I'm guessing here, but I had a look at the Amerisur corporate webpage and if you have a look at the latest presentation which seems to have been produced for the analysts' visit on 19-21 Sep it does on slide 19 confirm that final testing etc was being carried out and than the ARCH permit from Ecuador is needed thereafter. I'm personally therefore pretty relaxed about this as it was already clearly stated and I'm convinced that Ecuador would have stopped the OBA at infancy if it did not like it… Read More
No. Just putting up some hypotheses. Three weeks ago, massive fanfare with Malcy implying oil flow after the weekend. 2 Oct peace initiative fails. 3 Oct suddenly we need an "ARCH permit". 23 Oct we aint got it and still no news. One has to ask (anyone that is, not infected by confirmation bias :-) see excellent article in Stockopedia) WHAT IF Ecuador isn't going to issue it? I'm not proposing cut and dried answers just trying to encourage some creative thinking apart from the… Read More
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