Member Info for Mathurin

Assuming that 19.2 was the only cash bid would we have preferred for the offer to be refused and we flounder for the next five years under Amer ageing management. If you study many Aim boards you will see distrust of management. In our present case I believe we are better off just moving on.

The situation in Colombia is important to underline - so many South American countries are suffering political unrest and corruption. It is not by chance that Amer were only valued at 12p six months ago and ripe for a hostile bid - the market presumably didn’t like the Amer management’s drilling record - despite upbeat messages on interest in Colombia.
So why be surprised at the lack of offers over the 19.2 level -

Let’s assume this was the only cash deal they received - what would we have liked ?- to accept no sale and be stuck with the Amer management or just take a loss and
get away from fossil fuels , futile promised drills , the arrogant face of GC .

Geopark takes over the existing team which I assume includes JW - strangely I retain my respect for JW who always struck me as down to earth - in contrast to the pompous cynical approach of GC who
seemed to receive shareholder hostility from the start . All shareholders will now be left with a sour taste in their mouths due to false promises and lousy communication.

Right now a sale at 27p would show a 50% gain against a possible no sale fall to 12p showing a loss of 33%. Why the market total indecision?

Such impatience -where else can you hope for a 50% markup -right now most stocks are marking time - so not a great sacrifice to wait for the eventual denouement pre Xmas

Willec - you are without one of the most reliable of soothsayers that this board has come up with - can we be sure to get a sale of between 50p -£1 - if you are sure of your predictions I am tempted to place my life savings into Amer .

It is not surprising that the final wait is trying on nerves - hence the jousting between our dear colleagues . As an impartial observer over the past two years
I have to congratulate in particular two members for making this chat room into something serious and interesting as opposed to the drivel on many AIM boards .So my gold medals for top rate research and postings go to :
COLONEL DRAKE. &
BASIL HOPE
They will be sorely missed once AMER is no longer .

It’s a shame that the contributors to this board have not been influenced by the intellectual quality of the Burford lawyers ..

Willec - all are rumours- be sure that we will get a happy outcome - have faith in JW

Of course we would all like to sell now , make 20% elsewhere , and pop back in before news time . After many months of endless bad news until the M&P bid , we are tired - I still ask myself why would M & P make that bid out of the blue - what did they get out of it ?

I have been keeping an eye on W for past
18 months - have been put off by the feeble quality of the chat board and also criticism of Masterman .
But my gut tells me that W has turned the corner and from now on things will improve for the SP - keeping a weather eye on any USA led recession .

$4.72 is an analyst long term price for Gran Tierra against current $1.2 - showing
optimism for one potential buyer for Amer. It will also give hope for Amer shareholders that the end result of the strategy review may be better than some current predictions .

Brilliant !

A very wise mail from JTD . I wonder what odds you would give that no take over may take place - the BB seems to view a min move to 24p or say 50% - the traders don’t have the patience to wait a result but why no confidence from the market for a likely 50%+ and a limited downside .

I agree / the second notice was thoroughly dry and negative - gives the feeling of a non- event.

What struck me on first researching BUR was the quality of their written communication. Apart from the casual attitude of Sir Peter I think it is a joy
to invest in intelligence as opposed to
faceless corporations-

Sadly we are used at Amer to being let down and I try to visualize the SP reaction if we just sell the CPO and are left with the main Putumayo portfolio

I have seen the SP over 18 months drop dismally from 20p down to 12p despite words of great optimism from JW - so without the offer from M&P the market would still be valuing us at 12p.
Any revised offer over 25p would be tempting- who wants to be stuck with a
Amer with promises and no concrete results .

As a potential investor I try to get a feeling for the senior management- can anyone guide me on the quality of the new CEO and somewhere I saw that they are looking for a new chairman - any truth in that . My main concern apart from the soil issue is what role the ex Shanks UK base can drive ahead a Benelux business . What motivation for the local managers with a static two year business outlook? What is downside if recession bites - down to 20 ?