Member Info for HullFC4ever

Pressed it this time !!

Without doubt a strong Buy ..... forgot to press the button ......salivating at the prospect ..... dependent on 2019 successes with drill bit and acquisitions but mainly the drill bit

Sharehub Week 3
Amerisur Resources continues to impress with the recent Indico-1 flow results. AMER assets are land based (onshore) and they have decent options when it comes to exports via OBA pipeline or via trucked routes. Margin levels are better than your usual offshore explorer/producer. And being debt free, the incoming cash from production continues to mount up. Fully funded for 2019 ops and non stop high impact drilling planned for all year makes AMER one of the most compelling buys around today. At 18.7p, the stock has all the catalysts required to multibag in 2019… providing the drill bit delivers success of course. M&A has been active in the Colombian region and AMER may have to watch out for unwanted approaches by Occidental should the exploration campaign in the Putumayo region, go well. ONGC might have something to say about that too which is why AMER might find itself in a takeover battle come end of 2019.

Lot of sense in these two posts for Amer....... cheers guys
1. Amer is a minnow in comparison to ONGC and OA
2. Risk is off the table for Amer by being partnered with these two giants
3.The acquisitions by JWs knowledge have been top notch
4.If the Ecuador acquisitions come in then another massive plus
5. The building of the OBA is a master stroke which has not been fully seen yet in its capability.
6. Amers assets are strategic in location
7. The ocean of oil to be tapped into will be phenomenal
8. The age profile of the BOD may see them decide to sell but only when JW and GC feel the time is right
9. The overall project is too big for Amer alone hence the partnerships who also see the intrinsic value to join in with Amer particularly OA who are putting the $93m into the deal
10. The BoD are led by shrewd business guys

And finally
For us a couple of years is nothing and we will see greater value in our investments
And
Still surprised Nick Harrison has bought more shares ... I still think he will...
and
We as shareholders at our prices are in a great position for a massive windfall

Thought I asked a legimate question based on my initial feelings, and asked for people's thoughts.
It would appear that the take up of his incentive free shares wil not have an effect.
For that I thank people including yourself.
Your response was not appreciated in its tone.
I enjoy reading your posts generally
A simple indication of some form of apology would have been nice.
On pills, I personally don't need a chill pill but it reminds me to take a couple of paracetamol for my headache and wheezy chest .
I do not have an agenda other than supporting my largest investment in a company that I believe in.
I will continue to read your posts and that of others with interest.

Thank you Orackle for a well constucted reply ....

Please do not suggest for one minute that I am a negative poster
Read my last point I was writing as you were writing
Ultra positive
Read my earlier posts
Even asked for advice on the share issue

Pure dilution
The 2.2 million shares were free
They were registered yesterday and announced today
Mms knew ?? But not us
How can this be a positive at this moment in time after yesterday's Sp performance
Could a big buyer being set up ?
Please advise me
Remember I am ultra positive about Amer

2.2 million share dilution .... after the good news yesterday this is a sting in the tail .... maybe partially why mms kept it down as well.... further SP price fall
Hope there are not going to announce anymore today
Thinking positive big buyer being set up ?
Thoughts?

Thank you for the lengthy detailed generally constructive reads here on the board ..... in a position like I've never known !!

Amer is in its best position for a long time...The discovery at Indico 1 and the overall work in CPO5 and the farm out deal have changed the priorities for Amer in the last 3 months
Production is choked but basically stable at 5000+ bopd and cutting back the selling was a good strategic move, when the oil price is low . This shows the strength of Amer .... they can afford to cutback.... how often can you say that with an oil company on Aim?
Reserves are all at conservative figures but show increase ... a major gripe last year is being rectified and more is to come on this.
T Sands re- mapping ? Pushed back ? Change of priorities?
OBA to fully utilised with 3rd party oil until AMER want it for their own increased oil flow
7k ,17k,20k bopd Production are looking more feasible than 1 year ago
Superb quality oil with little of no water ... more value
Caleo 1 spudding soon followed by testing
Sol 1 and the second rig ... its ready to go
Talk of a 3rd rig?
Board members in U.K in Feb
Acquisition application results re Ecuador to be announced end of March
End of Year results April
Meanwhile drilling goes on
OA work later in the year
Oil price should increase to nearer $70
The ocean of oil and its size and reserve should be clearer
How can you not be excited?
Please add to the list because this top of my head stuff
Wow

Magnficicent
conservative estimates
JW so so excited
Production fine
Choked Production
Potentially transformational .... they have to say that at this stage but it is transformational
Read very carefully
Doubters put to bed
2019 will be a very very exciting year ... and beyond
Oilprice rising
Winners

Production and Operations update ... Monday?

It's the 17th .... the 3 month anniversary of the best practice announcement of quarterly Production and Operations update .... remember we were actually waiting for the monthly update of about the 8th of October....
so
In reality we not had an update since early September on Amer only activities !!!!
So
7am it has to be .... come on Amer ...
We need the news and 19/20p goes
Finally
Some lovely informative, thought provoking posts guys ...onwards and upwards I say and zi know you are in favour of that ..

The interview this morning by JW was great timing i.
Reflection of the on goings and mentioning aspects of the Year.
ACTIVE Year of drilling
Expecting spud later this month and Sol 1 to get another oil rig is Highly probable
Production data forthcoming
Nice to have a target posted of 35p, which is very achievable but was a wow to see
Markets jittery I guess with the Brexit vote tomorrow
If we can stay 19p/20p today thus consolidating then that's a plus because a number of stocks are down
In a great position for the boost upwards

We could have a couple of quick fire RNS instead of one .....
Have a good weekend guys

Health is high on anyone's agenda so get well Awsten and soon
To the rest, stay cool
We are in a good place with Amer.... the launch pad is at base 19/20 and ready for take
Margins have been tight to restrict day traders maybe playing around .... this week should see the 3 monthly production update
And maybe an operations update on the AMER only work

Sorry guys it has now correctly been posted to AMER .....

"As the company moves into a busy period of drilling, it will be providing regular operational updates around these activities, alongside quarterly production updates, as per oil industry best practice disclosure."

That was from Oct 17 RNS

Normally they gave their updates about the 8 th of the month and we had to wait until the 17th for this RNS
Depending on how you look st if your date could be anytime now or we wait until around the 17th

"As the company moves into a busy period of drilling, it will be providing regular operational updates around these activities, alongside quarterly production updates, as per oil industry best practice disclosure."

That was from Oct 17 RNS

Normally they gave their updates about the 8 th of the month and we had to wait until the 17th for this RNS
Depending on how you look st if your date could be anytime now or we wait until around the 17th