Member Info for Ihadanideaonce

One day later than hoped. I can forgive them for that :D :D

A generic comment....at 1M shares a day, it would take ~36 trading days to gather an RNS-able holding.

Well.....people had been piecing together the production as the year progressed. The lack of 2018 drilling was already known. IMO, there was no disappointment in the market because it was all already known.

The only effect on cash position is that AMER aren't making it as quickly, but given the last Q and the oil prices, that gives a mixed view to lower production- they're storing some for sunnier days anyway.

The cash and reserves alone support a higher SP IMO, even without ANY positivity around future drilling and reserves upgrades. The SP is here because someone wants it here. The SP behaviour has no connection to Open Market buys and sells.

"The directors are not jumping in now, even though they did at 18p ?"

Possibly in a closed period.

Not heard any mention of that. Amerisur have tons of cash and Occidental. This might be the safest haven from placings on AIM

"is this potential bad news for the company?"

"We are only down here because MMs"

Oh, the difference 17 minutes makes.

The Automatic trades are setting the price. Trades of 1 or 2 or 3 shares are adding or taking off £500K+ from the MCAP. Utter nonsense.

He had 34M left on the 6th Sep. I think there's been 97 trading days since then. I can't back this up.... but I think he stopped selling because the bid was too low. There might have been 2 months with no selling from him- maybe ~45 days. SO... still selling, but not much left. If the selling had been constant, he'd be done.

There's also someone (IMO) trading multiple 50K and 100K blocks for a 1-2% at a time, which I think is nuts... but it's working at the moment....

I wasn't expecting the Wick drill to have this effect on the SP. REALLY wasn't.

Yup, filtering me is definitely easier than trying to back up your hypopcritical comment.

I'm not going to filter you, though, so I can continue to call out your comments if I think they're nonsensical.

Ensco 72 is MOVING! :D

Ha! If you think i'm ramping, copy-paste some comments. Show me.

On the subject of copy-paste....

You: 07.51 today: "Expect a re-rate this morning, given the drop over past few days I was expecting bad news. Think this could break 25p today."

You: 10.34 today: "This is why the market isn't responding to the RNS as expected, Amer need to deliver what they have set out and until they do we won't see the share price fly."

What changed in that timescale?

You've mentioned several times comments along the lines of "I have to conclude the the production is very similar to the OBA through put, no?"

"massive drop off in OBA through put. Figures for the last few months 2000-2400."

"Production from Plat still poor 2213 yesterday"

"Production and through put through OBA are directly linked as we no longer truck oil,"

Sadly the wider context is missing from a lot of your posts because I can't seem to view just the thread that they are used in.

I feel like you're moving the goalposts whenever you get called out on something.... your stance is also WILDLY erratic.

No, not production. THROUGHPUT

One of your previous posts: "I'm not insinuating there is a production problem, i'm saying there IS one to see the drop off."

Remember that you were hoping that you were wrong? The website appears to be generally aligned with throughput, but sans context/explanation.

Automatic trades still setting the SP. Generally annoying, but myabe today it's a blessing in disguise as it's preventing an unhelpful/unhealthy spike

Under-promise, over-deliver :D I'd rather have it played down when it's "just" a theory.

This news and an imminent spud (hopefully no more typical AMER delays) should hopefully be the 1-2 combo to break resistance and hopefully get some momentum going :)

+ cash

+ what's to come from future drilling (call it hype/hope if you want..... it plays a part in every company valuation)

+ OBA supply contracts

There are a few things i'd like a narrower timeframe on....

" Miraparriba-1 expected to spud in H1 2019 on Put-8"

"Ministry of Mines and Energy of Colombia approval to begin the purchase and shipping of third party crude via the OBA expected in H1 2019"

"The Company is currently updating the local permits and socializing the activities shortly to commence in these blocks. The initial programme envisages the acquisition of approximately 200km in Tacacho and 470km in Terecay of 2D seismic data in H1 2019. "

I was about to post the exact same thing! I am delighted with this news overall!

ESPECIALLY: "As a result of lower oil prices in the fourth quarter, the Company decided not to make sales from Platanillo in the month of December, and instead chose to store produced barrels for sale at higher oil prices in the first quarter of 2019."

I posted on December 5th:

"If they started storing it based on an oil price hunch.... then it's an act of genius.
Well... regardless of reason- if they've been storing it or a % of it for the last month or two, it's a positive."
"They can sell it once. I'd rather wait a bit and sell for a better price. It's what we do/hope to do as investors, I can't be a hypocrite about it :)"
"It's also, technically, what we expect them to do- maximise profit."

I'm awarding myself a cookie for that one :D :D :D :D

Also....... possibly a third rig! :D :D

About the chart and Golden Cross (or any other formation)

....does it still hold true if the SP chart is fabrication?