Member Info for NicetoMichu

share buyback over dividend every day of the week for me (indeed ever minute of every day of that week)

Fine posting recently imho big bite now. Thank you.

If the exit rate in 2019 is 7500 bpd then I too would be very pleased - close to thrilled even - and would even calm down my moaning considerably.... but that's a big IF in my mind and clearly the market sees it as a big IF too...

Two other cautionary points if I may:

1) Mr Piper may not be talking conservatively in the numbers he has quoted; we all HOPE he is.

2) ''AMER is heavily oversold right now and that will change''

Indeed, and here's hoping that change is not to more heavily oversold again, in the first instance at least... if for eg we have a duster next.

Towards finishing positively though: The strategic moves Amerisur have made recently are very good imho and give me fresh hope here.. and towards - perhaps for the first time here :-)- two positive sentences in a row from me: Happy Easter Hols. to all ! ( I know that's not an amerisur positive but I did try in my mind, I promise)

fair enough George and you seem like a good guy and I wish this dream does come thru for you... even if it doesn't the best part of the journey is often the dreaming anyway.. and the pleasure of the dreams might even outweigh the million quid profit - or whatever big profit - anyway, especially if you're older, as you mightn't have any interest in swapping away from the same pints in the same pub with the same mates anyway.

hence why the s/p keeps getting battered, I expect :-)

fine response and much appreciated JP2000.. and lovely humour too ( you've got to have a keen sense of humour playing AIM imho)

Based on much previous AIM oiler experience and strong industry knowledge that many posters here clearly have, please could someone(s) offer a very indicative chance of success of any sort of commercial oil strike at Sol 1 ? ( 50% or 33% or 25% etc perhaps ?) This would allow me attempt a very rough guess of how much this s/p could rally in anticipation and then rise or fall on drill results news etc..

(I said previous I would top up here in 12's p if it got there.. it's close now but I expected next drill(s) to be at the more likely success end of things.. less so on next drill now, I'm thinking... and so I'm trying to re work some possible s/p ranges in my head now)

Thanks in advance, Michu.

solid RNS but clearly not special imho.. and after that hard core - and a bit shocking - raise to comprehensively re work the b/sheet we now have a solid incrementally future growing company imho.. but thankful I cashed in a good chunk in late teen early 20's p previously... but also ok with still maintaining a small to medium position here.. and I'd neither sell nor buy at these levels.. just sit and wait and see if the s/p can thru rest of 2019 find a way to gradually grow back to late teens p even, and I'd sell a tranche of remaining holding then, in fairness..

you've posted very well here over the years I've been glancing in Rossannan.. balance is very important on BB's and you've brought some much needed balance here.. fair play and thanks very much and please keep posting your opinions

(and I feel sad at the abuse you've sometimes suffered here from the uber bulls.. but disgraceful abuse by uber bulls is omnipresent on these bulletin boards.. those same people generally being wrong far far more often than they're right in their bullish predictions on the AIM cesspit, alas.. and what do they then do, they abuse factorially more again... shameful and shameless)

fortunately I sold mostly out of this in the 6's and 5's a good while back but hold a smallish position still because I rate LC.. and I look in here only on news .. and I agree with many that news is very average from Goudron this quarter alas...and indeed has been been ongoingly average..

(but I remember this s/p was 1.5p or lower in today's money in latter LGO days previously.. so 3p, while very disappointing versus 7p, is fairly far from a disaster in that context imho)

Obviously disappointing he still can't readily get meaningful increases from Goudron but it was always a very complicated/tricky field.. and he's not a magician.. and he is therefore expanding the co's horizons..so fair enough and reasonable to good hope into the future here for me still.. so I hold and watch and see...

good luck to all fellow holders here

I am in about 40 other stocks thanks Colonel. 20 plus of them oilers.. and because of its potential Amer remains in my top 10 oiler favourites.. but across the p/f I've been wrong plenty before and will be wrong plenty again..and alas amer is one I've been wrong so far on, categorically.. fortunately I have the means to average down, again and again etc here.. . and so having gotten from 28p to 14p average hope springs again and again here for me :-) ( aside: on average, and despite a bit of a car crash last year, I'm decently up on AIM oilers in the time I played them and so am only slowly moving away from them.. better the devil you know on the AIM cesspit etc.. but I am incrementally getting better at pharma/bio bets, fortunately.. and so feel confident switching more there from Oilers by increment, you'll be pleased to hear :-))

Generally, I moan about Amer because I want to see the huge potential matched by even a decent s/p reality.. It is managements job to increase production to allow that happen.. this s/p was approx. 70p very approx. 4 years back 'in anticipation' of the 10k bpd - or maybe even double that figure further out again ? - that management offered that they intended delivering in the next few years ...... to say they haven't quite achieved that would be a great understatement, alas... if / when Amer gets even somewhat close to 10k bpd and I'll stop moaning, I promise.... or if they sell the co. or change some/plenty of management team..etc..

apologies in advance Colonel, while I would sell a tranche at 17p I'd still keep a good position here and therefore still moany post here.. but 25p plus on the other hand and you'd longer have to annoyance of an idiot like myself having the temerity to offer opinions that are sometimes different to yours...

