Chariot Share Discussion Threads

[ashkv] 12/6/2024 08:52

20p drop from CHAR 2022 highs of 26p have cost Adonis P approximately GBP17 MILLION POUNDS!!!

Shareholders
Name Equities % Valuation
Adonis Pouroulis 87,465,324 8.175 % 9 M p
Askar Alshinbayev 77,060,505 7.202 % 8 M p
Covalis Capital LLP 18,030,639 1.685 % 2 M p

[hsfinch] 12/6/2024 08:00

I doubt that the market will stand for a raise unless deeply deeply discounted. Think 3p or less. More likely AP and his mates will do some financial engineering to keep the company going. In exchange for more equity of course.

[mynameiskhan] 12/6/2024 07:35

It seems from final result that the company is running out of cash from next month, and they will need to raise cash.Very good chance of placing prior to spud ?Any comments, if I have misread the report ?

[bantamboy] 11/6/2024 17:58

Chariot has been a basket case for years,
Paraded by the slimy BOD pretending to be masters of the Energy world.
Taking huge salaries & bonuses along the way...
I've been saying for a couple of years now that fair value for chariot is cash in the bank plus 10% for good Will.. so round about 15 to 20 million pounds market capital.
It's coming!
The market has twigged on that the kiddy on green energy side is worthless & the onshore gig is all pie in the sky & needs serious investment before any kind of income...
The end is near for this Ponzi scheme company & I hope the BOD suffers as much as shareholders. But I doubt they will...

[cat33] 11/6/2024 17:47

Good summary of the key pointshttps://oilman.beehiiv.com/p/oilman-jims-letter-june-11-2024Worth reading

[master investor] 11/6/2024 17:13

Easy trade sub 7p back up to 9p.

[hsfinch] 11/6/2024 16:26

I'd be amazed if it still exists by the end of Q1 next year.

[ashkv] 11/6/2024 15:04

It doesn't make sense - if a raise is required should have undertaken the same prior to publishing funding / going concern outlook in the full year results???

Doesn't make sense!!!

Perhaps Loukos wells likely to flow? Or have lined up strategic investors for alternative assets?

Doesn't make sense!!!

[ashkv] 11/6/2024 14:31

The share is in freefall - E&P investing is for muppets!!!

CHAR down 62% from June 2023!!!

POS Pourilis!!!

[brazilnut1] 11/6/2024 13:57

Ye what are the brokers saying now ? Reiterating 57p 🤣🤣🤣🤣9315;🤣ԍ15;🤣🤣;🤣 fkn clowns 🤡🤡🤡

[ashkv] 11/6/2024 13:37

Energean just buy this POS firm sack Adonis and the other useless leeches and be done with it!!!

Surely a 10mn loan convertible at 15p from Energean? Something similar feasible?

[mynameiskhan] 11/6/2024 13:18

Why the share price is going down? Any rationale behind the drop?

[master investor] 11/6/2024 13:15

Sub 7p incoming

[ashkv] 11/6/2024 13:06

Down 13% UNBELIEVABLE!!! SO MUCH FOR THE FARM-OUT!!! POS FIRM!!!

SURELY OVERDONE!!!

ANCHOIS STAKE IS SURELY WORTH MANY TIMES CURRENT SHARE PRICE - GIVEN FLOW TEST ETC CARRIED!!!


Equity raises at 18p and then 14p - thankfully I sold majority at 15.50p - though now on a loss on my original buy in price of 10p over 2.5 years for my remaining holding!!!

[pedigree_scum] 11/6/2024 13:03

CFO if not whole BOD should be kicked into touch