Amerisur Resources Share Discussion Threads

[bibdaddy] 02/3/2018 07:10

Agreed 2nd RNS is a nice reminder of reduction in costs!

[bad gateway] 02/3/2018 07:09

Dunno 6800's not bad imo. This is aim so surprised it wasn't 4000b's.
Second RNS is a nice follow up

[bibdaddy] 02/3/2018 07:04

RNS out....not massively impressed with volume approx. 6800 per day

[boris cobaka] 02/3/2018 05:04

Is it more about them changing their stance but keeping the share price target the same?

If it is what a load of bollux..

[jailbird] 02/3/2018 00:34

Peel previously had a target of 20p..( someome said above)

So this is a downgrade

[laptop15] 01/3/2018 20:14

Fsa watcher....your having an absolute laugh. This share is going to rise from here....guess your wanting to deramp and buy cheap or are shorting this??Good luck with your game playing ;-)

[fsawatcher] 01/3/2018 14:54

this norm rise lot more when monthly production report comin but it still tradin like it a dirty dog in a white walled room innit

it goin go down faster than a old chicken at kfc if production numbers poor

i still fink it goin to 11p coz seller relent less like decaprio bear fight revenat

nasty

[lucyp00p] 01/3/2018 14:49

Kudos to you Dodge. Your penny share is powering ahead on massive volumes - £20,000 or so today alone. Pity the poor saps that bought it at 60p 3 years ago. Not you I hope.

[davwal] 01/3/2018 13:48

Harrisun, whilst a number of reasons are possible for the lack of action, a listed company has a responsibility to its shareholders to keep them informed, rather than leave them speculating in the dark. The company has previously stated its plans and investors adjust their holdings accordingly. They, like all public companies, have an obligation to inform regarding material change. This has often been a sore point and some improvement has been made, but there still seems reluctance on their part to communicate on strategic matters that can impact the share price - as now.

[dodge city] 01/3/2018 13:07

What, to 19p?

I'm really excited about that.

[laptop15] 01/3/2018 12:55

Breakout coming anyday now guys, just giving you the heads up. Nice set up on the charts:)) blue skys ahead!

[davwal] 01/3/2018 12:24

They’ve changed to Add maybe, but they have reduced their long-held target price by a penny. Talk about damned with faint praise.

[lucyp00p] 01/3/2018 12:18

Peel Hunt have been extensively criticised here in the past, however they have been uncannily accurate with their research. I'm pleased they think it's a buy.

[laptop15] 01/3/2018 11:57

Buyers coming in now :))

[master rsi] 01/3/2018 11:39

Amerisur Resources PLC (LON:AMER) Hit By Peel Hunt Upgraded.
Has GBX 19.00 Target; Afam Capital Lifted Its Kroger (KR) Holding
March 1, 2018 - By Dolores Ford

Trading of Amerisur Resources PLC (LON:AMER)‘s shares is going to be interesting today, as Peel Hunt upgraded the stock to a “Add”. Along the rating upgrade, Peel Hunt analysts gave a target of GBX 19.00 or 16.00% more.

Amerisur Resources Plc operates as an independent exploration and production gas and oil firm primarily in Colombia and Paraguay. The company has market cap of 198.31 million GBP. It has a 100% working interest in the Platanillo block covering an area of 14,341 hectares in the Putumayo Basin, in the south of Colombia; 60% working interest in the Putumayo-12 block covering an area of 55,000 hectares adjacent to the Platanillo block; 50% working interest in Putumayo-30 block covering an area of approximately 38,514 hectares located in the northern Putumayo basin; 30% working interest in the CPO-5 covering an area of 198,000 hectares located to the south of block Llanos 34 and to the east of the Corcel fields; 100% working interest in the Tacacho contract located in the Caguan-Putumayo basin; 50% working interest in Putumayo-8 Block located adjacent to the west of the Platanillo field; 100% working interest and operatorship in the Coati Block located to the South West of the Putumayo basin; and 100% working interest in the Andaquies Block located to the north east of the Putumayo basin. It currently has negative earnings. The firm also owns a 100% interest in the Putumayo-9 contract located to the east of Platanillo; 58% working interest in the Mecaya contract area; and 100% interest in the Terecay contract area.

[acv74] 01/3/2018 11:16

I think the plan originally was that we would get to 20,000 bpd by close of play 31/12/19 on our own operated sites and anything from CPO-5 was a bonus on top. A rather large bonus as it's turned out.I'm looking forward to seeing an updated plan of how we can achieve this.

[laptop15] 01/3/2018 11:16

Broker Peel Hunt upgrade to ADD for AMER :)https://twitter.com/laptop1515/status/969169084440109056?s=19

[laptop15] 01/3/2018 10:59

Agreed acv, financials in april should read well :)) they seem confident on the 12,000 bopd so drilling should commence soon as 5000 bopd needs to be gained. CPO5 could obviously add large chunks to this total too so there is nothing to worry about.

[juuunx2] 01/3/2018 10:57

Agreed an operational update with some good news would give us a bit of momentum.

[acv74] 01/3/2018 10:27

Presumably the next update will be Monday, I'm looking for an update regarding the drilling program as well as the normal monthly production figures (over 7,000 bpd please).They have said 12 drills in 2018, one-sixth of the year gone already, we need to see progress or the year end target of 12,000 looks a remote chance.Still the fundamentals here are incredibly good, value will ultimately out, just hopefully quicker than it has been doing!! The financials to 31/12/17 should show good profits which will help.

[davwal] 01/3/2018 10:16

The BOD now needs to explain why they are (apparently) not carrying through their drilling programme regarding the N sands - two wells in the first quarter. Quite how they think such strategic information is not worthy of clarification is beyond me.

[laptop15] 01/3/2018 10:10

Makes me laugh looking at the weak PI's selling at this level.....#knowthegame. share price will move much higher soon...mark my words. This is why most investors lose on aim, selling low and buying high. Buy the fear if you believe in the fundamentals of the company. At this level this is extremely derisked and the company is in the best position its ever been in.A TRANSFORMATIONAL YEAR AHEAD IN MY OPINION.GOOD LUCK ALL SHAREHOLDERS