Member Info for BumblingFool

Hi Doc

Where you getting your short info for this share. I use shortracker which isn’t showing any positions for AMER?

This has been nose diving last couple of sessions without any explanation, not sure how mutch further it will fall. I’m confident that there are good returns to be made at today’s price!

I’m the same sold a lot of these around 650. Still got a few though. Would like to start adding again but I went big on AMER which hasn’t gone well! Tied up there waiting for it to climb back up.

Looks like you got your wish to get in sub 600 today, if only.

Fair enough owls see you back when your ready to invest.

In line with expectations, hopefully see SP continue to recover today.

I think the change to quarterly production updates is probably a good thing. The T sands info was a bit wish washy, might not be well received. Reading between the lines suggesting flow drop off to me. Other news was not new information Although nice to have rig build confirmed. I’m not expecting great moves either way today, although a climb back to 15p by end of November is likely in my view.

They have already said no Divi this year. They will introduce a divi once they have steady production from multiple fields.

Wow mutch better than expected, will pay back well in a year! Naturally Flowing! Hopefully see a return to previous levels

The fact it gets a mention in the chairman’s farewell from ONGC, demonstrates that he considers a significant play. They have previously said they are only focusing on fields where they can achieve production on circa 25k barrels per day.

I’m confident I’ll get my head back above water here and see a tidy profit, just patience required

They are planning 3 wells back to back according to this document, under the exploration portfolio section, 4th paragraph
http://www.ongcvidesh.com/wp-content/uploads/2018/09/Farewell-Message.pdf

Hiring of Testing tools and Completion services for two exploratory wells in CPO-5 block, Colombia

Tender No. ONGC-VL/COLOMBIA/MM/TESTING TOOLS/ 169/ 2018/34

Last Date of request for issue of tender and : 15.10.2018 upto 17.00 Hrs COT
(along with documents evidence meeting PQC)

Last date & time of bid submission : 06.11.2018 at 14.00 Hrs COT
Date & time of technical bid opening : 06.11.2018 at 15.00 Hrs COT

Tenderdoc-Testing & Compln(SA)
PQC – Testing & Compln-Sol

ONGC May be slow, possibly not by AMER standards lol. But it’s CPO 5 that will see this recover in my view. Managed to get my average down to 15.3. Seems a long way off at the moment!

http://www.ongcvidesh.com/wp-content/uploads/2018/09/Farewell-Message.pdf

Well let’s hope you don’t get an opportunity to invest here!

Plenty of speculation of $100 oil soon, in media outlets this morning. Currently holding above 80. Might help soften blow

Disappointing! Decent attemp at sugar coating in the RNS. I think CPO5 is the game changer here but I wouldn’t be surprised by a negative overreaction by the market this morning.

I was having a look at trades by size this morning, seemed to be some hefty sells, decided to take a little top slice at 651.5. Hope it pushes on and I live to regret it!

I liked it,brought together the facts and a fair analysis in my view.

Just hit 80 a barrel again. Trades appear to be weighted on buy side yet the SP continues on its usual ride!