Amerisur Resources Share Discussion Threads

[leas1] 13/12/2018 09:28

150k not a lot if they bought them sub 11. They need shares and reluctant to raise the share price 16p is looking like the tough cookie to crack. Not 15p as most, including myself thought.

[juuunx2] 13/12/2018 09:26

I'm distressed but not selling lol. Average 22p and hope we are not gonna see the retrace like before.

[rollthedice] 13/12/2018 09:25

Coiled spring..... or punctured balloon? :)

Healthy consolidation following rise hopefully giving us a platform for a further jump when initial testing results known.

[gersemi] 13/12/2018 09:21

there's a seller here

150k sold at 15.40p

is there a distressed or(and) a legacy seller here?

[juuunx2] 13/12/2018 09:02

Coiled spring.....

[plentymorefish] 13/12/2018 08:45

Why, are they making a (giant) casserole?!….;)

[tsmith2] 13/12/2018 08:38

MMs need stock

[bayboy] 13/12/2018 08:38

Well this is doing rather well, and a mention in shares rag as well.

Well, well, well.

[tsmith2] 13/12/2018 08:34

Gap up coming...

[babbler] 13/12/2018 08:31

200k at 15.94 to add to those yestersy Someone is keen it seems

[avsome1968] 13/12/2018 08:29

need to finish above 16p then 20p next could struggle to pass that until further news

[babbler] 13/12/2018 08:24

Auction at 15.96 15.98?

[gersemi] 13/12/2018 08:24

Why does it keep going into auction?

good depth on the bid so there's buy orders around

[babbler] 13/12/2018 08:21

Or buy... Hmmm

[babbler] 13/12/2018 08:19

Probably... But no quote to sell so they would struggle. Imo

[bad gateway] 13/12/2018 08:15

Odd! The midprice is right below the 200d. Could the mm's be short and trying to trigger bots into selling?

[tsmith2] 13/12/2018 08:07

Maybe machine not working properly

[fadilz] 13/12/2018 08:06

AMER share price went up 10x between 2004 and 2006, 7x between 2009 and 2010, and 25x between 2009 and 2014, and 50x between 2004 and 2014.

I'm not saying this kind of rise will happen, just that it has before.

Our compounded rate of growth in share price since 2000 is 20.3% pa, and our on trend share price now is about 53p.

The NPV model that I applied predicted the share price well until a change of sentiment coincided with some poor production figures in mid 2017. Applying that same model now with $60 oil gives the following values per share (sp). Assumes cost of production of $30 and $20 for CPO-5 and Plat respectively.

Area___Reserves(mb)__Barrels/day___$/bbl profit___#Years___NPV10____xBase___sp
CPO-5__ 3.5___________2000__________30_____________5_______83____0.08___4.6
Plat___ 14.0__________4000__________40_____________10_______359____0.33___19.8


At $70 oil we get
Area___Reserves(mb)__Barrels/day___$/bbl profit___#Years___NPV10____xBase___sp
CPO-5__ 3.5___________2000__________40_____________5_______111____0.10___6.1
Plat___ 14.0__________4000__________50_____________10_______449____0.41___24.7


(edit: CPO-5 reserves taken as 10.5/3 - which may be conservative given 'significantly exceeded expectations', and production of Indico-1 taken at 1150 to give 2000 with Mariposa-1)


That is why I am in, and excited.

[deanroberthunt] 13/12/2018 08:02

still in AU

[juuunx2] 13/12/2018 07:19

If I remember correctly there's around another 8 or so all fully funded. Can't remember exact details as in hospital bed at the mo. Hopefully home this avo