Amerisur Resources Share Discussion Threads

[kerri28] 11/12/2018 14:44

I'II take 10% each day until Christmas!

[tsmith2] 11/12/2018 14:42

get pass 16p then swift move to 20p

[meneither2] 11/12/2018 14:38

One thing amer have been consistent at is not keeping investors fully informed. The point about director buying seems relevant either way but whatever the outcome it didn't put the bod of buying heavily

[tsmith2] 11/12/2018 14:34

Yes despite SOU being ramped to death by malcy

[tsmith2] 11/12/2018 14:32

Equally so bad news?

[gemlotte55] 11/12/2018 14:32

Think that if it had been good news they would of had to notify market before directors bought.heres hoping though

[sji] 11/12/2018 14:17

I know that the recent news on Indico-1 has captured the interest of the market and raised investors' excitement for Amerisur. However, on 17th October, we had an RNS saying:

QUOTE

.... The Pintadillo-1 well test in the T sand is continuing at varying levels of production based on the testing. Initial results indicate that the well is located low on the new structure. The Company expects to complete re-mapping of this discovery in the next four weeks, followed by a decision on further drilling to appraise the discovery.

UNQUOTE

As the 4-week period has long passed by and we still didn't get any news about this field, am I right to think that there could be something positive here too? I think that if there is no oil, after almost 2 months testing, the company would have stopped pumping money there, wouldn't they? As the company had indicated a programme of 16-well drills and we only did 2 to date, I would have expected them to move on to the next well if the Pintadillo-1 was a total loss?

I think that before year-end, we should get an RNS regarding this well and if it turns out to be semi-positive, I would expect the share price to continue its recent upward swing.

What is your view on this?

[deanroberthunt] 11/12/2018 14:13

must be Wreck it Ralph 2

[boatman123] 11/12/2018 14:00

I'm off to watch wreck it Ralph in the pics ( 52 year old child I know ) hoping for a nice surprise when I come out lol

[deanroberthunt] 11/12/2018 14:00

I think therefore I am...

[moneylender] 11/12/2018 13:55

Looking quite positive atm

[tsmith2] 11/12/2018 13:53

Lucy's conspiracy theory is Rex will thwart at end of day. I think we will rise in to the close today

[bad gateway] 11/12/2018 13:45

Would like to see the 200dsma just above at 14.6 go myself. This one has made some fine moves once it broke in the past and after last weeks solid retest of the 50 it gapped through wouldn't be at all surprised to see that repeated.

[boatman123] 11/12/2018 13:39

Are we going to hold 14p till close , that's the big question , fingers crossed

[tsmith2] 11/12/2018 13:29

Would like to see strength in volume..but looks set up for strong move higher

[ileeman] 11/12/2018 13:22

Right on que 14p starting to break.

Huge resistance break here.

[deanroberthunt] 11/12/2018 13:16

time to flyyyyyyyyyyyyyyyyyyyyy baby

[ileeman] 11/12/2018 12:58

Added another 100k, break 14p I can see 20p.


Still looks cheap at the price after recent news imo.

[swerves1] 11/12/2018 12:34

IG will pay 14p now for 200k. It looks like they need all the shares they can get!
But I ain't selling any of these. So much to look forward to here imo

[deanroberthunt] 11/12/2018 12:26

could treble from here and still not be expensive

[thegreatgeraldo] 11/12/2018 12:23

tyler durden1
11 Dec '18 - 12:18 - 14688 of 14688
0 0 0
TGG: no they are not.

They purportedly export 3mmbbls daily
They import over 7mmbbls

Look at the figures. I repeat, the US probably exports more crude & product than the Saudis.

[tyler durden1] 11/12/2018 12:18

TGG: no they are not.

They purportedly export 3mmbbls daily
They import over 7mmbbls

So even the purported figures still show a net import over over 3.5mmbbls.

Only the administration and organisations under the control of the U.S. administration suggest they are net exporters.

Incidentally they changed the rules to allow them to adopt the Saudi way of not having ANY export figures audited, so they can say whatever the hell they like.

if you look at historic records they are still importing more than they did in 2016, and evenmore than in 2014

[paradores] 11/12/2018 12:12

CPO-5 is rapidly developing into a VERY significant new field, possibly one of highest quality reservoirs in the region. 200ft net pay in an initial RNS is pretty punchy stuff. Much, much more still be to be shared from this find. Sol drill success could, indeed should, blow the proverbial lid off.

25p by Xmas - poo shenanigans irrelevant. Expecting at least $75-85 ppbl through next year and some potentially serious supply issues as we go into 2020-21.

New onshore finds of this quality and scale are rare indeed these days.

200ft net pay, excellent natural flow, min WC = Go figure

II orders will be filled while general PI mkt sentiment is weak. Bit of patience reqd but be in no doubt - it’ll come soon enough. Big sentiment change here in the last few weeks. Success on success and plenty more to come into 2019...and beyond. Conservative target 2019-20ye 40p.

[moneylender] 11/12/2018 11:56

just bought another chunk, am very relaxed about these now!