Down a bit today I see and so I look in here and only see George's post of a couple of days back .. but that did make me smile.

Approx. 9p on Monday to 20 times that being 180p per share is very - very - very punchy imho George !

This provokes some quick maths off the top of my head, for fun ( happy to stand corrected on any of below of course )

That 180p target with approx. 400 million (?) shares currently in issue, would be approx. 720m gbp Market Cap. which is very broadly around the future value Billion dollar M/C company that you've talked about over the years.. .. so you're consistent at least, in fairness

Obviously the journey is proving a hard one here ….as, not least, exampled by the recent life saving operation on the mtph patient seeing shares in issue go from - I think, and happy to stand corrected - approx. 50m to approx. 400m .... or in other words 7 times more shares .. so for eg you would have had to have an approx. £12.50 per share target prior to the recent ''significant'' new share issuance exercise to have a £1.80 target now..

and to throw some more maths on top, for more fun : as the share price was - ''unfortunately'' - 3p prior to this extraordinarily large issuance exercise that a pretty ''punchy'' rise expectation i.e. 3p to £12.50 is north of 400 times appreciation.. as in a 400 bagger, no less !

(very happy to stand corrected on any all maths here.. I'd love my maths to be very wrong, of course )

Altogether, fool that I am, I find such predictions utterly, completely and bewilderingly astonishing... but anything is of course possible and everybody is entitled to their opinion.

again, apols if maths wrong and very happy to stand corrected

Amer share price chart should be bodice ripper genre but actually is horror genre :-)

That Nathan Piper interview a top of recent JW interview(s) are perhaps giving insight into one aspect of managements revised communications strategy:

Instead of promising much and delivering little, promise little and deliver little.

Share buyback indeed/absolutely bigsmoke ( and Luck counts and others) This debt for more rigs/drilling idea - that might, in the first instance, even depress the s/p further ? - is overegging the pie massively imho.. if the drilling is going to be slower than planned - and it very likely will be - then the ringfenced capital for it can IN PART be put towards a share buyback.. and they could also add to the buyback pot a pre defined % chunk of surplus cash from monthly nett earnings GOING FORWARD in 2019/2020 and that will defo. help the s/p in my mind...

ps: GTE starting to accumulate shares here would be great as it would create great 'front running' upward price momentum imho.. and while they might get the first per cent or two sub 15p as soon as they announce 3% plus the s/p would go up strongly quickly imho... and even if they bought a block off an existing II I'll bet they'd pay a lot more than 15p for that .. even though they invested in Amer in the first place, the II's aren't total mugs :-) .. If GTE were to bid my bet is, after feeling out a few big II's on a price that would work, they'd just make a full bid ahead of any preliminary AMER share accumulation.. and 24p in shares and or cash would be interesting and could indeed succeed. (and be fine by me)

Much fine and balanced posting here too ongoingly imho .. thanks

Same Trendfriend as II board handle I guess ?.. if yes, good to see you over here !.. And me and you thinking a like too .. I'm long here from 20's too but would start selling down by increment from late 40's and be out by 60p .. in an ideal world....but it's very rarely an ideal world, in fairness..

'' 12 - yes 12 Fully funded exploration & productions wells upcoming in 2019 if all goes to plan ''

How many of the 12 do you think will actually get drilled in 2019 Luck Counts? Audience participation always welcome too, of course.

I'll go with 6.. In memory of Brucie, are you going higher or lower? .....higher, higher?… lower, lower?

hopefully... a brutal fall so far today and a brutal sector generally, but have had plenty of luck with pharma in the last couple of years - plenty of trading thrown in alongside buy low - and so roll the dice one more time here.. a few small buys only from me at 27 p 22p and 24p.. would buy more if goes sub 20p but hopefully for others holding here and getting hit hard it doesn't..

Post year end and Forward looking commentary very important in that results update imho Chef Massive.. and any recent progress on the stable of drugs/drug delivery tech could be very helpful to s/p too. And I'd hope for some mention around the performance payment achieved from sold US business performance in 2018.

Good news from any of above is needed as I expect the financials to generally be bad for 2018.... but you could say that's old news and the recent raise and new partner covers that.

Generally, good progress related news could indeed create strong s/p up movement here, be it within the finals update or outside it.... just give us some good news please Mtph !! (after what shareholders have been thru here we're owed some good news, we truely are.. and relatively new management can of course do much - much- better than previous .. hopefully.... and that then will allow me start changing my tune on this being an utterly disgracefully run company)

Anything is of course possible George and great for you - and Gilo - if it's 100p by summer 2020 (I'll have long - long- before sold up, so academic for me)

Personally, I think there's two hopes of that : bob and no