Amerisur Resources Share Discussion Threads

[kipper62] 20/5/2019 22:33

....and to add to above:

17th.May 3916
18th May 3816
19th May 3812

Keeping pace with the share price now that the AGM is over?

[quidnunc] 20/5/2019 21:41

Kaos,All those who attended had the opportunity to ask questions and many did. Pretty much as reported on here at the time.Sadly, the way the AGM is structured and run doesn't allow very much time to ask all the questions that might be asked and normal market rules regarding privileged information apply so some questions are not answered anyway.JW was hustled away at the end so nobody really got the chance to follow up with him.GC stayed and a good dozen people stopped back to question him.I didn't really see any of the small PI's talking to any of the other directors I chose to because I'm interested to continue to confirm that the company I'm invested in is conducting its affairs in a reasonably principled and ethical way as indeed was Brian.I'm always interested in the bigger picture and want to get a true and fair view of progress.I appreciate that others have different priorities and that output is an important metric.It's important to have all points of view expressed and accommodated here on the bb and if you feel I'm out of step then I feel that you might be missing out on some useful perspectives Q

[sji] 20/5/2019 16:15

As one can see from the May OBA so far, there was no change whatsoever (till now!) as a result of starting receiving third party oil on 10th May!

Hopefully, we shall see some substantial increase from this week.

[kaos3] 20/5/2019 14:25

quid - there are different set of stakeholders treated by different priority - like:

1.tax,BOD,community,workers,buyers,suppliers,big shareholders, small shareholders ...
2.tax, big shareholders, workers,buyers, suppliers, BOD, small shareholders ...

How would you structure the real situation rang and preferred realistic one I wonder. I appreciate your AGM report very much, I did not know what was heard there before you asked your Qs.
I am only more interested about some other issues first than amers influence on the local crops and similar.

I am hoping you will not feel me being rude to you I just admit I do not get it. Priorities of treating different stakeholders and their issues?

[acv74] 20/5/2019 14:19

If we are now at 7k bopd the next non-existent quarterly update should be better than the non-existent quarterly update to 31/3.Think we're due a bit of luck with these two drills, could we get to 10k by year end?

[lucyp00p] 20/5/2019 14:01

If you, for one minute, seriously believe that a few words tacked on to the end of a annual results RNS constitutes a quarterly activity statement...and want to call me out for saying otherwise then turn to the January statement and do a word count. Look at the details and see if you can spot the difference. Then, if you still think any criticism of Amerisur is unwarranted, then there is no hope for you. I have a barrel of snake oil in my trailer you can have for a million bucks.

[jp2011] 20/5/2019 13:31

https://polaris.brighterir.com/public/amerisur_resources/news/rns/story/xj6jvkwProduction and OBA section, last bullet point.

[tonyrelaxes] 20/5/2019 13:27

ML
In the RNS opening Highlights - Production & OBA, last line "Q1 2019 production averaged 4,600 BOPD"

[moneylender] 20/5/2019 13:17

JP2011, exactly where in the annual report was it???

[jp2011] 20/5/2019 12:27

Q1 Forecast reported in RNS 26th Mar, actual reported 9th Apr. What they didn't do was hold a separate RNS just on Q1 production. Feels like some people trying to find fault at anything.

[quidnunc] 20/5/2019 12:20

No,
but then,
I didn't ask her.....
Did she tell you?
Q

[lucyp00p] 20/5/2019 12:14

Did she tell you why the quarterly production update was cancelled?

[chinese_takeaway] 18/5/2019 16:22

https://twitter.com/Paul47293202/status/1129724481000366082?s=19

[yasrub] 18/5/2019 07:47

IF Sol were to come in - the beauty is it can be brought online quickly and great cash flow - perhaps net 1k bopd.

[11_percent] 17/5/2019 22:18

They don't usually get all of the oil out of the reservoir......usually about 60-70% then you need enhanced oil recovery.

[xxnjr] 17/5/2019 17:49

so if Sol-1 averages 3K bopd, the gross resource would last about 4 years.

[yasrub] 17/5/2019 16:49

Sol-1, targeting gross resources of 4 MMBO (gross)

[ghhghh] 17/5/2019 16:48

To answer my own question

Sol-1 is a step-out well, targeting 4mmbbl worth c. 1p/share to NAV. There is potential upside from an extension updip, to the south.

[ghhghh] 17/5/2019 16:39

Does anyone know the size of resource being targeted by Sol-1?

[fsawatcher] 17/5/2019 16:13

that charts given me a huge wedgy

say cheeeeeeeeeeeese

[jp2011] 17/5/2019 16:09

Shipping c4000/day in OBA consistent the last 10 days, no signs any 3rd party export. Maybe they need a certain volume to start or its heavy oil and needs blending or they need to perfect the operation/process.