Member Info for Margaret365

5 drills planned in the next 5 months, I expect a multi rig announcement.

Worth a 2nd look!!

This will be eroded somewhat in H2!

Between 10m and (40)m. Looks grim loss for the second half!

Possible that 3rd party oil is being trialled along the OBA. NP stated that they were waiting for the final sign off before trials commence.

Fundamentals are good, EBITDA $500m+. This will blow over, seen this reaction many times before, Petrofac for one. This may well fall further without additional commentary but the fundamentals will play out again once it settles. Ex div next week.

Measured predictions about 2019 at 5-6k bopd, clearly potential for upward revisions throughout the year but wasn't going to throw numbers at this which I like. Also the revenue implications of the OBA are not being stated but appears we are close to trial volumes being put through, just waiting on final sign off.

Bought 8,125,000 shares at 12.31 in November, poor old Dana is well under water with her recent purchases. No issues here, it's malaise, this stock is news driven, without such it drips away. Patience is the key......9.5p to 20p in a blink when the doom mongers were at there most pessimistic!

No surprises which tells us that we are being briefed with a degree of accuracy. Very healthy little company following 12 months of transformational positioning. We look ready for an exciting period in the company's well planned strategy.

You must be exhausted, your thought process on Amerisur's prospects are so divided. It's almost as if you are two people! The harder this falls the harder it will bounce...it will recover lost ground. Need to show the nerves that LTH had when this fell to 9p...it then doubled within weeks.

Not fancied, even at these levels. Clearly expectation is for further drop before we recover.

For a day or two and maybe see a touch more downward pressure to get rid of overhang and rebalance.

Looks like the MM's are sat on stock from the clear out yesterday. Some decent positive volume this morning but they need to clear the surplus for this to make progress again and that is assuming the seller from the last 2-3 weeks has paused for breath. I keep reminding myself of those two large trades on Monday that appeared as buys but had no effect on the SP. Hindsight tells you that those were sells with someone privy to expected news. Gut was telling me to question the muted response......follow your gut....gut tells me we have value here but we will need to be patient and brave as our resolve could be tested further.

Printing cash, GP to the tune of $250k per day, looking at the MKt Cap, I think that's what you would call a cash cow!

Read and put today into perspective. Typical aim reaction which has dented my fund but it's likely short term.

4m shares have gone through today in 4 trades with very little reaction! Where are these shares coming from and to whom are they going too? Muted price reaction......willing buyer and seller.....who's right and who's wrong?

Momentary raid to take some shares

If the drilling in Sept/Oct comes in and it's felt to be low risk, then we have gas/oil equivalent of 8/9k barrels of oil a day. This is to be sold directly to Singapore, that has us with sales of circa $150m per year......not insignificant and large positive cash flows at indicated gas prices.

The two institutions that own over 50% are not pretenders either!

The institutions that own over 50% are not pretenders either!