Chariot Share Discussion Threads

[vikingwarrier] 20/3/2017 18:38

I bought GKP at 19p on the first drill results it had been to 9p the previous week and I was thinking of buying it when the first result came in. I put every penny into it and sold out at 125p. I have spent the last 6 months building my position here and will be in for the long term. 30p is my short term aim with 100p in the next year. But this could go a lot further in the next year or three.

[kirtonender9] 20/3/2017 18:14

Cut my losses on GKP and increased my holding in CHAR.

[vikingwarrier] 20/3/2017 18:03

Has news laked regarding the next farm out? Are we about to recieve $50m in cash for our past costs? If so then we shall shortly have $75m in the bank and a mkt cap of £36m So almost double the value the market places on CHAR just for its cash. Money for nothing. Then there will be oil news 3D seismics etc. Currently no value attahed by the market. Heck there is another $69m out there in back costs to be paid to CHAR and the market cannot see it..

[dingo75] 20/3/2017 17:44

This never goes up without damn good reason.
as viking says, the vast expenditure/investment in seismic will be paid back on farm in's.
And the free Carry on the very juicy ENI well is in for nowt.
Not forgetting the rest of the portfolio.

[ileeman] 20/3/2017 17:29

Major breakout on a few levels, 16p short term target.


free stock charts from uk.advfn.com

[blueball] 20/3/2017 17:04

stay long.

[888icb] 20/3/2017 16:57

Good finish UP 10% on volume of 2.2 million.

[vikingwarrier] 20/3/2017 16:17

Very good! Strong volume.

[jotoha2] 19/3/2017 17:34

Thanks for that Viking , looks like they have $119 million shown under intangible assets , so yes should rerate once there is news it's coming back to company , should be a busy 9 months going forward.

[vikingwarrier] 18/3/2017 20:07

It's all the cash already spent on seismicsvetc and will be claimed back on signing of any partnerships. Hoping the next one will be $50m shortly bringing our cash pile to $75m or about 30p per share. I believe we are about to launch and 30P is easily achievable.

[jotoha2] 18/3/2017 18:15

Viking w , where did you get your $119 figure from , if that is the case then £1 with no oil will be here fairly quickly.

[vikingwarrier] 17/3/2017 11:50

Back in September a flagpole was formed a pennant became a flag with a further flagpole formed recently further pennants with voile springs are creating further upward pressure here. It's about to blow. Current mkt value£32m current cash invested and awaiting repayment from new partners is about $119m plus cash in bank $25m plus all the licences makes this share a potential 10 bagger with no oil. When we confirm oil we will fly much higher.

[ileeman] 17/3/2017 11:27

I have been buying recently.

Fundamentally very undervalued and chart looks ready to break major resistance.


free stock charts from uk.advfn.com

[nick rubens] 16/3/2017 21:19

Another farm in deal should make it fly, I think the upcoming early 2018 Morocco drill is soon going to be noticed by the market and taken seriously.

[jotoha2] 16/3/2017 13:00

Something clearly afoot here , news on new farm in is probably on the cards , mm are playing with share price , but it's on the up !!

[albo] 16/3/2017 12:58

Thanks.
A

[albo] 15/3/2017 11:45

How much cash did they receive post year end for the settlement? I can't find a figure , only a mention that funds were received!!

[bullinachinashop3] 15/3/2017 09:52

hi fellas, thinking of de-risking roxi and sticking half in here, what are your thoughts? similar investments?

[juuunx2] 15/3/2017 09:40

I think you will get your chance. At the end of the day they are still loss making and $25 million don't last long in oil industry. They need to start making profit

[nick rubens] 15/3/2017 08:36

This will gain traction throughout this year as 2018 Eni carried drill gets nearer.

Short term poker between buyers/sellers but then the prize will be eyed. Would be nice for one more dip to buy in to but we might not get it.

[jotoha2] 07/3/2017 21:33

Certainly a fair target , they were around £3 on pure speculation , if Morocco comes in then £1 for starters , also there is not much loose stock around , and long term holders will not let it go cheaply ,I have a shed load also , so looking forward to the ride.

[vikingwarrier] 07/3/2017 20:01

CHAR will be lot higher than £1 within the next two years. I'm hoping for £4. I have 250,000 of these. They are a total bargain.

[jotoha2] 06/3/2017 09:27

Spot on there , Morocco is certainly worth £1 ps , not to long to wait for this one to warm up.