Member Info for BumblingFool

I used google translate, the original article is available here.

https://amp.elespectador.com/noticias/medio-ambiente/petrolera-britanica-pierde-batalla-juridica-frente-al-pueblo-siona-del-putumayo-articulo-807966?__twitter_impression=true

On its website, the company Amerisur Resources informs its partners that it intends to drill 3 wells in the Putumayo 12 block. Also, and against its tense relationship with the Siona people, they say that "a Prior Consultation was completed with three indigenous communities, which allows more seismic operations in the block. "
The Amerisur representative in Colombia reported that the company is analyzing the judge's ruling and will soon make an official pronouncement.

Finally, on July 14, the Inter-American Commission on Human Rights ordered precautionary measures to protect them. The Commission explained that the petitioners reported on risk events that occurred this year, among which are threats, intimidation, illegal occupation of homes, armed confrontations, limitations of free movement and the presence of armed actors that would seek to consolidate their illicit activities in the resguardos.
On August 21, a judge of the First Civil Court of the Circuit Specialized in Land Restitution of Mocoa, Putumayo, decreed these measures and sent a clear message to several entities to commit themselves to the protection of the Siona people. (IACHR grants precautionary measures in favor of indigenous resguardos in Putumayo).
But the judge also ordered the Amerisur company, listed on the London stock exchange, to abstain "immediately" from carrying out actions aimed at carrying out the seismic project for Block PUT 12, some 54,433 hectares located between the municipalities of Puerto Asís and Leguízamo and that overlap with the Siona shelter. The company has a total of 11 blocks throughout the department covering 984,000 hectares.

Ammu why do you think it will fall because you don’t like what Eldorado has written on another board? His appraisal of AMER is correct, the question is will it actually eventually start to deliver. The SP is in its arse because the management seems to have no idea how long it will take them to do anything! But the drills are in the pipeline, well some of them!

Thought the UKOG board was the worst on LSE till I started following Lloyd’s.

I’m in today just under 264. Been watching this for a while, think it’s way oversold but I’m not expecting a quick rerate as the commercial property sentiment is so poor. Probably hold long term from here

Any profit is good profit. I top sliced again yesterday, tempted to take a bit more off the table at this level, but will wait for now, might be in for another climb from here

Nice response by the market!

Laptop I’m not a fan of your ramptastic posting style. But I have to agree with your sentiments. AMER is now my largest holding too

Think it’s something to do with anti dandruff shampoo ;)

Anapa I agree, given that it was seriously reduced last time and a new policy announced, I think it’s unlikely to be increased this year, unless profits are significantly up

https://www.dividenddata.co.uk/ex-dividend-date-search.py?searchTerm=Pfc

It’s not yet announced typically about 20th September

Lezz the tide must turn. The POO and the cash we are generating makes this well undervalued. The Mcap is nonsense! Never mind future prospects

Totally agree JTD it’s madness. We must be getting near to half the Mcap in cash!

Fingers crossed gains hold up here today! Hot day for shorters!

Took a little top slice today. More motivated by opportunity to average down in Amer than by the rise here. Hopefully both will give me a decent return. This share has been frustrating at Times but AMER has been mutch worse!

Every day hoping for that big piece of good news to finally arrive, today news came and it wasn’t good! Well offline possibly permanently, expecting rubbish production figures now and snails progress everywhere else. Very disappointing

I only have a small holding here and other posters such as mineralax are far more knowledgeable than I, but I think 10x where we are now is realistic. I’m reluctant to risk more at the moment as this is a loss making company and has been for some time which makes me twitchy

I thought it was a new tender last one I noticed was the day man. Seems crazy how these tenders are so far apart for pieces of the same jigsaw! Around AGM time I recall management saying they were round ONGC offices on a weekly basis, I don’t understand how we can not have understood the pace they are working!