Chariot Share Discussion Threads

[brazilnut1] 19/5/2024 18:21

Gekko you are a nothing and a nobody. Period. Shut the door behind you.

[wolfofwallstreets] 19/5/2024 08:35

Brazil...you think this is Rkh...chariot even...duh..

Flinchy...out of your depth ae you literally don't know what you're doing. Keep working on your dire fan fiction..

[wolfofwallstreets] 18/5/2024 11:22

have you ever posted anything of significance....

Says the moron who invents fan fiction stories about chariot...

Who only ever agrees with the 2 bb morons..

Who signs off every post "finchy" even though people can see your posting name...

Yeah...you contribute sooo much here..

Keep up with the fan fiction..

Loser...

And I don't get the references to "tabitha" etc...

You can tell that you're out of your depth here...

Wolfy

[wolfofwallstreets] 17/5/2024 23:22

Should you not be on the RKH BB...

Thicko...

Dunce..

Loser..

[wolfofwallstreets] 17/5/2024 21:04

The BB thicko..dunce..

Thinks this is RKH..

Far worse than a simple spelling error like iss..

I am not gekko..

Though remember he absolutely owned you, like the thicko that you are...

[wolfofwallstreets] 17/5/2024 19:27

I will never bore of exposing how utterly thick you are...

You think chariot is RKH...

You keep calling me "gekko:?"..

You're just thick..

You must have lost tons here...

[brazilnut1] 17/5/2024 18:45

You are a bore Gekko. A junkie too.

[wolfofwallstreets] 17/5/2024 17:12

Chariot?

Is it not RKH, Brazil?

The BB thicko...

[brazilnut1] 17/5/2024 10:12

Well done 888. Your pasting is excellent but how much do Chariot pay you for it ?

[888icb] 17/5/2024 06:56

Further extract from the IC:

Potential for Dartois to deliver immediate returns

Bearing this in mind, McCormack notes that the Loukos licence is located near existing infrastructure and the industrial offtake market, where Chariot has the potential to rapidly monetise production. A successful gas discovery could be brought on stream in early 2025. The industrial gas market close to the Loukos licence is significant and undersupplied, too, which means that production could demand gas prices of $16 per mcf, amongst the highest globally, says McCormack. This, combined with a highly attractive fiscal regime (25 per cent government take), makes for a highly economic project.

Both Auctus and Cavendish are leaving their 50p and 57p target price unchanged, or more than seven times the current share price. Auctus also has a sum-of-the-parts valuation of 28p a share, or four times Chariot’s current share price. Accounting for 42p of Auctus’ core net asset value, the largest component of the valuation relates to the company’s flagship Anchois gas project. I highlighted the methodology behind the Anchois valuation after Chariot announced a farm-out with Energean ( ENOG), a FTSE 250 company that has a proven track record of successfully developing large offshore gas projects (‘Chariot̵7;s transformational farm-out is underrated’, 7 December 2023).

So, with the current share price significantly undervaluing Chariot’s retained interest in Anchois, and ignoring any potential for success at Dartois, I now rate the shares a buy again.”

[888icb] 17/5/2024 06:49

An extract from the IC Buy recommendation by Simon Thompson on 16th May:

“ Although the reservoirs at the Gaufrette prospect did not deliver a material gas accumulation and are therefore deemed uneconomic, the presence of gas and reservoir quality are positive for future exploration in the area. Importantly, it’s not material to the investment case. Analysts at Auctus Advisors had only embedded a risked net asset value (NAV) of 2p a share in their financial models.

The rig will now move onto the Dartois target, which is fully independent of the Gaufrette prospect. Analyst James McCormack at broker Cavendish believes that success at Dartois has the potential to unlock a trend prospect within a P50 resource of 20bn cubic feet of gas. He values the gas on the Loukos licence at $4-$5 per million cubic feet (mcf) on a gross unrisked basis, meaning that success at Dartois could be worth $80mn-$100mn (£63mn-£79mn). Chariot has a market capitalisation of £76mn”

[hsfinch] 16/5/2024 17:27

Wooftaofbackstreets aka Gekko, if the next onshore well is a duster Chariot is in big trouble. Even if there's a few bcf in there it aint gonna be worth sh!t compared to the cost of getting it to market. According to Jock, Anchois is the crown jewels. I think he meant to say the jewel in the crown. The next few months might reveal said item is a plastic stage prop. Even if it aint, the road to gas monetisation will be rocky. Bottom line, Anchois will not be throwing off cash any time soon. By the way Jock and his ilk will say anything to keep them plates spinning. And who can blame him. He's trousering six hundred grand a year as mug punters lose their shirts for swallowing his bs and the ten bagger nonsense spouted by ol tubby. Finchy

[brazilnut1] 16/5/2024 14:56

What do you know about it Gekko ?, fk all. When you have drilled a duster costing £3m its not an overeaction for share price to fall heavily. Now drugs and alcohol, that's different. You and your family know all about them.

[wolfofwallstreets] 16/5/2024 12:47

Chariot of fire!!

[sev22] 16/5/2024 11:39

Chariot progresses onshore Morocco drill program in what it describes as a pivotal year.