Amerisur Resources Share Discussion Threads

[swerves1] 23/12/2018 08:15

Gemiotte, this is it:

hxxps://moneyweek.com/499540/share-tips-of-the-week-117/

Though it was quoted from the Shares Magazine, as mentioned by bigwavedave, which is a subscription membership.

[bigwavedave] 22/12/2018 21:06

It's actually a summary of the Shares mag piece from a round-up of tips in other publications.

[gemlotte55] 22/12/2018 19:24

Thanks swerves. Can you paste the article please

[swerves1] 22/12/2018 18:54

Amerisur is mentioned in this week's MoneyWeek as 1 of their 3 Share Tips of the Week.
All good PR!

[knackers] 21/12/2018 16:37

After hours 240k 'UT' at 15p

On today's volume! Erm that'll be a gap-up Mon open m'thinks ;o)

[somnus101] 21/12/2018 16:14

ML Warmly reciprocated. Join you in looking forward to a bonanza 2019.

[moneylender] 21/12/2018 15:29

Black Friday today and i am off out, I know Monday is half day but I dont think i will be about. So its that time to wish you all a Merry Xmas and a prosperous New Year and as an Amer holder I know it will be!

Merry Xmas everyone.

[knackers] 21/12/2018 15:13

T, I've come across some well researched papers recently (incl MacroStrategy Partnership) that convincingly argue that peak conventional/low cost crude production (and from large scale, rather than fragmented reservoirs) peaked about a decade ago. Sobering analysis especially for the short term spivs playing with today's POO like a down-pick banjo.

[paradores] 21/12/2018 14:22

The irony is cheap oil today = higher priced oil within the decade. Perhaps our only chance of relatively "cheap" oil in future might well be to keep the average price above $75-80/barrel in the near term.

I think long positions Brent from $53 will do v nicely over the coming weeks/months. The market and POO has to stabilise and ASAP iro $70 else we're heading for a supply crunch and with that... well, let's not go there!

[tyler durden1] 21/12/2018 14:06

Knackers
Absolutely agree.

Does make me wonder whether the anti fossil fuel brigade and their propaganda, including shale, are doing it because of the impending shortages of it.

If you took the estimated 7,600,000bopd of tight oil produced (most of it at a significant loss), what would the world demand and supply situation do then with the price of oil.

Still hundreds of countries that need more and more oil or resources demanding oil to rebuild infrastructure etc., and India via ONGC trying to secure future supplies for the next super economy

[mark of the rushes] 21/12/2018 12:39

Half day Monday.

[knackers] 21/12/2018 12:37

Agree T but the bigger picture and story is one of shale being absolutely necessary. If you factor out shale, new-conventional oil discoveries in the last ten years have been derisory.

Certainly the world economy will now benefit from this temporary low POO fillip, but that's stoking big problems down the line. 2019 capital expenditure plans for many shale cos in the Permian will now be under review.

Right now the algo boys and hedgies are running amok - they risk wrecking tomorrow's market.

[boatman123] 21/12/2018 12:20

15 plus at closing be nice today , is the market open Monday anyone know ?

[tyler durden1] 21/12/2018 11:56

Knackers
Problem with shale including Permian is scaling back creates an impossible situation of production loss. Its hard enough keeping production on par, having to drill more and more wells because of legacy declines. once you stop drilling the legacy wells declines will drop production like a stone, and that will show up what a Ponzi scheme shale is.

Factor in the rising interest rates too and there will be more and more going bust.

Amerisur prove that periods of low oil price, manipulated or otherwise are just an opportunity to gain more acreage for peanuts.

[knackers] 21/12/2018 10:56

IMHO further intervention, beyond OPEC's efforts to stabilise markets will be required as this ridiculous volatility is not sustainable.

Speculators/shorts are not remotely interested in factoring in the inevitable crunch to come. Current, let alone future oil production costs will require a significantly higher POO than $50-55! Fact.

“Due to the dramatic decline in oil prices, realized pricing in the Permian Basin is near levels not seen since the end of 2016, while service costs have increased by ~35% during the same time period. As a result, and as a sign of our commitment to capital discipline, we are reducing our planned 2019 activity to levels where we can operate within cash flow,” Diamondback’s CEO Travis Stice said, noting that future activity will depend on the commodity price trend in 2019.

[juuunx2] 21/12/2018 10:48

Let's hope you don't get chance to average down Lucy. Merry Christmas

[tsmith2] 21/12/2018 10:35

Against the sector moves always indicative I'm expecting a bang in the share price here early Jan

[lucyp00p] 21/12/2018 10:15

To hell with this. What will be, will be. Hopefully more ups than downs in the year ahead, but the world appears to have lost it's collective mind. Students of history reviewing the actions of deranged tyrants must be aghast that lessons are never learnt, but perhaps it takes a special kind of sociopath to want elected office.Here's wishing all the entertaining and informed posters here a fantastic Xmas and bountiful new year. My new years resolution......No more averaging down.

[tyler durden1] 21/12/2018 10:05

1. They would not have any other choice if they wanted the company as Giles has previously stated and where too many shares are held which would prevent any chance of a hostile.
2. You assume its based on today's SP, which I do not believe is a measure of the share price in terms of fundamentals let alone news to come

[ladeside] 21/12/2018 09:51

I don't think anyone will be paying a 700% premium in these markets.

[jotoha2] 21/12/2018 08:55

Charts also do not cover the possibility of a monster find , time will tell !

[tyler durden1] 21/12/2018 07:27

No chart, but be surprised if it doesn't go for a pound. No possible hostile, which is why imo there's been no approach.

charts imo do not cover a position which has been continually sold into by a holder of millions of shares and apparently dripping them into the market for maximum effect on share price

Fundamentals will drive it and its still trading below value imo.

[lbrokes] 21/12/2018 06:22

How about that

[lucyp00p] 21/12/2018 00:44

Excellent analysis I'm sure but if these are cheap, which you say they are and I'm sure we all agree, why set a limit on your buys? Just buy whatever you can. Oil won't fall much further and 300k shares is peanuts. Think big and buy the Lambo when you're done.