Amerisur Resources Share Discussion Threads

[lucyp00p] 08/10/2019 09:10

Final bids sure, but is the process top secret? Are interested parties simply going to present one sealed envelope on November 15th?? Surely once the consultation process is over, we will get an idea of where we are. The recent Oxy fracking deal was a very public bidding process which pushed the final price up as a result.

[acv74] 08/10/2019 08:42

I think the article suggested final bids by mid November....I suspect it will go down to the wire rather than get dealt with early.

[lucyp00p] 08/10/2019 08:34

I would prefer to think that the interested parties might want to stick or twist once the data has been analyzed - let's face it, they've had enough time now to arrange the finances and plan their moves. There can't be many secrets left to uncover and every day that a bid is delayed costs about 6,500 barrels. Hopefully, this is finished by Halloween- by which time Sours will still not have kept a clean sheet.

[kaos3] 08/10/2019 08:20

an imo interesting ot story which again put forward my Qs - where is cash and how come 1,5 mil on 100 mil revenue. simple Qs - arnt they. specially considering the low production cash costs (14 usd ?) and shipping costs (oba)

[underhill2] 08/10/2019 08:08

It certainly is taking a long time and it would not suprise me if this drags on until the end of the year.

[acv74] 08/10/2019 08:02

I think we will know what is happening here by the 30th of November.The piece by the journalist on Twitter seemed to suggest that sort of timeframe, it read like a genuine article to me.

[lucyp00p] 07/10/2019 20:43

Sure, and you probably think the tooth fairy is real.

[yasrub] 07/10/2019 19:34

OBA averaging 4200 for October so far.

[treasure] 07/10/2019 18:29

Was it 19th or 22nd July that all this kicked off. Maybe 2 month window so in that time they are holding this at 17p average over the 2 months so they can then say that the bid is for example 100 percent above the average share price since the process started. That gives us somewhere near the stifle guidance thingy at 37 or whatever it was....just my thoughts.....and hope we get stifled rather than shafted. It seems clear that the share price is being manufactured but that's what I see anyway. Happy with cash and some GTE stock personally or even sell all but keep plat and OBA and put 8 share for more juice down the line.

[barbie60] 07/10/2019 15:52

5,000 is a popular number today at exactly the same time for each trade ??!!??

[treasure] 07/10/2019 11:52

Alan miller, is he gina's beau

[lucyp00p] 06/10/2019 13:42

Yes. Our pipeline is underground. Hardly anybody knows it's there.

[tyler durden1] 05/10/2019 07:42

A link for anyone wishing to question claimed increases in Shale production with 19% drop in drilling and rigs cut.



In another article Chevron boast about having to increase depth of its wells to 10,000ft. next year plus the multi laterals, but where the IPP has dropped from over 1,000barrels per day to 760bpd with other operators 705bpd. Neither Chevron or Exxon have yet to make a profit on shale after decades of losses on it. Now the EIA confuses/obfuscates by not giving well production figures, but rig production figures and then compares it with well production figures from the past, because in the past one well was drilled from one pad where now 4-8 are drilled from the same pad by the same rig, so its like comparing apples with elephants.

[ladeside] 04/10/2019 15:45

I've been here from the Chaco days and had good times and bad times so I see myself as more a realist than anything else........

[stmellons28] 04/10/2019 15:21

Once you replace negative thoughts with positive ones, you’ll start having positive results.I believe Amer will come good in the end and hopefully we will have news very very soon.

[ladeside] 04/10/2019 14:52

It's all so simple when put like that, still, good to know that we're getting at least a 200% uplift from here or possibly a 300% uplift with just a little bit of luck.

If Carlsberg did share dealing...........

[stmellons28] 04/10/2019 14:40

ColonelDrake
Posts: 1,891
Price: 16.90
No Opinion
cheapest scenarioSun 21:38
i've done the numbers a hundred times over. And for balance, here's the worst numbers i can arrive at and that's being as bearish as I can.

1. Cash in bank Nov 2019 = $55m
2. OBA worth = $50m
3. 50% share on OXY deal = $112m
4. Plat production/reserves @ approx $10pb = $120m
5. Pre indico-2, CPO-5 production/reserves @ approx $12pb = $110m

Total = $450m or £366m

29p a share and thats if every thing goes cheap and cpo-5 improves no further.

The bullish scenario is virtually double that price but always worth leaving 30% in there for the next man.

Worst case scenario looks like 29p to me. Best case looks like 45p but need indico-2 to gush and owc lower.

[lucyp00p] 04/10/2019 14:08

Do you seriously think acv74 can influence the sale process? We get what we're given, or sell up early.

[notimpressed] 04/10/2019 14:05

acv74 the bid that triggered this current situation consisted
of cash/share buy out. the danger in accepting the bidders
shares as part payment is once the deal is done, to realise your
gain you have to sell the shares on the open market. thats ok
providing you can realise the value placed on them at the time the deal
was done. but who is to say they will not fall post take over
or have been pumped to an artificial price to look attractive.
my point is cash is tangible, shares are worth what you get for them
when you want to sell.

[lucyp00p] 04/10/2019 13:20

Thank me later

[acv74] 04/10/2019 13:11

Mate, share options are given to employees as an incentivisation to perform, stay on board and help grow the company.They are not used as part of the consideration of a company disposal.That is the tripe I was on about.