Amerisur Resources Share Discussion Threads

[gersemi] 03/1/2019 14:52

Only 1544k shares to buy at 18.70p

[mad foetus] 03/1/2019 14:47

I've already had to change me kecks, this and HUR had me oozin

[boatman123] 03/1/2019 14:46

Are we gonna see 19p today ? I've fingers and other things crossed lol

[deanroberthunt] 03/1/2019 14:33

What a difference a few weeks make

[knackers] 03/1/2019 14:21

2019 moto "Be more Giles Clarke, less Superman"

[deanroberthunt] 03/1/2019 14:20

If there is a stock challenge this year then this goes straight to the top of the list

[swerves1] 03/1/2019 14:20

I agree, they will never sell for 50p a share imo.
Probably now more like £1 min!

[moneylender] 03/1/2019 14:19

Or a pound anymore, lets try for £5!!

[foiledagain] 03/1/2019 14:15

It will never be taken over at 50p share

[knackers] 03/1/2019 14:15

Well I think these directors have been jolly decent, Tony ;o)
...and jolly decent of Rex too, presenting us all with such a wonderfully discounted buy opportunity! My boots are very full.

Still crazy cheap sub 25p IMHO

[gersemi] 03/1/2019 14:13

He'll be distressed when AMER is taken over at 50p/share!

[podgyted] 03/1/2019 14:08

I didn't realise Rex was distressed - poor fella.

[deanroberthunt] 03/1/2019 14:06

Saudi Arabia 2

[leas1] 03/1/2019 13:47

Recent purchases have also been after the Ind-1 update. Jolly decent of them to do that.
Just getting better and better.

[mister md] 03/1/2019 13:42

With this amount of buying volume you would expect to be at 20p+ by now ... still offloading in the background or will we get a sudden jump in sp?

[paradores] 03/1/2019 13:42

Can't think where this is heading (you can keep your fancy TA!) Blindingly obvious there's gonna be a significant reserves upgrade and production surge potentially/likely coinciding with a normalising POO as OPEC production cut bites.

60p+ share price by year end very achievable - if not sooner!

[gersemi] 03/1/2019 13:42

thanks to someone on LSE (today) called peterpicked

RE: An Ocean of Oil?
Today 13:08
The LS3 sands run under the whole area way beyond the CPO5 block. At Mariposa the company assumed it had hit oil in a relatively small trap and looked to drill Indico up dip in a bigger trap. However the size of the gross pay at 283 feet is much bigger than the likely trap size could be, and with no oil water contact it implies the whole of the LS3 layer in the block is oil saturated.

I agree they are drilling infills to test this hypothesis, the possibility that there could be a layer of light API 35.9 oil saturated LS3 Une formation highly porous sandstone 50-200 feet thick under the whole of the NW area of CPO5 extending who knows how far to the SE. The same theory applies as in Llanos 34, the bumps and traps will be thickest gross layers, but they hardly matter in the context of the huge simple field theory.

You know that bit on the TV antiques shows when somebody wanders in with an old blue and white pot they have been using as an ashtray / umbrella stand, and the expert spends the next ten minutes explaining the history of the dynasties of China before giving a lottery win price tag on the pot? The bulletin boards and investors for AMER have just heard the equivalent of the words ‘Ming, priceless, find of the decade, and expert verification’, we have not got to the price tag yet.

There is nothing on the books for the CPO5 asset yet, if it as big as the evidence and clues are suggesting then it’s valuation is indeed transformative. Conservatively 50m barrels would add $120m to AMER in net value. I think we should probably be expecting in the range 200-350m to be proven over the next 12-18 months, $500m-$1Bn value to AMER. Very optimistically could be more, but that really would be a world class asset find and into the billions.

All of that without the next round of Putumayo transformation with OXY. Focusing on short term 17p or 19p is totally missing the possibilities here, the news flow through this year could see this ten bag from here or even more. It would be still exceptional value at 2 or 3 x today’s price based in news already out.
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[nicksig] 03/1/2019 13:38

They couldn’t give much of a stronger signal to the market

[moneylender] 03/1/2019 13:34

JW now holds 31,000,000 shares. Get your heads around that, we going to the moon

[mister md] 03/1/2019 13:34

John Wardle (Chief Executive Officer of Amerisur) has an interest, acquired 428,000 ordinary shares of 0.1 pence at a price of 17.516 pence per share, for a total cost of GBP74,968.48.

[d1nga] 03/1/2019 13:32

Follow the money.

[plentymorefish] 03/1/2019 13:31

Yes, the directors earn a lot of money!

[moneylender] 03/1/2019 13:31

Elephant field, i kept telling you all.

[moneylender] 03/1/2019 13:30

And John buys again!