Member Info for Ade57

I don't see ' High Vol sales'

We need a sale so we can move on, I was looking forward to tapping that ocean of oil, maybe sinking several wells pumping out 5000 barrels a day , could have been done by now. ONGV, have put the brakes on that. So it wasn't to be, hence we sit watching this kettle boil.

Just a glitch I think, it was showing 2 first thing this morning when there was only one.

You know a lot more than me CD, hope they are in a position to buy us out. Seems to me the bod must have seen an opportunity to maximise their retirement fund having worked closely with Oxy over recent months.

But all the recent news about Oxy has been bad, profits down , share price down.

Is anyone familiar with Michinoko Ltd. registered as of British Virgin Islands

The top 10 share holders in Amerisur hold 54.4% of the shares, see list below. If they think its a good idea to hold, maybe its a good bet. If you add on the bod shares and other companies holding a million shares plus. I doesn't leave much in the hands of individuals like us. Looks like we are in good company.
Michinoko 134,452,585 11.1%
Hargreave89,250,000 7.34%
AXA . 69,125,693 5.69%
River & Mercantile Asset Management LLP 66,559,024, 5.48%
Interactive Investor Ltd. 60,990,947, 5.02%
FIL Investment Advisors (UK) Ltd. 57,455,393, 4.73%
Legal & General Investment Management Ltd. 52,968,281, 4.36%
Hargreaves Lansdown Asset Management Ltd. 51,772,000, 4.26%
Hargreaves Lansdown Stockbrokers Ltd. 40,868,000, 3.36%
Jarvis Investment 37,728,963, 3.10%

Today Buys 5.5 times the quantity of Sales, am I right to think we are on the way up. Anyone voting for 20p today. Can I say 'The Is have it'

If we reach 22p I will take the profit and move on but it would have taught me a lesson, not to over load on a single investment. All year I have been trading with my hands tied behind my back, not having the size of cash flow to maximise other investments. However, it maybe worthwhile if the value in this review from share hub 5 Jan 2019, is anywhere near correct, at 60p
Amerisur Resources – 2019 Entry price 15p. Y/E Target Price 60p. Amerisur Resources has been hammered over the last 2 years by the presence of a persistent High Net Worth individual called Rex Harbour. A sizable amount of stock was dripped into the market on a daily basis which over time dented sentiment and eroded any good news issued by the company. Strategic pipelines were built, costs lowered, prime exploration acreage bought and increased. Cash pile increased. Production doubled. Oil Price doubled. Debt free. Yet Amer’s share price has virtually halved from levels seen 2 years ago. Odd indeed. Today, the company is in a better position than it was when the share price was last at 32p. Recent success with the Indico-1, OXY farm out deal and a plethora of director share purchases… a company brimming with confidence. 2019 is a busy year on all AMER’s assets and by the end of 2019, any potential predator out there will have a very good idea of what value AMER presents. TheShareHub predicts a take out price of 60p. Success across the exploration folio is crucial in attaining this price.

yes been following them for months, wish I had pulled out of here and bought them as I told my daughter 2 weeks ago. If you read the Ironveld chat yesterday , you will see the rise was predicted confidently prior to any movement.

Amer has opened on 18p a few times this week as we are trading around 19p this seems strange anyone have a theory?

Rivers last sale 155,800 shares is negligible compared to their total holding of 68,392,124 shares. They are playing with the market. Maybe they are trying to lower the price in order to buy in bigger later, maybe too obvious, just a thought.

Averaged 4342 bpd for the month so far.

Amerisur down 32% since this time last year. Doesn't make sense.

8 sell total £10K and the SP drops to 16.52. This is bull. Next we will see £500K buy and the SP won't move

Yes and the AGM is in Cardiff, I may attend.

A sell off on Friday but the price held, some good buys today but the price doesn't move.
That seems to be good? I'm not sure what's happening can you explain Tom. Why didn't the SP drop Friday, and why has it been so stable awaiting the news. In the past the mms let it fluctuate 10% before Xmas. There must be logic somewhere

Has something leaked? Lots of early sales. Some fairly large.

Very amusing , 22 next week will do

Check again and you will see a net 5.83 million share buy, There are two positive buys and one negative buy, leaving a total buy of 5.83 million, someone has confidence at this price. Let's see if it affects the opening SP.