Chariot Share Discussion Threads

[mariopeter] 24/4/2014 10:06

Where does it say that ? Not in the TRP rns

[clumpweight] 23/4/2014 07:40

RNS is out from TRP. And Repsol.

They have changed the location for the drill.

Lol.

[highlander7] 19/4/2014 15:44

If you think its bad here then pop over to the GKP boards :)

[clumpweight] 17/4/2014 12:13

I wonder if they will next change the location of the next drill, thats if they ever do one.

[clumpweight] 17/4/2014 12:12

Share shuffle, you could not make it up.

[clumpweight] 17/4/2014 12:11

Down again, back to 20p soon.

No drilling here, till 2016.

[hedgebetter] 16/4/2014 15:58

LOL. Can you sell me your dribs and drabs.. 23.5p for your £2 share price is delicious!

[clumpweight] 16/4/2014 15:33

Sp tanking, big time.

[scruffee] 15/4/2014 09:08

@ZaksTradingCafe Sefton Resources are screaming out in what is another buying opportunity of a lifetime.

[david brent] 15/4/2014 09:08

will do.

;)

[hedgebetter] 14/4/2014 16:01

Suggest it at the AGM..

[david brent] 14/4/2014 14:07

Incentives to do their jobs (which they get paid for) is fine but if they don't achieve the incentive target then they should be give a choice; payback 50% of the pay they received in the last 4 years or loose a limb!

[hedgebetter] 13/4/2014 10:01

BPC is a one trick pony. Big difference to Chariot.

[belisce6] 11/4/2014 21:06

so effectively if the 1Jan2018 share price is 5 times higher than the 1Jan2014 sp,
the 3 guys listed get in aggregate about 1.25% of the value of the rise in market capitalisation...
and if the rise is up to 9 times then the aggregate they get is about 5.85% of the rise in market capitalisation...

geez... if that aint an incentive, i dont know what could be...
however, i see over on bpc, that their CEO is on sensational oppies incentive at ruffly 18p and some ruffly 38p price if he was to sell the company around that share price level, potentially pocketing 10s of millions himself... unfortunately the bpc share price is languishing down at 2.18p... haha... with the company havin some 15mill cash an needing to sort out farmin partner for the 120mill drill whilst the local government doesnt even have enviro regs in place... :-))

so much for incentive plans :-((

[dimtim1] 11/4/2014 08:42

Nice bit of RNS :Performance units will normally convert into a certain number of ordinary shares (in the form of nil cost options) at the end of the VCP four year performance period based on the Company's market capitalisation at the end of this period as a multiple of its market capitalisation at 1 January 2014 (the "Value Multiple"). Provided that the Value Multiple achieved at the end of the period reaches five (the "Hurdle"), representing a fivefold increase in market capitalisation at 1 January 2014, participants will be entitled to receive in aggregate 1.25% of the value created for shareholders over this period. "Value created" is the difference between market capitalisation at the beginning and end of the performance period and excludes the impact of new equity raised, share buybacks and special dividends. This entitlement increases on a straight line basis to 5.85% of the value created if the Value Multiple is equal to or greater than nine, representing a ninefold increase in market capitalisation at 1 January 2014. The maximum number of ordinary shares that can be created under the VCP is capped at 5% of Chariot's fully diluted issued share capital at the date of conversion.

[hedgebetter] 10/4/2014 17:32

Blue day :-)