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Ian Williams, from Charteris Treasury, talks about investments in gold and silver Watch here

Ian Williams, from Charteris Treasury, talks about investments in gold and silver


Amerisur Share Chat (AMER)



Share Price: 20.25Bid: 20.25Ask: 20.50Change: 0.00 (0.00%)No Movement on Amerisur
Spread: 0.25Spread as %: 1.23%Open: 20.50High: 21.50Low: 19.75Yesterday’s Close: 20.25


Share Discussion for Amerisur


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B2HS2L
Posts: 57
Observation
Opinion:No Opinion
Price:20.75
Chiritza
Today 16:22
I believe the current sp is languishing because investors are cheesed off that oil export via the OBA
is constrained due the perceived need for the Chiritza pumping station.

From RNS dated Thu, 27th Oct 2016 12:45.

Quote starts
The Company has a guaranteed throughput of up to 5,000 BOPD in the pipeline and an increase is
currently being negotiated.
The technical capacity is 50,000 BPD and the line has a currently installed
export pump capacity of 18,000 BOPD.
End Quote.

Is it that the export pump is not fit for purpose, or is it that SOTE need to install a pump
as part of the guaranteed throughput of 5000 BOPD?
I was so unimpressed with the situation when export constraint was identified, that I sold most of my shares.
I believed the resolution to this problem might lay outside of AMER's ability to do anything about it.
I try to keep up with the situation, but I may have missed something.
I do not think Malcy has mentioned Chiritza, and avoids discussing export constraint,
describing AMER as being "unlucky".

What if AMER manages to export 5000 BOPD every day, is SOTE likely to sit on their hands -
job done - or will they provide further assistance?
Hopefully we will find out soon enough.

Its unknowns and issues such as these that explain the present sp for me anyway,
and the seller has picked his moment hasn't he.

On the bright side
A transportation cost saving of at least $10 / barrel, at 5000 BOPD = $50000 / day - can't be all bad can it?
- straight on the bottom line surely, -
pays for the pipeline in 18,000,000 / 50000 = 360 days or one year,
less than a year if > 5000 BOPD passes through OBA.
 
tom111
Posts: 1,568
Off Topic
Opinion:No Opinion
Price:20.75
oil
Today 15:46
up another 1% just now over $50
Howard05
Posts: 70
Off Topic
Opinion:No Opinion
Price:20.75
BOARD
Today 15:18
Done a small 5000 share top up after news today as we appear to have turned corner==need to see OBA input rising to 7500 over coming months and more excellent Drills
tom111
Posts: 1,568
Off Topic
Opinion:No Opinion
Price:21.00
bargain
Today 14:50
basement price here imo,time will tell . Malcy hasn't a bad word to say for the company as you know and believes its cheap
B2HS2L
Posts: 57
Question
Opinion:No Opinion
Price:21.25
Pad 2N Tanking
Today 12:41
Tanking from Pad 2N to OBA receptor tanks, -
1) How far is this please?

2) Are there good tracks or roads for these tankers please?
Trying to gauge whether tanking is likely to be expensive.

3) Does Pad 2N have any tanks?

T sand results awaited - perhaps even more good news.
Agreed Howard05, nice to see the board reporting promptly.
Howard05
Posts: 70
Off Topic
Opinion:No Opinion
Price:21.25
BOARD
Today 12:04
Credit where Credit due-Board realising need to keep market informed on a regular basis. I was naturally annoyed at the Boards lack of information between Sept 2016 and Jan 2017 BUT they have woke up at last==Todays RNS is great news and so is throughput of OBA Steadily raising. We still need urgent update re Licence to increase BOPD above 5000 and latest update on ongoing progress to increase potential Throughput.. Well Done Giles and please keep us informed
NMH19
Posts: 6,378
Off Topic
Opinion:No Opinion
Price:21.25
Opps
Today 11:58
I meant Malcy....
NMH19
Posts: 6,378
Off Topic
Opinion:No Opinion
Price:21.25
Re: applebee
Today 11:49
Not too sure is the answer, I bought in after watching a Maccys ? Video in which he tipped this share; after a wee bit of research I added it to my gas and oil portfolio. Not one of my trading shares ( thank god).....
applebee
Posts: 968
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:21.00
RE: Applebee
Today 11:45
Brokers seem to be quite bullish on this one. But despite what looks like a good RNS there's very little movement in SP. Is this characteristic of this share then?
NMH19
Posts: 6,378
Off Topic
Opinion:No Opinion
Price:21.00
Applebee
Today 11:41
I've been here for a while, unfortunately I bought in at the high twenties but have followed the price down and recently bought some at 22p and a little top up today. Not a huge holding but with the pipeline and possibility of increased production I'm happy to hold for a while. GLA




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