Member Info for maestro1

Cashflow!!!!!!!! Not cash...

Were the rumours quashed?

What if mea want to buy?

Hypothetical question, ridiculous levels. Cashflow is similar level to mkt cap, no debt..

cant understand this falling, the charts are showing this likely to fall to 15p.

Its unbelievable why its going so low.

This has plenty of legs to go. Will be 100% by end of day.. Imho

Deeper target is exploration, its the middle eocene we know there is oil.

Mentioned in The Times (Sat)

....."Amerisur Resources was a stand-out gainer among the tiddlers on Aim, the junior market, amid excitement that the Colombia-focused oil and gas explorer and producer is on the brink of a takeover. The company said that it was putting itself up for sale after receiving approaches from suitors interested in buying either all or parts of its business. Its shares rose 4½p, or 36.5 per cent, to 16½p, valuing Amerisur at £201 million.

When are they due?

They need stock for hostile bid..

What is our 30% interest in CPO 5 worth?

Amerisur successfully built and is 100% owner of the strategic OBA pipeline into Ecuador.

How much is this worth?

'In our view the principal pre-drill risk in this well was the presence of significant sand development in the Une formation. The results of the drilling have significantly exceeded our expectations in this respect and of course the very significant oil column encountered means we will have to review, with our partner ONGC Videsh, the resources associated with the Indico structure. The fact that no OWC was encountered is also very positive for the eventual size of recoverable reserves within the structure. Naturally, given this result, the Company and our partner will be reviewing options for further appraisal wells into the Indico structure in the short term, which will be required to further extend and define the resources encountered.

'Our impression now is that we are developing an important play fairway within the LS3 unit of our large CPO-5 block, which will be further explored with the drilling of Sol-1 post short-term testing of Indico-1.'

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now sol-1 has been drilled and is currently being tested and all of a sudden we have offer for company and parts of it. Looks very interesting now...

Cant wait for monday..

NAV 37p

that is the 52 week high and takeover cant be lower than that..

I recall reading an article stating the amer was primed for a takeover, produce decent amount, have decent reserves/asset and plenty of cash.

thanks

how do they plan to re-enter tlp103c to target djeno again? i thought they didnt hit the right spot?

why are they not producing from the mengo. What are Aaog upto?

question is how much is the resource worth?

Josef was really annoyed that for the sake of saving $1m by delisting from the tsx they have lost $70m in share price value.

We will see in due course why SDX delisted from tsx, was it for shareholders or for personal gains, i cant see it falling further personally, but someone is really trying to keep it down.

I believe it will take less than 3 weeks to drill and test. We finally have a date for spud.

i cant believe angs has higher mkt cap than us.

Let hope we get good rns tomorrow.