Amerisur Resources Share Discussion Threads

[laptop15] 27/3/2018 18:44

4 trades totalling over 10 million shares on LSE level 2 which at the time they showed up are looking like buys!

[3roach] 27/3/2018 18:00

12 million plus showing as todays volume on LSE site?

[eddie_yates] 27/3/2018 17:01

That makes a pleasant change.
News tomorrow then!

[bryet] 27/3/2018 16:34

Is the worm turning or is it a false dawn?.

[al101uk] 27/3/2018 16:33

Net cash generated by operations was $8.5 million at interims, I'm looking for something fairly well in excess of that for the second half given that we've had an uptick in both production and oil price.

I believe I put the number at $40 million-ish, but I don't have my calculations to hand and I know I caveated it.

[big7ime] 27/3/2018 16:09

With production ramping up to almost 7000 bopd and operating netback of $29.6 per barrel in H1 2017 and rising, the company looks poised for positive cashflow. Having no debt issues, and a cash balance at the half year of $29m, Amerisur looks in very good shape and could be about to deliver profitability – if not in FY 2017, it seems likely in 2018 barring any breakdown in the oil price recovery.

[al101uk] 27/3/2018 14:26

Profit vs free cash generated from operations.. very different beasts.

I'll be watching the latter.

[big7ime] 27/3/2018 14:10

Remember Made a loss in first half,

In 2013, made 75m profit when ave poo in 90s
Poo today 70$ but costs have decreased so I thought 20m
That article stated 2m, very cautious view imo

[eddie_yates] 27/3/2018 13:59

2 mill every week dodge

[dodge city] 27/3/2018 13:50

2mill, is that all?

Didn't someone say they were earning 20mill.

[big7ime] 27/3/2018 13:21

ML agree the profits must be being made but not sure how much. Why do they think only 2m in that recent article posted on this thread recently?

[aceuk] 27/3/2018 12:26

A bit of pointless ramping never hurt anyone, better than the doom and gloom of a long term investment waiting for a take-over bid ;-)

[lucyp00p] 27/3/2018 10:31

Well a shift is better than a shaft

[odvod] 27/3/2018 10:06

I would wait for higher vol and several days of higher close before declaring a shift.

but it is about time to shift as you rightly present all the arguments for it.

[laptop15] 27/3/2018 09:26

Momentum shift imo.....selling pressure lifted behind the scenes is my guess...sp should now move more normally! A good blue run ahead with 3 pieces of news due before 16th April. Monthly production update, oil reserve update and the results out on 16th april. Good luck all shareholders!

[al101uk] 26/3/2018 11:13

advfn's first tentative steps in to the world of crypto.

[moneylender] 26/3/2018 10:51

Whats all these "plus one coin" stuff?

[philwalker36] 26/3/2018 10:42

And here comes the selling.

[eddie_yates] 26/3/2018 10:40

Ello Ello Ello, Whats all this then!!!

[juuunx2] 25/3/2018 19:30

I've got a good feeling about the week ahead....

[bryet] 25/3/2018 18:05

The question is have they maintained or increased they monthly output or has something happened none of us know about that might explain the share price drop...just saying!.

[bigwavedave] 25/3/2018 17:07

Reserves update this week? Mañana?

[acv74] 24/3/2018 15:10

ML the numbers say it all....but when will the market realise this?