Amerisur Resources Share Discussion Threads

[mickinvest] 12/9/2019 08:57

I'm out, bought into these on the back of JW and his interview at beginning of the year and the director share purchases. Company has went nowhere and if you don't trust the directors, you shouldn't invest so time to move on. Good luck holders on a decent offer.

[foiledagain] 12/9/2019 08:53

with H1 2018 production at 5,959. Compare that with current production 6,900bopd?

Indico 2 H2 (dare I mention imminent)

[blackdown2] 12/9/2019 08:33

The answer to that is no. In fact target now raised to 45p.

[broncowarrior] 12/9/2019 08:28

Cash position looks ok to me. It's up.

[blackdown2] 12/9/2019 08:20

We’ll all find out by around the end of October.

[tyler durden1] 12/9/2019 08:17

Seems to be the BoD are not doing a bad job?

[astorcourt] 12/9/2019 08:10

Stop trashing your investment

[lucyp00p] 12/9/2019 08:06

Somebody is

[tyler durden1] 12/9/2019 08:00

So how come they have less money now, when they didn't use much of the Capex for drills they never did.

Oil price higher in that period? Less money spent on Drilling, less production?

Something isn't right and if it isn't sold someone will need to go for a long walk leaving their options behind

[philwalker36] 12/9/2019 07:58

Shows how much bottom line impact a decent POO would make.

[bibdaddy] 12/9/2019 07:56

They're not fraudsters they are just incompetent!

[mrx001] 12/9/2019 07:52

Think they are fraudsters, they make promises and don't deliver!

[rollthedice] 12/9/2019 07:51

Unsurprisingly update fails to inspire... becoming a bit of a trend with AMER. At least they added a little to the cash pile despite lower production/oil price.

What impact will this have on bid activity?.. Little I would have thought given reason for lower production and green light for 3rd part exports given late in the period.

[acv74] 12/9/2019 07:46

Bib daddy the guidance is an average for the year

[kaos3] 12/9/2019 07:46

apologist - searching for words?

[kaos3] 12/9/2019 07:35

luckily they are not fraudsters

[kaos3] 12/9/2019 07:32

what we get:

HSE compliance
Political and Social Developments
Board, Governance and People
Strategic review and FSP
Corporate successes
Steady production growth


how about a line about

OUR SHAREHOLDERS PERFORMANCE

[davwal] 12/9/2019 07:29

The company is to be sold so no contracts are being entered into to avoid tying the new owners to stuff they don’t want.

[kaos3] 12/9/2019 07:28

not saying where and how the cash is parked.

not explaining the net margin movement

[kaos3] 12/9/2019 07:28

not explaining how much of the third oil party was shipped