Member Info for Mathurin

If a sale was a sure thing at say 27p cash - how is it that all those day traders cannot
miss a 50% profit over two months . What holds them back ? I assume most of them are looking for a quicker trade - and the institutions are happy to just sit back .

Big smoke- one of the pleasures of Amer has been the quality of messages which will finish upon the sale . The futility and vulgarity of the latest comments gives me less regret - the worst of internet .

Three years ago Telit was a rising star - apart from the fraudulent oozy Kats can
Moniman explain to me why Telit creates such little interest. What happened to all those research centers in India and South Korea ? How good is the CEO -
The total lack of interest is very sad and shows how dishonest people can ruin a company .

Willec / it’s a tough job that you have sought - to be the most accurate soothsayer for Amer ‘s SP - you must realise that the LSE chat room for Amer
Is reserved for sophisticated investors who loath amateurish comments.

I am beginning to wonder why the French /Indonesian offer was made in the first place - what was their strategy? - just a shot in the dark with nothing to lose . Perhaps they had a deal with one of Amer’s major shareholders to share in the ensuing SP bounce .
In any case the reaction from the Amer board was so immediate that it all seems bizarre on hindsight . Any opinions please?

I sometimes wonder if there is any share over a ten year period which has an uninterrupted ride with no stress and frustration. Personally I have always taken on risk - often resulting in disaster and bankruptcy . So hopefully my judgment of
JW’s sincerity ( my main reason for buying Amer) will bring a happy result for all .

It is thanks to BHope's comments over the past two years that I have kept
faith with Amer. Given the optimism for a sure sale it is interesting that
the SP stays around 17 - shows the little appetite at the moment for risk
taking . One final question to BHope - if Amer is sold for all cash ,is there
any positive reason to stay in the overall international stock market for
the foreseeable future ?

Am very happy for JW and GC - Ironveld share just jumped 41% since lunch today.

Looking at the Ironveld share performance since 2015 it seems to be down 90% with serious losses for Giles ,
Nigel and JW - Giles would appear to have lost to date approx 3/4 million £ and hopefully Amer will bring a happier result .

Replying to JTD comment on the contrast to sporting success and the Amer SP - it’s exactly that / backing the team which is not succeeding / like the football team at the bottom of the league .
As a kid England was a sleepy cricket team always lacking the fighting spirit of the Australians- how things have changed .Despite the constant descent of Amer I am still convinced that there is a bright light at the end of the tunnel .

Willec- I sympathize with your impatience and non-comprehension of the share price . Firstly the oil sector is out of fashion - the share price of the majors is static - Colombia is still dependent on the outcome of Venezuela’s mess - mudslides in Colombia blocking transport doesn’t help .
But most importantly the major investors who could move the share price are clearly not prepared to speculate on the outcome of Amer’s drilling campaign which could take two years to confirm production and reserves .
Day traders are out of the game .
On the plus side there is little froth in the current share price -
Right now we must just let JW get on with the work he knows so well - let time be on our side knowing that sooner or later our
Patience will be rewarded .
K

It suddenly occurs to me that here we are drily looking at
BPD and a share price going sideways - whilst
out there in Colombia a drill is working away in
torrential jungle - and we get none of the visual
excitement- to keep us losing shareholders happy
to keep the faith it would be nice to have monthly videos
showing happy moments - JW screeching with pleasure
when the drill does find oil - we need to get some
emotion out of this wonderful adventure in the
jungle.
Finally I feel Amer is a fabulous chat room -
when I read some AIM chats I cringe.

BHope - You mention your sadness over the tragic death of DC - I realise his experience of mining
in Colombia but as a non-exec director how would you have seen his ability to help the
performance of Amer during his time . How would you have seen his ability to assist
JW at a distance. I just have no concept of how a non-exec director can radically help a company
performance - ideally who would you see as a replacement ?

As you will know GC is also chairman of listed South African mining stock
IRONVELD currently at 1.5 against 2014 price of 10 - this mining business
needs strong nerves.

A year ago I sold all my W shares for two reasons - First I didn't rate the quality of the
W chat - & secondly the distrust shown of the Chairman by this board. But seems most
Aim company's have disliked chairmen & its not easy to avoid turning a share discussion
into a forum for discussing tips for great cooking recipes.

Normally a falling pound sterling helps the share price of dollar earners such
as Amer. Given the present outlook for an eventual hard brexit led by
Boris pushed by Farage - it looks like sterling could fall further - so traders
may be buying Amer & shorting sterling - once we get a happy drill result
from Sol . By the way given the low SP why wouldn't Giles risk more of his
own funds - JW has done enough.

Looking at broker forecasts back in 2013 I see that Goldman Sachs were forecasting a price of
80p - based I suppose on spec exploration success . It's like us finding a value in 2025 of 3p based
on the latest Peel Hunt forecast of 20p. How must the long term institution holders feel.

Surely a glitz with a mini sale minutes later at 12.70.
Share wouldn't jump 8% with a 275K buy?

This share is based on oil exploration & so I can't quite understand why so much of this
board criticism is against the BOD sitting in London. Apart from raising City funds ,when
required ,could someone illuminate me as to how the London board could change the company's
profitability ( apart from cutting their own salaries ) ?

Its worth noting that the oil majors have lost 10% over the last month and up to
20% over 6 months - with the price of oil going up why ? I still suspect the Climate
Change warning against fossil fuels is partly the reason - when Indico came up trumps
everyone cried JW was an ace - with the last duster he is zero . Time for loyalty ?