George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Does anyone have an up to date contact at Camarco?
I used to use, Thayson but had no reply so assuming hes moved on.
thayson.pinedo@camarco.co.uk
It's a shame Laptop decided to turn the twitter group into a ramp fest at stifle open discussion around the company as with a little organisation we could force the BoD to pay attention. The move to 3 monthly reporting is an absolute joke, the only update we get now is from the OBA tracking website, but even then without knowing how much 3rd party is going through who knows? We should have set up some kind of spot buying for oil locally since the OBA is no where near 9k output, the pumping station looks like a complete waste of time since we have put more than 7k down pre Chiraz.
We have asked for improved communications, and they decide to limit information. Something does have to change, I've had enough of Giles, and I voted against him with my 705k shares, i'm guessing a lot of PI's didn't even vote, thus why he just gets re-elected every year.
Time for Giles to go! John get back to what your good at and leave the other bits to someone else.
You have authorisation for a buy back, at these levels it's a no brainer and put them in treasury, then if we need funds in future these can be sold at open market if a good opportunity does arise.
Oh and for god sake stop getting interviews with the mouthpiece.
1 million blue buys.....but main page says something like 497k?
So around 2000 extra over 3 days average? How much does one of those tankers hold?
I agree, but ongc are doing no favours with the drill program which makes me think they wanna know exactly what's there by doing more expo before buying us out. I mean if the oba was utalised at maximum (installed pump capacity) the savings alone in transport costs for the right company is worth millions a year. Think everyone can agree Giles has done amer no favours with his attitude. Its all about drill success., really hope I don't have to wait til 2021 for that, I have an extension to build that will hopefully be funded by growth here over nex 18 months. Oil sector suffering but we still need oil, sooner Donald has heart attack and get someone who doesn't start trade on twitter the better.
Tradeemup, The sooner I get out of Amer the better. I will never ever invest in a GC company ever again.I had Boohoo and ETO prior to buying Amer. You can imagine how I feel after buying Boohoo at 19p to sell at 32p....to buy Amer.Guess life teaches us lessons, this is mine.
If only, they can have my 705k for 24p each.
No, means the shares in issue have gone up by that amount, they are allocated to the employees that have been part of schemes
Idiot Americans think its the Chinese that pay the Tariffs....
$70 to $65.... not in itself overly alarming, no doubt be oversold.
Was hoping RNS, but think it will be next week, not sure if the production increase is from infill or 3rd party.
Considering we have employed someone to improve communication, cant help but feel it's gone backwards? Will there be a replacement for Dana anytime soon?
There will be no doubt some large trades today on the back of oil if there is a drop and someone working a take over in the background....lets see whats declared over next couple of days.
Wonder if today is the day for my 0.06%
Would of preferred them to drill the proven areas but guess the Indians had other ideas.
Hate to say it, but could they be targeting higher risk areas with a view of driving down the price in a potential purchase?
Completed do you think? Hopefully see a steady build this week. Wish they had done the safer drills first but at this price a duster has to be priced in.
Feel like for once I have to defend at least some of the actions from the board. Yes they made basic mistakes over promising with regards to drilling and other things. We are on track for drilling this year, the duster has obviously realigned us a little but I'm alot more confident this year that I was last. The purchases made during the down turn have worked out really well for us and the farm out deal will be potentially massive come 2020. Patience needed now, very little down side at these levels and very good upside potential. I averaged down other day from 21 to 16, happy now if a potential buy out does occur 22+p. Surprised no buy backs with cash on hand to reduce free stock.
F1 to be fair drilling isn't behind yet for the year, with only 3 drills planned for Q1 and Q2.
http://www.amerisurresources.com/images/rns-pdfs/Investor-Presentation-Feb-2019.pdf
Page 6
Has to be an option to return share holder value
I believe this is the bottom for Amer, Spud news over next few weeks.
Just buy and hold, think we will be back up to 20p within next 4 months.
Would of liked to have seen details of deal? How much per barrel? $5?
Through OBA at leastnot including CP05
03-abr-19 04-abr-19 05-abr-19 06-abr-19 07-abr-19 08-abr-19 09-abr-19 10-abr-19 11-abr-19 12-abr-19 13-abr-19 14-abr-19 15-abr-19
2.815 2.814 3.911 3.907 3.912 3.909 3.917 3.912 3.715 3.505 2.903 3.502 3.303
3917 yesterday. Over $100m revenue if this can remain constant through the year not including CP05.
We need that tariff deal asap, why is it taking so long? The pumping station is not being used since we was putting this down the pipe at higher levels without it until we get more oil.
I've been looking at this for some time, it's now been consistently double what it has been 1800-2200 for past few months, latest figures:
1st April 2.119
2nd April 2.011
3rd April 2.815
4th April 2.814
5th April 3.911
6th April 3.907
7th April 3.912
Government have obviously finished taking their cut for the year and the first work over is bringing us back up.
There are several reasons why II's aren't getting involved with Amer yet and it's mostly around previous delivery of plans as most long term holders know. If it wasn't for CP05 I genuinely do not know how low the share price would be. We have completed the pumping upgrade but have seen the OBA throughput drop to around 2000 (remember we had 7000 going through it at one point).
Last years drill program was a complete disaster since most of the planned well's were not even drilled. The market clearly doesn't have confidence due to past performance of the board, including the OBA delays. I hate the share price at this price but I can understand it, OBA throughput and production from Plat has capitulated. Hopefully a lot of positive news to come with regards drilling but until they actually deliver there is very little speculative buying. Hoping for a tariff deal for the spare capacity within next 3 months to bring in more revenue while we await further drilling news.
If you look at the February presentation for example "Potential 10-well Programme in 2019".....Well we had a 16 well drill program end of 2017 across 18 months, How many were delivered?
Drilling planned for this year can be found on page 6 of the Feb report. I can only hope 2019 is a year for delivery rather than potential delivery.
Here's hoping ONGC get the second drill rig in for CP05 and who knows we might make it back up to 30s before we know it.