Chariot Share Discussion Threads

[rayrac] 15/3/2018 08:34

Ha! So offshore Morocco is not a frontier province! What noncense, it is a typical oil punt first time drill!

[jotoha2] 14/3/2018 14:50

Only on duster , will probably float around 12/13 for the time being , if you want to preserve your cash , then wait for news , at worst you will miss 25% profit as against 60% loss.

[mr hangman] 14/3/2018 12:54

This has 6p written all over it

[alexios1201] 14/3/2018 12:45

Morocco is not frontier province, loads of oil and gas onshore. Few oil sub commercial finds offshore as well by Genel, Serica and few others.Oil is there, finding the ultimate location to tap into reserves is the keyEni are specialists of Jurassic carbonates playsOil Gods willing we stand to make fortunes.Primary Target JP1 at ~1700m from seabed, will be hit in under 35days.Secondary Target to derisk Kenitra around 400m above the Primary Target.Will be emotional rollercoasterI have £50k reasons for RD1 to come up trumps

[rayrac] 14/3/2018 12:34

It’s a new province? So cos...chance of success, is quite high on the risk scale I presume?

[vikingwarrier] 14/3/2018 12:07

Has to be the very worst managed spud in history. The share price fell!

[stealbulls] 14/3/2018 10:37

Conference Call for Investors - implications of RD1 well, at:-
11.00am (GMT) - 16th March.
[phone].
GLA.

[caters] 14/3/2018 10:11

COMMERCIAL success or GEOLOGICAL success?

the former is usually a fair bit less than the latter

[rayrac] 14/3/2018 10:02

Par for the course, seen it before. Like being blindfolded and told to throw a dart where the dartboard might be?

Btw, what is the predicted COS?

[caters] 14/3/2018 09:54

So much for the run up before spudding :-(

Now we have to suffer people de-risking before the well results.

This hasn't gone to plan....

[rayrac] 14/3/2018 09:48

Here we go!

[xxnjr1] 14/3/2018 09:33

it's spud.

[stealbulls] 12/3/2018 17:12

This was a Strategy Presentation, 2017-2020 from Eni, last year:

It does give a good insight and overview of the company - there's brief mentions of West Africa (Morocco) - 'to Reload the Portfolio' with future finds, it's interesting to understand their accelerated aims to bring new discoveries to production. And that they consider all their current portfolio prospects to be of low risk without complications. OK it is 1 hour 47 minutes long, but most will find it interesting and easy to follow!

[chestnuts] 12/3/2018 16:01

Anthony GKP started 2008/9 at 4.5p ish and topped 1068 days later at 450p but it now shows 4500

[neo26] 12/3/2018 13:08

I think prior to the placing the company was trading over 65m mkt cap now 15 pounds added, so mkt cap of 80m at present fair. So near 21p.They are fully funded to drill a few wells now.

[gunsofmarscapone] 12/3/2018 13:06

Afternoon All.

Chariot have been on my watchie for eight years (I think!) , finally they seem to have a straightforwards risk/reward proposition which requires careful ‘management217; during well ops. On that basis I am ‘in’ at 13.8 as a significant valuation gap exists between today’s mcap and a fully risked price.

Clearly in the success case it could be ballistic given the contiguous plays, quick Q for the better educated in Char/Morrocco, why havent at least some the plays been assessed and designated as prospects?

atb GoM

[neo26] 12/3/2018 08:27

Hopefully confirmation of rig arriving and maybe we can commence drilling soon.

[andonis] 11/3/2018 20:23

Next year Invi, 26th July 2019 ? or 4th December 2019

[invisage] 11/3/2018 20:01

Where is ftse likely to peak Ando ?

[andonis] 11/3/2018 19:47

free stock charts from uk.advfn.com

[andonis] 11/3/2018 19:32

free stock charts from uk.advfn.com

[andonis] 11/3/2018 19:32

Chest I do not understand the GKP numbers as they do not agree with the chart. Seneca is fine but wait to see the entry in a few months

[chestnuts] 11/3/2018 19:00

Anthony

Now you have looked at the numbers what do you think