Amerisur Resources Share Discussion Threads

[underhill2] 29/3/2018 16:26

Of course Markets are shut on Friday and Monday !

[underhill2] 29/3/2018 16:25

Quidnunc - You are quite correct. So many repetitive posts. We all know the share is undervalued but the Market thinks otherwise. All Management do with Amerisur, Ironveld and Kennedy is under achieve. Unless we see a change of Management all these companies is plod along.

[jumpenjim] 29/3/2018 16:15

Are markets shut tomorrow and Monday ? tia

[eddie_yates] 29/3/2018 15:59

Tomorrow’s the day dodge

Edit
Erm I meant Tuesdays the day dodge

[dodge city] 29/3/2018 15:46

Another wasted day, the only way this is going to move north is on significant newsflow.

No sign of that.

[davwall] 29/3/2018 15:28

Only comment I have is there continues to be significant buying, but by very happy coincidence the share price conveniently hovers in the 15s.

Some big buyers have all the luck...

[quidnunc] 29/3/2018 13:30

I watch and wait.
No point in commenting, its all been said.
Q.

[al101uk] 29/3/2018 07:57

Royalties aren't separated out in the results and so they aren't in my post. Numbers were based on interims so 2016 & 2018 are irrelevant. We were talking about revenue numbers and I mentioned little if any profit on the P&L.

Finally royalties:

"Royalties payable during the production period are calculated on a field-by-field basis using a sliding scale that ranges from 8% (for incremental production up to 5,000 bbls/d) up to a maximum of 25% (for incremental production above 600,000 bbls/d). "

The uptick in 2018 you refer too I guess is on the assumption of a decent uptick in production?"

If you trawl back far enough, you'll see royalty payments discussed in detail, I posted the breakdown of how royalties are calculated a couple of times on the old thread.

[davwal] 29/3/2018 07:55

Next thing we’ll find out there isn’t really an Easter Bunny...

[dodge city] 29/3/2018 07:50

So what happened to the reserves, they seem to have suddenly disappeared, just like
the guy that runs this company.

[eddie_yates] 29/3/2018 04:34

Royalties are 8% from what I remember

[odvod] 29/3/2018 01:17

this is THE day I hope.

good morning / good night

[juuunx2] 28/3/2018 23:15

Dodge now is the time to join us. I know you want to. Why else would you be here? Don't let me say I told you so...,,,

[bryet] 28/3/2018 22:48

The one thing that doesn't rise is the share price I guess we will all know why at the next rns.

[thegreatgeraldo] 28/3/2018 22:43

podgyted
28 Mar '18 - 20:58 - 7927 of 7929
0 0 0
Dare I mention royalties?
A certain broker estimates $12m in FY 2017 - presumably paid in cash - you'll see them kicking in on the 2017 interim presentation slides. None were due in FY 2016. They'll go up markedly in FY 2018.

Why not mention royalties?? What makes you think "none were due in 2016" though? Given the rise in the OP, clearly royalties will rise. If the company succeeds in raising production, royalties would be also expected to rise....

[podgyted] 28/3/2018 22:18

Oh yeah.
Just not as much as knocking around above.

PT

[dodge city] 28/3/2018 22:06

Is this company capable of actually producing a profit?

[podgyted] 28/3/2018 20:58

Dare I mention royalties?
A certain broker estimates $12m in FY 2017 - presumably paid in cash - you'll see them kicking in on the 2017 interim presentation slides. None were due in FY 2016. They'll go up markedly in FY 2018.

PT

[davwal] 28/3/2018 20:56

The tea lady always seems to know what’s going on before the mob...

[lady darjeeling] 28/3/2018 16:11

Moneylender you will get me sacked

[moneylender] 28/3/2018 16:01

Led to believe it will be tomorrow guys, but I am sure my source didnt know it was a
holiday tomorrow in Colombia. I still think he is right, bright and early tomorrow.

[dodge city] 28/3/2018 15:28

So tomorrow then.

[moneylender] 28/3/2018 15:18

By end of March I think

[dodge city] 28/3/2018 15:10

Yes, where is that reserves upgrade some ramper said it was going to be annouced last week.