Amerisur Resources Share Discussion Threads

[laptop15] 11/4/2019 08:59

https://twitter.com/AmerisurResourc/status/1116246635930107904?s=19

[deanroberthunt] 11/4/2019 08:57

is it trying to compete with PANR for being the biggest POS.

[underhill2] 11/4/2019 08:53

Wotever yu want

[treasure] 11/4/2019 08:48

Tyler's, JW is also a shareholder and more than likely a much bigger shareholder than any of us so if anyone hurting he will be. He potentially has spent one heck of a lot of his remuneration purchasing shares. With the numerous opportunities in so many blocks there will always be an element of jam tomorrow. If this share was a quid the new investors will want 3 quid based on another huge potential. That's hopefully not going to change. I would be concerned if we are where we are by the end of 2020 and in the meantime happy to top up along the way however many will agree somewhat with your frustration.

[tyler durden1] 11/4/2019 08:46

dah u keep pos coz no1 shuld red light stop youz

[fsawatcher] 11/4/2019 08:44

u want me to stop postin?

i stop if you want coz yous the boss or yous the dross

[tyler durden1] 11/4/2019 08:43

Ooo Watcher

I's thunk $93m deal Woz gud, thinks OBA wuz good but but but never we be told bout neck of bottls stuck in oil

We be nevr told much cept wages optuns

Moany cuz no money goez to us plebs

All jammy dodgers tomorrow and lobster and Champagne evry days for somme

[underhill2] 11/4/2019 08:40

Innit rubbish wot you post !

[fsawatcher] 11/4/2019 08:33

look brad

you's got $93m farm out with oxy billn company

i not fan of sewin silk in pocket but yous knows wot... $93m deal woz specials so give em some slack man

some on ere got nuffin better to do than moan moan bone loan some more moan it all just loam innit

[tyler durden1] 11/4/2019 08:22

Looking at the presentation some looks designed just for the LTIP.

P10 in particular, glowing about Amerisur creating $367m value through certain transactions.

Its fairy story stuff really, because unless it is sold or produces more than that, the figure is meaningless.
Why not include the cost of Paraguay? Fenix, Chiritza (a bottleneck few of us knew about) and where the presentation mentions the under-utilised Ecuador pipeline, but where even with the expense of the OBA and the upgrade to Chiritza the max. is 9,000bopd so it can't be that underused!

With $248m attributed to pre-ta 2p NPV10 Mariposa & Indico little seems to get reflected in profits.

Seems more about remuneration committee consumption pushing up LTIP and remuneration. A few shareholders would like some jam now rather than yearly glowing 'transformations' comments.

Yes it might all come good and produce far more than the $367.5, but even latest results show how profits although greater than last year seem somewhat less than expected and where capital expenditure must have been less on drilling. So where did it all go? Chiritza, social benevolence, the BoD? We know the BoD always seem to get their jam today, but the only people who don't seem to be shareholders.

Wonder why institutions are not exerting more influence....unless they know something

[fsawatcher] 11/4/2019 07:58

poo poo after bacon eggs dat brexit

[fsawatcher] 11/4/2019 07:58

dunkin cheap digestives most frustratin

wots brexit?

[kerri28] 11/4/2019 06:50

I don't know which is more frustrating at the moment, Amerisur or Brexit.

[kaos3] 11/4/2019 05:55

PS - many times it is gardening, dog walking
probably also superstition comes in at this point - and it works imho
many great people believed in socks, tie, ....
why - do not ask lol
it works - and that is all to it
better than clever and no results
X files
lol

[enkeltje28] 11/4/2019 04:09

The "fx-loss" arises from the translation and revaluation of the current assets and liabilities expressed in non-us currencies into the repotting currency; in this case mainly Colombian pesos. It is a non-cash item.

During the year the high/low spread between COP/USD was 26%, with daily volatility of up to 3%.

[sogoesit] 10/4/2019 23:21

A real shame “investorsR21; cannot read the accounts or understand the reporting of US Dollar based commodity companies quoted on the London Stock Exchange even when explained to them. Naive or ignorant?
Still, the downward squiggly lines, where a picture paints a thousand words, on the price chart says it all really.

[juuunx2] 10/4/2019 22:38

Ok what does the chart tell you about amer then???

[marnewton] 10/4/2019 22:27

And some people wonder why I use charts...all those wiggly lines make much more sense to me!¬)

M

[gowlane] 10/4/2019 22:00

The USD strengthened against both the GBP and Columbian Peso over the year, by 6% and 9% respectively.

They seem to hold a lot of Peso for obvious reasons ($10.4m worth at the beginning of the year) so you would expect some FX losses when you translate their Peso balances back into USD every reporting period.

Because a given amount of Peso is worth less at the end of the period than it was at the beginning. So that is probably a good part of it.

But I doubt that it has anything to do with FX trading losses, let us hope not anyway, lol!

[gowlane] 10/4/2019 21:16

Of course the year end is 31 December and the USD is the base or reporting currency, so all transactions and balances are converted to USD to produce monthly and annual financial reports.

Nothing much to debate about here, for example check the 2017 annual report, page 65, it is all in dollars.

[wbecki] 10/4/2019 20:59

Lucy

Aceuk is talking out of his pretentious posterior. Obviously.
As he made crystal clear with his first comment critiquing the original poster.

No surprises he is

1) A blue poster
2) Up his own derrier
3) A Remoaner
4)Monied, obviously.

Usual drivel peddle by such people.
When it comes to Latam politics, Oil E&P, Amerisur or the like wouldn't listen to a word these dimwits peddle myself.

[lucyp00p] 10/4/2019 20:49

Ace, you are ignoring the fact that ALL the figures in the RNS are stated in USD, or you are doing something similarly daft. When the accounts, balance sheet etc. are published for the AGM, they will be restated in pounds. I'm pretty sure we don't do cable trades every time we get some dollars - there's been a constant $40mm or so in the bank and I'm sure it's there to bankroll operations, acquisitions and bribes. There can be no fx loss or gain if the base currency and reporting currency are the same. If you can find a pound sign on the report, you're welcome to point it out, otherwise stop talking nonsense.