Chariot Share Discussion Threads

[andonis] 10/7/2013 07:53

19:20 hrs Friday Dow peaks for now

[dicko80] 09/7/2013 22:26

no worries...

have created a thread for HRT if anyone holds them .. talking to myself though..

feel free to take a look under "HRP"

cheers

[moneymunch] 09/7/2013 22:26

Gunnar Alvestad ‏@Gunnar_5th July

Very good morning from Murombe oil-field in Namibia pic.twitter.com/cRAxvN2P18

[dicko80] 09/7/2013 21:50

nice post mm ;-)

[moneymunch] 09/7/2013 21:36

HRT looks like a good bet....

CASH Q1 2013

The Company ended the first quarter with a consolidated cash balance of R$829 million"

Using an fx rate of 1 BRL = 0.468459 CAD

hxxp://www.xe.com/currencyconverter/convert/?Amount=829000000&From=BRL&To=CAD

I work out that the cash balance is CAD$388.53m

CAD$388.53m vs mkt cap CAD$74m

this cash works out to USD$372m

Namibia exploration programme (HRP 86%)

1) Wingat $78m - drilled found oil but not commercial quantities
2) Murombe $92m - currently drilling
3) Moosehead $93m

total

USD$263m x 86% = $226m

Still leaves USD$150m left in the bank after all 3 wells have been drilled nearly double the current mkt cap..

So very good risk reward

and if the Polvo field goes ahead as planned....

net production 7800bopd x $100 x 365days =

$285m revenue pa

[r007212] 09/7/2013 21:01

a diversified portfolio

[hedgebetter] 09/7/2013 20:23

You better have a plan B then...

[ronan7] 09/7/2013 20:15

if this increases by 1000 x ...I`ll join you

[royalalbert] 09/7/2013 16:36

If this increases by 50x I'm retiring.

[kiwimonk] 09/7/2013 16:27

not necessarily. too many unknown catalysts that could spark a surge.
WHo cares anyway, day to day analysis, wait for 50p ish, come back. Oils there for gods sake, I fully expect 50 times current share price once we get to the black stuff.
I thought that £10per share realistic when i held at 200p, I haven't changed my mind just because the share price is 20p.

[hedgebetter] 09/7/2013 15:44

Famous last words - it will not happen today. Until we see a decent RNS from $CHAR or $HRT this will drift...

[ronan7] 09/7/2013 14:44

indeedy......sticky on 20p bid
lets hope we can smash that hurdle today

[moneymunch] 09/7/2013 14:37

Bank holiday in Brazil, so no action from Hrt on Bovespa today.....fingers crossed for a surge tomorrow.gl

[kiwimonk] 09/7/2013 13:34

half decent vol for the morning session...vol speaks vol!

[r007212] 09/7/2013 12:59

And then the hot money pays attention with a move such as this turning a few heads, they realise hrt are about to hit oil!

[vwnige] 09/7/2013 12:36

If we can break 25p then 35p over the next few weeks, we are in business.

[hedgebetter] 09/7/2013 11:41

£35K of shares have changed hands today. The BB's are dead. It's trickling up in price which is good ...but we need some very positive announcements to catapult this upwards.

[r007212] 09/7/2013 11:22

Looking good here and still not on anyone's radar, board activity both here and elsewhere is minimal which is what I like! Still very undervalued!

[ronan7] 09/7/2013 08:18

mad jump on share price given a few thousand traded

spoke to soon

[moneymunch] 09/7/2013 07:12

HRT finished up again, almost 5% on Tsx and 4% on Bovespa.....

[hedgebetter] 08/7/2013 21:09

Looks like another mini HRT P&D