Chariot Share Discussion Threads

[greyingsurfer] 28/2/2013 15:40

30p would be pretty transformational at the moment!

[hedgebetter] 28/2/2013 14:39

I think transformational means North of £3. Way North.

[ramas] 28/2/2013 12:02

Fairenough - personally i am being a bit harsh with the binary analysis - ive played with lots of EV / PV calculations and you can get all kinds of results. i think at this level its going to be extremely difficult not to double your money (transformational?)or best case, well where do you start £10 ? (transformational v2.0 ?)
i wonder what the directors mean by transformational - to me it means 10 bagger + but to them it might be a double up ?
as you say all the geologists should be lined up and shot if at least 1 drill doesnt succeed :0) (just joking for any Geos out there)

[cherisher] 28/2/2013 11:48

FAIRENOUGH

i think tullow starts drilling in mauritania in 2q2013

[fairenough11] 28/2/2013 11:45

ramas,

what's the odds of 1 in 15/20 drills being successful?Very good I would say,especially with the likes of Tullow,Chevron and Cairn involved.
IMO investors in Char are odds on Favs to have a 3rd Party discovery within Namibia,Mauritania or Morocco in the next couple of years which would instantly transform this share price

HRT begin drilling in Namibia in a few weeks and a strike there would be huge for Char.Tullow and Cairn drill elsewhere later in 2013.

[ramas] 28/2/2013 11:06

char is a perfect place to put your risky long term cash % - i view it as a binary punt ... transformational or nada

[hedgebetter] 28/2/2013 10:52

Playing the long game here ;-) I do not want a takeover at a knock down price.

[fairenough11] 28/2/2013 10:27

"Oil companies are planning as many as 10 wells in Moroccan waters through 2014"

"In Morocco, Chariot has already been approached by potential partners, Bottomley said in an interview. The company's not ready to sell yet, he said"

""The fiscal terms are close to the most attractive in the world," said Chariot CEO Larry Bottomley. "They will probably get tougher after discoveries."
=================================================================================
Sit back,let others discover Oil,Farm out for a fortune.
Easy innit:-)
Already approached by potential partners for acreage(Morocco) that is currently valued at ZERO.

Drills in Namibia,Mauritania and Morocco by Tullow,Cairn,HRT et al,the chances of at least 1 success must be very high imo.This being the case it makes Char's current valuation one very large Anomoly imo.
I can wait.

[ronan7] 27/2/2013 20:45

ty HB got it now

[triples] 27/2/2013 19:34

Nice site - a lot of effort in there.

[hedgebetter] 27/2/2013 18:24

Does this work?



Did you type it in correctly ? :-)

[ronan7] 27/2/2013 18:21

hb...tryed typing in above link ...can not find helios......... anywhere

can you do a linky thing

[cherisher] 27/2/2013 16:06

i cant rule out an intelligent oiler doing a deal with Chariot for the northern prior to HRT drilling.
why pay £££££££ later when you can pay peanuts now...

watch this space

[hedgebetter] 27/2/2013 12:24

I agree nige...it's great...it's also very calm there.. an oasis :-)

[vwnige] 27/2/2013 09:47

That Chariot investor website looks very good, some great videos on there..

The guy from Eco sounds very excited about the prospects...

[highlander7] 27/2/2013 09:13

I agree HB but it would be nice to have competant politicians who do what they say they will do. I think the Italians are the beginning of the end for the EU tho' . Change is on the way. IMO

[highlander7] 26/2/2013 19:16

I see these wonderful Europeans have once again crashed the worlds stockmarkets because 25% of Italians voted for a professional comedian . So whats the issue ?55% of the UK public voted for our very own comedian trio of Osbourne , Cameron and - last but not least, our lying little friend Clegg

[hedgebetter] 26/2/2013 15:14

Funny isn't it. The iii board goes crazy - price drops - then they start shaking their heads saying 'what did I say'. Basically they shat in their own backyard...guess what happens when you do that!

[jxman] 26/2/2013 13:38

Cherished. Experience!