Chariot Share Discussion Threads

[alex hawk] 13/2/2013 13:28

Phew well last time I bought minutes later it dropped 10% at least it's not done that today.

[ernestly] 13/2/2013 12:22

swinging low again

[alex hawk] 13/2/2013 12:03

Triples how did you guess thought I was quite subtle about my future investments - best of luck over there anyway in it to win and all that

[triples] 13/2/2013 11:51

We don't seem to have any pre-drill shenanigans here just yet, but I am hopeful.

Edit: Or perhaps we do, but just not of the sort that I want :( but there is time.

[triples] 13/2/2013 11:49

belisce6,

It's a broad church here - we can cope with posters wider activities. We know it goes on anyway, so why be coy?

[belisce6] 13/2/2013 11:46

haha.. on some other threads u will get dished for commenting on ur own lots...
i loosened up about 20% of holding in BPC and TRP, to get a similar amount i have in those, here in CHAR... after reading about CHAR, GBP, TRP (in regrds to Namibia)... i think that CHAR and TRP r the ones to be in... (am also in BPC-Bahamas, and WHN-Seychelles-aussie stok xchange, due to them having most of tenements in new frontier non explored areas) -effectively 4 penny share hopefuls, but each holding so much new frontier oil exploration ground as first comers that i think the gamble is worth it... just due to speculation hitting these and then u have the pre-drill shenanagins etc.. which usually give a few multiples rise...

[triples] 13/2/2013 11:46

Across to a North Sea company perhaps? :)

[alex hawk] 13/2/2013 11:35

Triples you know if things go the way I expect where my CHAR trading money is going next end of March... :-)

[alex hawk] 13/2/2013 11:33

Ha! Your probably right CHAR was always one of my long term ones but in mid-feb didn't expect it to be still under 29p given newsflow due in 6 weeks, itchy fingers and all that so I've also dipped into my trading fund. Seeing a support line at 28.5p.

[triples] 13/2/2013 11:28

Yep, but I reckon what you really need is a T + 120 ;

[alex hawk] 13/2/2013 11:19

I've just brought some more on a T20 basis - am I allowed to say that? ;-)

[triples] 13/2/2013 10:59

Unfortunately, whilst the share price may be disconnected from reality, it is very much connected to my share accounts.

[stockriser] 13/2/2013 09:38

Newsweller, hopefully, as I have just topped up with 30K

"Share price so disconnected from reality."

[vwnige] 12/2/2013 22:43

Hedge..

Top stuff matey...

Looks like the start of a campaign to promote our assets...

There has got to be stuff in there that we dont know about yet..

[triples] 12/2/2013 21:24

HB, Good find ... again :)

[alex hawk] 12/2/2013 20:53

Well done HB.

Sounds like initial presentation, and give analysts time to take positions then news on 7th the same time it is presented.

Quite pleased with that as heavy in CHAR at the moment but think might also take a trading position if I can around 28.75p.

[newswseller] 12/2/2013 20:14

Hb.. Good find.. Guess we must be getting that work program and resource upgrade prior to that presentation... Exciting times are close.

[hub here] 12/2/2013 19:54

This is now a sell down to at least 28p

[hedgebetter] 12/2/2013 19:48

5th - 7th March


12:00-12:11 7th March:

Namibia, 3D Seismic Defines multi-Target Farm in Opportunity
Chariot Oil & Gas Limited - Ian Thomas - Senior Staff Geophysicist


And 19th February - presentation by Chariot to city analysts

[belisce6] 12/2/2013 11:31

am rather surprised by lack of movement considering overall markets having gone up some 12% in this early part of 2013... hope that means that when there is a correction in the broader markets, these stocks that i hold (bpc, char, trp) will be heading up :-))

[hedgebetter] 12/2/2013 10:51

Interestingly Mauritania and Morocco acreage - in total - is approx the same as Namibia I believe. Waiting on CPR for them etc...but hey...valued at zero by the market. LOL.

[fairenough11] 12/2/2013 06:13

similar valuation--jimmy iii cheers

Re: Galp (AKA Sinopec) expanding ops
jimmy24
5
This is yet another example of the oil industry putting a value on exploration acreage and the stock market will not.
In the Galp deal for Morroco they will spend $41 million for past costs and a well on a prospect with mean prospective resources of 450 million for a 50% interest.
Or to put it another way GALP are paying $0.1822 per mean prospective bbl.

This compares to the stockmarket valuation for Chariots entire exploration portfolio of NIL

If Chariot was valued on this basis, eg it farmed out its Namibian acreage with mean propspective barrells of 9Bn bbls for a 50% interest it would be worth £2.52 per share for its Namibian acreage alone.


Jimmy