Chariot Share Discussion Threads

[flyingbull] 31/7/2013 22:24

The August oil stock challenge is still open for entries. Deadline for entries is midnight tonight!



Good luck!!!

fb

[f0rl0rn] 31/7/2013 19:48

Listen to me and by the enf of this year you'll double your holdings

[f0rl0rn] 31/7/2013 19:46

I bet u do know what's going on :)

[kiwimonk] 31/7/2013 18:40

really? at least I know what is going on, you are a sad typical P.I who hasn't even grasped the CHAR story. You are out of your depth. Go Away Child.

[f0rl0rn] 31/7/2013 18:15

Kiwi do u really think CHAR will be driling next year?? You r so naive and pathetic. .....

[f0rl0rn] 31/7/2013 18:11

All rampers needs luck here m8,.....

[f0rl0rn] 31/7/2013 18:10

Lucky is my second name

[ertugrul] 31/7/2013 15:51

I bought a few here as HRT drill may began in a few days, that will push the price higher and also i am GBP

[andonis] 31/7/2013 15:04

The all time high should be broken today the way its going

[kiwimonk] 31/7/2013 12:47

folorn i wish you luck ( and you will need more than you could possibly imagine, going by the responses you give! )

[david brent] 30/7/2013 14:43

"As the wave of global cheap money starts to wind down later"......lol

on what globe would that be?

[moneymunch] 30/7/2013 14:07

James Stafford: You've also recently acquired acreage in Namibia, which just made its first-ever commercial oil discovery. What are the prospects here and what kind of timeframe are we looking at?

AOS: I'm glad that you asked that. Namibia to us is a potentially direct analogue to all of the major offshore discoveries in Brazil (plate tectonics theory) and Angola to the north. Offshore Namibia has the identical age and rock type as the discoveries in offshore Angola. Combined, those two countries have nearly 30 billion barrels in reserves.

Namibia itself, however, remains highly underexplored with only 16 wells drilled in 20 years--seven on Kudu Gas Field alone--and the majority of the rest were shallow shelf wells. People are starting to get the idea and now. BP, Petrobras, Repsol, Galp Energia, HRT, are all there.

HRT has had success there on their first well of this three-well campaign where they discovered light oil for the first time. Their second well was dry. The third well on which they will begin drilling in August in their PEL-24 block which borders directly on to AOS' 2.5 million acre land package in the Orange Basin - blocks 2712A and 2812A. We are at ground zero.

HRT rates their play chance there at 25% and to my knowledge it is their biggest target--a 30 billion barrel monster. If that one works, I would think that there will be companies knocking down our door. We will know likely in late September, maybe the beginning of October.

Regardless, there should be at least five more wells drilled and $500 million to $1 billion being spent offshore Namibia over the next 12-18 months, so it really fits well with our strategy of being in highly active basins where majors and big independents are spending lots of money around us to prove up major discoveries.

hxxp://www.mineweb.com/mineweb/content/en/mineweb-watchlist

[salpara111] 30/7/2013 12:34

Lets face facts, if oil was not above $100 there would be virtually no small exploration companies still in business.
I have watched Char from the sidelines ever since the crash last year but can't see an entry point.
I have taken on two other oilers but they are both in production so at least they can self finance their exploration activities.
As the wave of global cheap money starts to wind down later this year I expect to see quite a few failures in this sector, I have no idea if Char will be one or not but the risk reward profile is not attractive to me at present.

[john ford timmins] 30/7/2013 10:32

Triples - New company with some fairly early stage assets in Namibia as well. Frontier Resources International. Fairly small market cap.

Jack Keyes, CEO of Frontier Resources International (LON:FRI), tells Proactiveinvestors that the company is in the early stages in building oil and gas interests in Oman, Zambia and Namibia. Jack, one of the team at Frontier that originally built Circle Oil, says now is a great time to get into FRI at 'an early stage' and by this time next year the team will have 'moved ahead considerably' at the existing three projects and will also be looking further afield for new ventures.

[hedgebetter] 30/7/2013 10:14

hahahaha ..LMAO WG...is that some odd European dialect or some soon to be (with a bit of luck) non-British dialect ...Scottish...

[f0rl0rn] 30/7/2013 09:19

Spread 9.09%

[wild_goose] 29/7/2013 12:52

Yep, the placing is going to be a killer.

Not only will be dilution, at a very price, but give total control to the people who did the 300m share shuffle.

It will basically be a take over on the cheap, ~ 10p.

[f0rl0rn] 29/7/2013 09:16

Mature, that's the privet investor talks, oh dear, you should learn some manners dear. P.S did you write it after you first pint in the pub. By the way, I know it's not my business, but have you already start making money from your ramping web page called rampchariothelios.com Anyway have I wonderful day at pub.

[hedgebetter] 29/7/2013 08:47

Forlorn - you have been filtered for Eons....you are talking to the hand. Or more likely playing with one of your hands.....