Member Info for IsaTrader85

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.

JTD it's nice to see a long term holder bring the board to account with a view point based on fact.

Know you've been here a while like myself, i'm going to give the RNS another read through as I might have missed key pieces of info.

Started to filter the people who only view this through rose tinted glasses. Maybe i'm still remembering last years early months RNS's regarding drill programs with excitement only to be vastly disappointed come December.

Lets hope for more info on drilling plans for the next year. ATB.

I did expect a re-rate.....The thing that hasn't changed in 3 hours is the share price......!

Also i'm not the market, i'm giving justification as to why I think this hasn't re-rated. Tell you what i'll add you to the filter list since your clearly just trying to wind me up.

I think my stance has remained constant like many LTH.....

I've given my view on company performance and share price on a balanced view. Highlighting areas where i've seen issue and praised where I thought they've done well.

I suggest you take your rose tinted glasses off, or maybe your just trying to ramp the share up, i've got no time for rampers, I want to see long term sustained share holder value added with a drill program thats delivered, not "expected drills". I "expected" more drills this year for example and LTH will know how that turned out. Most will also remember the exit rate for last year. Yes CPO5 is adding significant value, Amer should clarify that it is no longer not considered to be outside of the core assets and is not for sale.

Oh god I give up.

I'm not going to keep correcting you if you have no concept of oil production,storage and transportation.

If you can't see the PRODUCTION drop off in Plat over the last year then i'm trying to lead a horse to water.

Anyone remind me of the exit rate last year? Oh....... How many drills were we due to drill this year......Oh.

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.

DYOR.

Plat's production ONLY goes through the OBA (Amer no longer truck any oil). As i've mentioned previously, the numbers on that website have proven to be correct.

Justification for the lower production is due to the Gov taking their barrels from the well head as mentioned in the RNS.

Another big positive is confirmation they are working on tariff deals, i've wanted to see this for some time.

All in all, a very good update from the company. I have been critical of the previous RNS's from the company creating more questions than answers, but if this is the quality of 3 monthly updates then this is a vast improvement.

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

Well done Amer, keep it up.