Member Info for workover

According to the resident ramper: I quote “Reserves per H1 2018 results --> "" Hence total Amerisur 1P reserves at 31 December 2017 were 13.94 MMBO and 2P reserves were 20.70 MMBO." President energy have 1P reserves at 31 December 2017 were 15MMBO and 2P reserves were > 27 MMBO." https://www.presidentenergyplc.com/wp-content/uploads/2018/10/2018_August_Corporate_Pres

Big bite I agree ! It goes without saying that It’s better to buy this at 10p rather than 15.5! I can’t argue with that if that’s what you are implying !

And 27 is more than 20.7! Facts !! 2 p reserves of AMER are 7 million less than president energy yet market cap is 30% More ????? Please can someone explain ???????????

Yes nice to Michu I’ve always been work over I too stopped posting there a while back because it was too quite and these boards are meant for discussion and debate ! JOG is a good one and fireworks will start next month! But spread the risk.... One thing I learned in my early days is not to bet the farm on one company ! That’s why I have an oilies portfolio of about 12 at the moment (excluding non oilies which I also own)!

One thing we know for sure they will spunk somewhere between 7-8 million on G& A ! G&A runs at 1.1 million / month People like to blame market makers but the truth is closer to home !

How much is the debottle necking going to cost and pipeline upgrades ? Regarding costs : it’s tough to get exact figures from the company presentations and reports so I value your input doc is a

Big bite what’s the difference between 10.3 and 15.5? If I made the same comments here at 15.5 you would have said they would hold water at 20 but not at 15! I’m not twisting any knives I want to discuss the investment! nothing more nothing less ! Speaking of knives ! You know it’s a dud when the chief cheerleader calls the investment he is ramping “clearly a failing knife”!!!!! You could not make that sheet up !

Thanks doc so we are looking at capex in half 2 somewhere between 10-15 million ?

What’s the cost of the wells currently being planned and executed?

Some people are just too smart ! Nothing gets past miss marples! LMAO

Jeeeeez Louise ! Have you heard of something called sarcasm? Lmfao !!!

Also invested capex in half 1 2018 was low! With drilling this quarter the expenditure will be significantly more !!! Luck doesn’t count if you do your research!!! Battle ignorance with education and research! Don’t randomly pick stocks and blame it on luck !!!

Cash increased by 9 million in half 1 Why do we expect it to increase by 20 million in quarter 3 ? Or is it another luck counts lie? http://www.amerisurresources.com/images/rns-pdfs/Interim-Results-Presentation-FINAL-130918.pdf

“Establish whereabouts of Wardle.”!! lol backoven That comment made me chuckle !! Hhhhhh LMFAO! Is it Wardle or wally ? Hhhhhhh

G&A costs of 14 million per annum! These guys are living on the bread line ! We should vote at the AGM to pay them more ! They are only getting paid 200% more than the average AIM Management team! I’m voting for an increase at the next AGM! I think the poor share price performance has been due to 2 reasons. Market makers manipulating it daily for 3 years ! Management being underpaid and having to live using food banks in downtown Bogota!

Thanks for the input ! Based on the thesis full of name calling submitted by luck counts I have decided to sell most of my oilies portfolio that is currently up by 45% this year and put the money on AMER! I have sold a lot of shares including FPM, GENL, TRIN, GKP, SDX, RRE, SQZ, DGOC and HUR and lumped everything on AMER due to the following reasons The shares are languishing due to manipulation by cheeky market makers and no other reason! The company has the best management team on AIM. It always delivers on plans Projects are always on time and under budget They are diversified across multiple countries They are well run and corporate governance has never been questioned The management are underpaid (unlike the rest of aim) 50p by Friday

This share is clearly being manipulated from 70p to 9p ! Those dastardly market makers are evil ! The company had been amazing for investors and the management team deserve to be paid more ! The pipline was delivered on time and under budget ! The recent exploration success has put the likes of Shell and BP to shame ! They just want your cheap shares all the way from 70p ! Hold on tight and don’t sell ! This will be 15p if we get a game changing RNS ... Manipulation I tell ya ! Manipulation!!!

Glad you came out of hibernation lol! 4 posts in total since 2013 and 2 of them today lol ! Thank me later mate !

I’m not here to argue ! Let’s discuss AMERs 2P reserves Or the lack of... Let’s talk about the management and their astuteness.... Discuss ....

One of the best ways to see if someone should invest is to see who’s ramping it ! Luck count likes his oilies but is horrendously bad at picking good ones! Or picking them at the right price ! He bought OPHR at £1+ He bought this at average 15p plus He bought many others at highs He is an argumentative name caller ! I am not a clown ! I am not a troll ! I am not a muppet ! STOP calling me names ! I am here to discuss the company !