Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Name calling on top of Netflix and chill references luckcounts: repeated child like behaviour... and I hope you're not buying Amerisur shares via your mothers credit card without her knowing it.. although hiding the bills from her for as long as this share price has underperformed would be close to a full time job :-)
Again, I am long this and have been for years. I'm clearly burning out by the journey granted - and on another favourite of mine PPC too granted - and currently plan to start selling down here if/when this goes close to 25p and be gone by 30p.. although the plan can of course change.. and, generally, I hope it goes to 50p or higher and those who had the tenacity to endure the journey get great rewards.
We're all entitled to an opinion and a good bullitin board is a broad chuch balancing between bullishness and bearishnesss.. and includes no abusive posters ... and with the price targets I have being up to double current share price I'm obviously BULLISH this share.
Depends, if they find 1P 150mmbo then bob's your uncle, whether that's likely or not is a completely different matter.
Is £1 really possible by end of 2019??
I think a lot of investors will hang back and wait until we have further verified the find in CPO-5, Calao-1 is going to kick this into overdrive!
That’s is, if we don’t get news of a second rig in the interim, that could really get things going up
One way or other, this s/p has been 'held down' for a large part of the last 3 plus years, you could argue guys.
Or you could just say market rate is different now across the board to pre 2015 ...and definitely not in a good way.
I don't look in her often - I've kinda accepted this s/p will be dragged up kicking and screaming only - and so apols for not responding to your response to my last post a week ago CoLDrake
You say :
Michu,
''30p might be fair or 60p might be fair or 100p might be fair. Impossible to say until AMER, ONGC and Occidental fully explore and reveal all asset resources/reserves.''
Indeed, but my point in a nutshell is what you think a fair price might be in circumstance x or y or z etc scenario might, as a medium or longterm player in the oil stock betting game, well be based on pre 2015 market rates.. these are no longer relevant and best just take somewhere between 30% to 50% off them for current day equiv. market rates. Cove is from a different oil paradigm and the price achieved ridiculously high and not relevant by todays standards.
It's now the shale world paradigm where oil reserves are factorially enormous... and many long term punters are slow to get their heads around this new paradigm.
Brent averaged over $70 last year and went well into the $80's for a while and I again ask you for one eg of a takeover at anywhere pre 2015 market rate last year?
Again, I have high hopes for very significant Amerisur reserve growth and production growth in the next 18 months .. and those hopes will need to at least mostly materialise for 30p to be achieved as a buy out price in 2021 is my opinion. With the excellent fundamentals here, excellent potential here and clear pathway to way higher highly profitable again here that we now all clearly see the s/p is 16 odd p.... as in SIXTEEN odd pence
This s/p and most every other s/p I hold - say 25 oilers at a given time - strongly back up my point and have done for a meaningful time now (and I bet i hold many of posters here best tips)
I think with all the news coming out this is going to rerate very quickly when it does, so get on board soon, not many tickets left. Happy to see 70p - £1 before year out.
With such a positive outlook going forward the sp movement over the last couple of weeks does seem odd to say the very least
i mean, whit?
methinks some funny business going on with this share.