Chariot Share Discussion Threads

[hedgebetter] 26/1/2013 08:27

Yes - fantastic news... :-)Jimmy is a top bloke.

Fri night - not sad - for me it beats my lot watching soap operas, or the Kardashians. ..better off being in my study reading/studying/surfing for relevant info..:-)

[stockriser] 25/1/2013 22:52

I know it's Fri night, so sad being on here....However. tks to Jimmy on iii for this.....

The minutes of the HRT board meeting on 22nd Jan have recently been released. HRT have received a farm in offer for Licence 28, which lies directly south of Chariots 100% Licence Block 2714 B.

The HRT board asked for further analysis for the next board meeting.

The Google translate version of the Namibia part of the minutes states;

(A) The counselor Elias Wagner Peres presented to the other directors, to science,
the current status of the ongoing negotiations on the farm down of assets in Namibia.
Informed the other directors, have received new proposal involving the PEL. 28, which
is being analyzed. The Board recommended that the results of this
analysis are taken consideration at its next meeting.

Interestingly, our old friend Kevin Broger attended part of the board meeting.

Jimmy

[hedgebetter] 25/1/2013 21:46

24th January - Any ideas on this one???


Namibia seismic to start By Iain Esau 24 January 2013 23:59 GMT

A Russian-owned seismic vessel is set to start a 1500-kilo­metre 2D seismic survey in Namibia's Luderitz basin within weeks for a little-known operator based in Geneva

[hedgebetter] 25/1/2013 21:06

Hehe. Been thinking, and reading - lots! I can see why Chariot worked within a confidentiality agreement. A lot of the license holders are small - they got in while the big boys were snoozing. And good news increases the potential license fee to acquire. The first sign of commercial hydrocarbons in the upcoming drilling campagins and it will be an Oil kaboom! Pun intended. Come on HRT!!

I have just been reading up on 3d Seismics and well log interpretation - as you do.

Now - every time a well is drilled the well log results give more detailed information that can be calibrated against the seismics. The 3-D will then have been put back through the various interpretation algorythms with the new log information and that will then allow a better 3-D picture to emerge. Yes - the information from the well is worth money. Now if they reinterpret the 3-D across Nimrod against the latest well results - and then re-dill in the same basin as Nimrod - then that is a very good sign for obvious reasons£££. So the question is - do they go for it. Or do they move on temporarily to another drill first in another basin - centrals - in order not to give their hand away.

Either way plenty to play for. I was surprised at having bought more today - given I already have a large chunk. But on the balance of probabilities and my multi-year time line...why not! Good luck all.

BTW - I will get my hand on the share register soon. Waiting....

[ronan7] 25/1/2013 18:56

it`s abit shotty messing around with trades this way

oh well we sit and wait for news here or elsewhere

i would like to see us firm 0n 32p by end of month tho...helps me figures

[hedgebetter] 25/1/2013 17:31

Here is an even more interesting one

Cheshire10B on iii states

12:01 Buy £59,600 cheshire10bagger - That was my buy, you can take them out of circulation

And what did we then see at 16:37 - a Buy for £59,600 ....

Big accumulation ....? Or late disclosure?

Hold on to your share chaps.....! @-)

[hedgebetter] 25/1/2013 16:47

Oh ..
and the 40K @ 16:29:57 and 10K @ 16:28:57 - shown as AT sells on LSE.

I bought them @ 31p.

I had 50K on the bid - taken out in two lots.

Interesting huh!

[hedgebetter] 25/1/2013 16:43

I saw it coming. It's the Bots...we need a bot that does the opposite..

The MM's have the technology and leave it on autopilot.

Still - cheap as chips...!

[newswseller] 25/1/2013 16:40

LARRY... Put your money where your mouth is and buy some shares or give us some Namibia news

[newswseller] 25/1/2013 16:38

Who would have guessed it would drop after 4pm... As if anyone would wait until the last few seconds at the low of the day to dump AT trades.

[hedgebetter] 25/1/2013 15:51

Yes - Old Marcio knows his onions...

[lanaken] 25/1/2013 15:21

Hardly the best example of Marcio in good form is it.

I share Jimmy's view that BP/Petrobas have tried to get more of Namibia on the cheap, but the number of interested parties, Galp and Marcio have outfoxed them. They'll have to pay strong money now, I feel.

Don't forget Marcio did the original appraisal work for CHAR and his contacts with PB will mean that he knows exactly what is going on and the value of what he is selling.

News of the second farmout HRT should be interesting;-) Not long to wait now?

repo

[andonis] 25/1/2013 15:11

Pretty good from yesterday...

[hedgebetter] 25/1/2013 11:36

Well - for the last 4 months there was huge volume - and flatlining / accumulation. Now there is low volume and wavering. At a guess this is the new low.......

[ronan7] 25/1/2013 09:25

here comes the test low 31

[fairenough11] 25/1/2013 09:05

I see they've managed to force the share price back into the 28p-32p trading range.Easy to manipulate the order book imo.
The trade will be to buy as low as possible before the news starts flowing.Takes very little to move the share price up or down.

around 3/4 weeks before HRT start their drilling campaign.

[newswseller] 25/1/2013 08:56

This is the main problem with SETS when there is no volume

[newswseller] 25/1/2013 08:54

Ronan its just the order book getting shuffled around. Orders being placed and then pulled for no reason, only one AT trade so far.

[ronan7] 25/1/2013 08:43

well bid/offer just moves for no apparent reason up 1/2p down 1/2p
silly share

[newswseller] 24/1/2013 21:41

Clearly says position as of 23rd... Spike on 21st, so no

[hdenandy] 24/1/2013 21:39

Maybe they haven't disclosed it on the FSA register yet, seeing as its only a couple of days since the share price spiked ?