS give it time.

[sleveen] 13/11/2017 07:53

Not a dud , but agree, news of the P25 flow rate would have been helpful.

"Platanillo-25, the 20(th) well of the Platanillo drilling campaign, has been successfully side tracked to a total depth of 8,620 ft measured depth, on time and budget. Preliminary log interpretation, using Schlumberger logging-while-drilling tools, indicates the presence of a 22 ft net oil column in the U sand formation
The side track located the production well further up dip, closer to the Platanillo 21 well, where better reservoir quality and additional pay thickness were found increasing the potential to deliver more sustainable production. 7" production casing has been successfully run and cemented and the Company expects to initiate commercial production from the U sand, to be evacuated through the OBA pipeline, in approximately 10 days"

[fadilz] 13/11/2017 07:50

posted in error - thank you sleveen

[seandonohoe] 13/11/2017 07:32

OPS Update RNS - Amerisur Resources PLC Operations UpdateSource: UK Regulatory (RNS & others)TIDMAMERRNS Number : 2483WAmerisur Resources PLC13 November 201713 November 2017Amerisur Resources Plc ("Amerisur" or the "Company")Operations UpdateAmerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to provide an update on operations in Colombia.Platanillo Contract:Platanillo-27, the 21(st) well of the Platanillo drilling campaign, has been spudded with rig Serinco D10 on Pad 2N. Drilling and logging are expected to take approximately 30 days to final prognosed TD of 9,618 ft. Platanillo-27 is an appraisal well designed to access the northern part of the accumulation discovered at Pad 2N by well Platanillo-22.CPO-5 Contract:The Operator informed the Company that the inspection visit to the Mariposa-1 location by Agencia Nacional de Hidrocarburos (ANH) was completed on 10 November. The long term test of Mariposa-1 is expected to begin shortly. A further announcement will be made in due course.ENDS

[moneylender] 13/11/2017 07:29

Mariposa inspection completed, testing begins soon.

[tsmith2] 13/11/2017 07:06

a bit of roll now

[westmoreland lad] 10/11/2017 21:50

True, and I'm unsure if Paraguay will ever be a serious oil producer.

[brasso3] 10/11/2017 18:03

Thanks Westie. I have followed AMER for many years as there is the Paraguay connection with PPC. Unfortunately neither company prospered in Paraguay. :(

[westmoreland lad] 10/11/2017 16:48

Welcome Brasso -- bit of patience needed and you'll do fine here.

[fadilz] 10/11/2017 12:26

al101uk, I look forward to hearing your thoughts

[filterwest] 10/11/2017 12:18

onward and upwards.

[fsawatcher] 10/11/2017 11:45

ronnie retail

gran tierra linin bid up tell ya nows so you come back in 12 months had tell me i genieoius

pipe line important coz it worth millions at 50k + jus need eccies to other sort end out

no debt

cash pourin in

huge reserve upgrade comin after mariposa-1 flows

it worth £1b easy money

[currypasty] 10/11/2017 11:23

put a couple 50k buy orders in at 21.25...see if they are filled, off to beach now

[brasso3] 10/11/2017 10:27

Took the plunge here today with ~50k.

I have avoided AMER in the past as I did not think they were making solid progress. I now believe that they have turned the corner and if they can achieve average production of 7000 BOPD in the next few months this should be past 30p.

[al101uk] 10/11/2017 10:06

fadilz,

Yep, just creating theories, as I have a few ideas on how I can use your methodology to my own ends if it pans out.

[aceuk] 10/11/2017 09:41

zzzzzzzzzzzzzzzzzzzzz

Z

I thought we'd put that record to bed - whatever Harbour is selling is pretty much irrelevant - the moment something justifies a much higher price (possibly Mariposa, possibly OBA throughput consistently over 7,00 bopd, etc.) the price will go higher on simple supply/demand economics.

[foiledagain] 10/11/2017 09:32

Charlie. I think you do not understand how notifications work.

I explained yesterday why rule 26 would show the same holding as 12/10/17rns.

So you just do not know what the current status of RH holding is as the notified Rule 26 is based on 12/10/17 holding company registrar as opposed to RH notified.

I also explained the rules. So rule 26 showing after 22/20/17 contain that holding as that is all that Amerisur are required to do otherwise company registrar would ascertain holding for rule 26.

Please look back at the post showing requirement wording.

So the likelihood is rule 26 figures are only accurate to 12/20/17 as there has been no holdings notice from rh and AMER are not compelled to find out so use the latest registrar figures

[fadilz] 10/11/2017 09:25

Share price has tracked NPV from 60p in 2014 to 20p. Beyond that I need no other theories right now. NPV is on the up, and predictably so. share price is in an uptrend with a destination that I feel reasonably equipped to predict. That is all. I'm happy.

So the RH trope is to me irrelevant. I'm more concerned with the value of my investment than with the ethics or motivation of RH - most of which is in any case speculative and unverifiable.

FA does this line of discussion help you decide whether to buy or sell?

If not, why bother?

[al101uk] 10/11/2017 08:57

charlieeee,

Thanks, so why wasn't Michinoko a substantial shareholder as at 30th June 2017?

In fact they crossed 11% in April.

Probably just sloppy I guess, but annoying non the less.

[charlieeee] 10/11/2017 08:54

What is either naive or manipulative, Foiled Again, is to keep banging on about some esoteric exception which does not apply in this case.

Nobody is disputing that at the beginning of the year, RH offloaded into the "feel good" factor of OBA and increasing production.

Nobody is disputing that this was being done sneakily and with the connivance of the company.

The more sophisticated investors will understand that the company did this to avoid damaging sentiment.

They were forced to comply with the rules by the angry mob, crying foul.

They have complied ever since and using the accurate data now in the public domain, we can calculate averages for each period of reporting.

What we can see is that for the 3 month period to 30th September 2017, when our share price cratered, RH was selling insignificant amounts on a daily basis.

What we can also see from the latest major shareholder update is that the institutions were also all holding fast over the same period and that is good news.

Other investors can draw what conclusions they please, but mine is that in a low volume period and with a miserable performance from the company, the regular traders here bailed and got themselves a better re-entry point: probably chartists, seeing the developing trend and exacerbating it by joining in on the party and nothing wrong with that.

Fundamentals have finally taken a positive turn and the charts are reflecting this. More barrels and at a better margin = a better share price and going forward, it will be company performance and not RH that will determine the share price.

The final word on RH is that he did not sell any shares in the first trading week of October (the information at 30th September and the RNS of 12th October show the same figures) and he has not sold into the recent rise in any size or we would get another holdings RNS, from the Registrar, who is on the case, with a professional reputation at stake (and a sitting duck to sue, for those of us who enjoy litigation).

[fadilz] 10/11/2017 08:52

I know, let's talk about my model instead. 30p+/-. Oh. No. I decided to be quiet for a while. Rats.