Amerisur Resources Share Discussion Threads

[value viper] 09/10/2017 13:33

out of interest, how much does he receive from this company to "push them" - anyone know ?
should probably be disclosed
(not that I'm saying the shares can't rise ?!?)

[big7ime] 09/10/2017 13:28

Malcolm Graham-Wood on AMER 7 mins in, says they're "Totally Undervalued"

[marnewton] 09/10/2017 11:57

All freebie charts will probably a show a gap.

I said 'could'.

The big volume day (biggest since April) was 25th, the day before the 'gap' day. (EDIT for clarity...) 'Gap' day was nearly three times higher than average.

M


Log scale daily candlestick chart:

[boris cobaka] 09/10/2017 11:01

Gap also showing on stockcharts and on the actual day in question the share price opened up creating the gap. Never dropped back to fill.
If breakaway gap i'd expect much greater volume.

[boris cobaka] 09/10/2017 09:25

stop loss around 18.5p.
Very good chance you'd get pinged out for virtually no significant price drop. Strange decision. If you're buying in with confidence you'd surely be happy with 17p.
Volumes not up to much at the mo.
Gap still not closed.
Gl.

[marnewton] 09/10/2017 08:57

Three closes bang on the 8 day EMA, followed by Friday's higher volume uplift taking us to resistance - if it looks like a positive day today I'll be buying my third tranche.

The 50 day SMA has turned up.

Stop-loss for the third tranche is two closes below the EMA.

M

[tsmith2] 09/10/2017 08:52

Seem to be clearing a sell, good buying no movement

[hkr09] 09/10/2017 08:34

In 10k @ 19.46p

[tsmith2] 09/10/2017 08:30

expect news in the next day or two

[99barracuda] 09/10/2017 08:07

Exciting times!

[tsmith2] 08/10/2017 10:26

On Platanillo-25, currently being drilled from pad 2N, 9.5/8" casing has been cemented at 5,682ft. This well, a southerly step out well from Pad 2N, is

[foiledagain] 08/10/2017 09:59

Looking back at CPO-5 leads me to the conclusion that the estimates for reserves may be widely out.

Originally it was thought to be a heavy oil play with Kamal-1X finding 120bbl a day of heavy oil.

Only Yatay-1 found light oil, which in my opinion was what interested John Wardle in the play there, and why subsequently ONGC decided to under drill with Mariposa-1. Yatay 1 light oil was also found in Lower Sands Unit 3 of the Une formation, which I believe is the same formation encountered on Mariposa-1

With the result looking very good at Mariposa-1 it quite possible that the previous reserves estimate will be way out, depending on the next drill.

Most other drilling in the region returned heavy oil 13,14,15 up to 25api, with the exception of Yatay-1 which produced a healthy 10,440bopd Light oil 43API and seems more in line with the geology that Mariposa-1 has encountered.

if and it is IF at this stage Mariposa-1 proves up that the field from under drilling is the same field encountered by the 43API Yatay, then it could produce much more than the estimates for the field which were originally based on heavy oil, with production from these ranging from 120 to 7,280, where the increased production seems tied to the increased API, as Manicene1-1 produced 7,280bopd at 25API and the lower the API the heavier the oil and judging by the statistics the lower the production.

Loto-2 did not do well, but it was testing the Upper Mirador, whereas CPO-5 Mariposa-1 found 120ft of nett oil pay zone, light oil, in a completely different zone, the Lower Sands Unit 3 of the Une formation.

Didn't work out whether Amerisur were the operator on Loto-2 which might throw a different light on things!

This if contiguous you could throw existing resource estimate away. The next drill will be most interesting.

Loto-1x tested the Une but found extra heavy non commercial oil in that zone but plenty of oil in other zones, so by no means is there a guarantee.

[fsawatcher] 07/10/2017 15:55

ongc indians

clarky boyo flog em cpo-5 for a billion will ya matey

[squiresquire] 07/10/2017 11:39

That RNS was for SMA which Clarke is re-positioning to become a manufacture / retailer in the Indian Eyewear business. Since SMA was suspended there were no rules to follow for when details of share trading should be notified to market. Since things are now moving along with SMA its just that now is more convenient for whoever does the RNS.

SMA will also need a name change, Clarke has always excelled at retail, Pets at Home, Majestic wines etc, but the Indian market is simply vast and his connections with top Indian politicians and businessmen w=from when he was Chairman of the English Cricket Board will no doubt help.

[foiledagain] 07/10/2017 09:00

Late/strange RNS over at another of GC's companies. Tracarta moving through holdings threshold, with notice after its been suspended for months but apparently a transaction in July?

[tsmith2] 06/10/2017 22:39

Net back at 20,000 BOPD = $600k, $220M pa!

[cutlery] 06/10/2017 16:44

Hi FA
From the recent interim report they said Q1 2018 for next drill. I hope it is sooner, that would be nice.
'The LTT will be followed by the drilling of Indico-1, a well targeting an updip section of the Mariposa play on the Lower Sands. This well is expected to spud in Q1 2018. The block has unrisked prospective resources of 142.3MMBO and 13.4MMBO contingent resources net to Amerisur.

[foiledagain] 06/10/2017 16:17

Are ONGC in for another drill shortly?

Tender ref:1453916170925 25/9/17 deadline TODAY. Purchase of casing pipes & tubing for drilling of one well.

[barbie60] 06/10/2017 14:34

Is the phantom seller still not satisfied?

[al101uk] 06/10/2017 14:09

Thanks Laptop15, I'll never understand it, I don't think it's in my makeup... interesting non the less.

[bigwavedave] 06/10/2017 13:19

I'm waiting for the bigwavedavewave.

[laptop15] 06/10/2017 13:14

Wave 1 was to 14.5p-21p ish the all time low...wave 2 went down to 18.75p ish bottomed out...today signal a change in momentum again wave 3 now starts today!! New buyers coming at new base level plus anyone waiting fot the change in momentum again....this is just my opinion

[al101uk] 06/10/2017 11:54

Laptop15,

Ignorant of charting things, but why couldn't this be wave 5, wave 1 having started in the last part of August?

Looked at Elliot Wave a while ago and couldn't get my head around it at all, so purely out of curiosity.