Amerisur Resources Share Discussion Threads

[tonyrelaxes] 04/11/2020 20:37

From GeoPark's 2020 Q3 update -

Appraisal and exploration drilling in the CPO-5 block:
• In late September 2020, the operator spudded the Indico 2 appraisal well targeting the Une-LS3 formation.
The Indico 2 well is located approximately 0.8 km northwest of the Indico 1 well.
• The Indico oil field was discovered in December 2018 and, to date, continues showing strong reservoir performance from one single well, Indico 1, that in September 2020 achieved an average production of 5,169 bopd of light oil, with a cumulative production of over 2.9 million barrels of oil.

Hmmm....!

[frampton7] 30/9/2020 20:00

Thanks again for mentioning them last year. Looking forward to the end game!

[moneylender] 30/9/2020 19:47

The end game is nigh!
Not my work but I do concur. EUA RNS today with little hints.

"DLA Piper on the legal side to work with the Company through the sale process."
A clear indication that the sale process has progressed well

"With the final approval of the Flanks license surrounding Monchetundra, the Company has been successful in establishing a dominant position"
Confirmation of how huge MN is and the strong negotiation position they now have.

" has spurred interest in the Company."
in other words, bidding war. The minirals, Rhodium, Palladium, Platinum, Nickel, Gold are all going up in price and are expected to go higher in the years to come.

"The board and executive team have now been restructured to fully focus on the sale process."
all focus on the inevitable - a FULL sale

" long-term supporters and new members."
Working for us as always.

We told you the BoD have a truck load of shares and have not sold a bean. The recent low prices were a gift from MMs.

If the share price does not go up tomorrow, good. It gives us a chance to carry on loading up at this levels. But i doubt it will after that RNS. A big blue tomorrow

[kaos3] 01/9/2020 09:21

I wonder where is John Wardle working now ???

[tommygriff] 17/7/2020 20:35

Jangada is a good option in the palladium space mate, micro cap compared to EUA

[frampton7] 09/7/2020 16:23

Hi Moneylender,
I've been meaning to post today to say thanks to you for the idea of EUA it is definitely making up for the disappointment of AMER. It has been a nerve wracking few months with the suspension, but every time I went over the facts I thought we would get to this point. I haven't sold any yet as I also believe there is a lot more to come. Having been forced to sit on my hands for months, it is going to be harder now I don't have to (and faced with all that profit!)
Thanks, Frampton

[moneylender] 09/7/2020 14:39

Afternoon everybody

Just received a very nice 'thank you note' from someone that followed my lead into EUA last year. A mere £1000 invested then would today be worth £12500 and I think there is more to come, consideraly more.

I hope all my old pals and investor mates are well in these strange times that we have endured over the last 3 months. stay safe and avoid a second wave of CV

A

[astorcourt] 21/4/2020 20:02

how is cpo5 going, did the indians drill it?

[ianguerin] 21/4/2020 19:56

Glad we got out of this lot ?

[blackdown2] 27/3/2020 18:48

Geopark’s share price now $6.84 from around $20 when the Amerisur deal was completed.

[ladeside] 24/3/2020 16:13

Holding up well considering the rest of the market.......

[parker2102] 12/3/2020 14:27

Would have been back to 2p by now without GPRK.
Nevertheless,....

[blackdown2] 10/3/2020 11:24

But they might have sensed that Russia was going to break ranks at some stage.

[al101uk] 10/3/2020 10:40

Nipped in to see if chat had begun around the takeout price given this new situation. Really looks good in hindsight, although I don't think the folks at Amerisur were musing over a potential new virus affecting the oil price when they did the deal.

Geopark share price at time of take over $20, price today $10.

[quidnunc] 10/3/2020 09:28

Or when you hit rock bottom there's nowhere else to go? Q

[tommygriff] 09/3/2020 22:21

Must mean iron are a top co!Peter cox doing a great job ??

[quidnunc] 09/3/2020 19:42

Catch a falling knife eh? My whole portfolio is red today except for one share:Iron!!!!I don't know whether to cry or weepQ

[fatgreek] 09/3/2020 16:29

Hi TonyI'm up for it If can get numbers

[tonyrelaxes] 09/3/2020 13:16

My AMER cash is stuck, uninvested, at my Wealth Manager (posh for Broker) while other "professionals" process documents I sent them in January which they appear to have lost.

Its in GB£ and the Ruble has lost 25% against the £ since it came - not that I import any beyond day to day needs! But I might get a new moto now the snow has gone :)

As Charlieee says, a silver lining ...


Virus travel bans aside, I should be driving over next week for about a month.

Ruby?

[moneylender] 09/3/2020 12:40

Blood on the streets alright, bargains everywhere, if you dare!

[norman the doorman] 09/3/2020 12:37

Maybe buy the whole thing back for $25 million. Seems like a good deal in hindsight now. Make sure we have operatorship of CPO-5 though :)

[fatgreek] 09/3/2020 12:34

At least we're not red today :)

[charlieeee] 09/3/2020 07:48

Well, that cloud had a silver lining!

Quite a strong reaction by SA to Russia, but will Putin now fall into line?