The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
It would be highly unusual in my experience for an exclusivity period to go beyond 90 days. O'Reilly you owe us an update. To throw out that a commercial deal has been done before Xmas and then not finalise the legals in 90 days is p&ss poor. You should updating us with where you are and what the drilling status on Barryroe is........... come get your act together and show your head above the Cheltenham parapet
Totally agree Highlander some of these bas**ds should be put behind bars it's a disgrace they get away with the equivalent of blue murder .........
MMs having a field day.... doesn't seem to be a hefty sellers just a few tiddlers although they have been around for a while now.... maybe chasing rainbows ........ fundamentals remains good here surely it can only be time ......... I wish were drilling the SD oil play this year it would add some six appeal ........... to an already busy programme
Yes please where can I sign ...... O'Reilly and his mob do not deserve to have shareholders support as their lack of communication is, to be frank, beyond belief .........
there .... its just a matter of seeing it ...... long may it continue
D I hope you�re right that would good ......
On this share being marked up in the morning first thing and then within minutes it will collapse on a sale. This process has gone on for months and until the seller RH? Forks off we�re screwed..... hey ho I guess it�s creating a buying opportunity as Canacord have demonstrated ......
I'm with you SR ..... seems like we see it the same ......to me its about potential value and current value and the skew between the two .... potential here is huge relative to current position ..... wait and see. The chances of finding a partner are high and even if they don't coming to the market wouldn't be all bad. Cheap wells near infrastructure with lots of potential in a buoyant market .... bring it on
a farm-out deal to send this flying. With reserves potential of 30 -100 MMBbls, well rates of 1,000BOPD analogous to Fidelity success to the south and therefore a high COS ..... �4MM market cap is nothing. My guess ... DYOR ... is that this will be 8p at least on announcement of a deal....... can they get good terms.......we'll see .... the chances of doing a deal have got to be reasonable I'd say..... the beauty of this play is that it is repeatable with multiple well locations already identified. ...... good shot I think personally and am already in
Gents... I suggest you look at the 5 yr share price graph for AMER.... this is even worse than the 1 yr graph.... I see myself as LTH - how long in your eyes is LT....... it would nice to see some growth that's all !
Thanks JP I hope you right - more than happy to be proved wrong. By comparison with other oilies though this share has consistently lagged that cannot be denied. Other undervalued oil producers like PMO, FPM, and TLW have all seen approx 40-50% uplift in the past few months - even non-producers like HUR have too. There has to be a reason for why AMER does not perform and I would like to know what it is.......... is there something the management aren't telling us? ..... we can continue to make excuses but the reality is that any rally in the price here is short lived ... at least it has been over the past year since I have been invested.
Thanks JP I hope you right - more than happy to be proved wrong. By comparison with other oilies though this share has consistently lagged that cannot be denied. Other undervalued oil producers like PMO, FPM, and TLW have all seen approx 40-50% uplift in the past few months - even non-producers like HUR have too. There has to be a reason for why AMER does not perform and I would like to know what it is.......... is there something the management aren't telling us? ..... we can continue to make excuses but the reality is that any rally in the price here is short lived ... at least it has been over the past year since I have been invested.
this share is stuffed as long as our long term seller (Rex Harbor?) continues..... it seems every time we make a move up this is thwarted ...... the sad thing is that he still has million of shares to sell ....... I can't see this share doing anything much for years on the basis of the past 12 months unless someone makes a take-over bid ..... we can but hope ..... for all GC and JW's waffle and the potential of the acreage the reality is simple - they have (it is rumored) fallen out with a major share holder and his interests are no longer aligned with theirs......... I think all Pis here need to be incredibly patient ie wait for years..... the choice is ours - tricky one if you're underwater.........mmmmm!.... its also time that Malcy was a bit more 'open' about the realities.......
RNS today ...... this company is going to motor now...... all we need next is confirmation of a Paraguay deal and then ..... wow..
With all the excitement over at PMO and HUR I think folks have maybe just woken up the fact that this baby is also undervalued and not responded as it might to the POO increase. No debt, production ramping etcall looking good here too. Come on FPM make me an even happieeeeer man.
Nice JTD. Just joining the dots must make you happee too......I liked those picture books as a kid .......although Amerisur has tested my patience am willing to wait..... Columbians lovely people especially without the white stuff..... lets hope they decide they need more of the black stuff to pay a few bills.........
Here here JTD..... only wish I could understand why this has been held back for so long. I sold a small portion of my holding at a loss the other day as I wanted to be involved somewhere else too.... so the price is bound to move now !
Finished my research on this one yesterday and bought 200K immediately. This is a great company with enormous upside. Production going to increase dramatically, Paraquay deal/drilling in the offing to access massive reserves and a value that is ludicrously cheap. The heard haven't spotted this one despite Malcys refs...... they are really missing a trick in my mind.....heee heee ....... can't wait to watch it develop this year......dyor......
Fair comment Buffy..... that said the issue for me is the warrants as this has to depress the share price in the medium term. The IIs and AK can offset the LTH by getting cheap shares....... its all biased against PIs and that’s what sticks in my claw ........ they could have at least offered PIs a go at the second tranche with associated warrants ..... that could have made up the other $125mm ........ the AGM could be interesting......
like SAVP have been sh*fted by the Nigerians and the IIs have said we'll only play on similar terms........... shame ....... in the long term, success with the drill bit will possibly provide something to smile about although today it doesn't look like the deal we all hoped for.....ummmm