Chariot Share Discussion Threads

[ileeman] 12/7/2018 10:21

Added another 100k.

Coming into the drill window, possible it could drop between 7-8p in which case I will hold some money back to add.

[oilbuy] 10/7/2018 17:20

Nice candle stick finish. Slightly breaking a previous high. Need £1 to break even lol

[ileeman] 10/7/2018 17:17

Buy pre herd it is as simple as that. Herd will come in 2-3 months before the drill.

That is July/August. People will start chasing higher soon.

Simple strategy in my opinion is load up and have patience let it ride back into double digits, derisk predrill but hold a chunk into drill results...you never know you might 20-30x your money on the small chunk you keep in.

[belisce6] 10/7/2018 15:59

At 25mill usd for the well..Giving away 40 to 45% of total to remain freecarried on 25 to 20% of total, doesnt seem like an unreal task..Cos for forking out circa 16mill usd, some other company is going for about 200mmbo..Thats about 8 or 9 cents per prospective barrel..On a success case thatll rocket up by at least 60times..so a good riskreward for a farminee at those levels..

[ileeman] 10/7/2018 09:20

Oil on highs, costs on lows. Yet a ton of AIM companies share price on lows sooner or later this gap will close.

Due to their cash risk is low but potential upside is enourmous.

Just needs a bit of patience.

[jimarilo] 10/7/2018 08:21

ECO, CEO said there will be corporate activity in the coming months in Namibia from Majors and indies. ie.farm out and buy out deals

Will happen before the Tullow spud imo

Plenty of hot money from BPC to be thrown at these Namibia players when the action starts

[ileeman] 10/7/2018 07:59

It is a no brainer. Valued near cash levels and no value given to their huge prospects, one of which drilling very near term

I see one of the biggest concerns posted about this is a possible raise pre prospect S, CEO has said they will not raise.

[belisce6] 09/7/2018 21:51

Got my stash today.. as well..I think after farm out for freecarry theyll have cash levels at 6.4p or so.. with the rest of projects its easily double that and current share price .If any success by tullow or on own namibian drill, then would imagine serious bagger..Nevertheless.. first the farmout :-)

[ileeman] 09/7/2018 08:20

Thanks sellers.

Added more at 7.999p....getting closer and closer to a monster drill fully funded.

[blueball] 08/7/2018 21:21

Looking to buy at 6p.

[bigsi2] 08/7/2018 16:52

https://www.shareprophets.com/views/37035/speculative-buy-for-chariot-oil-and-gas-before-the-crowds-arrive

[ileeman] 06/7/2018 16:36

7-8p I cant see it getting any lower than that.

Priced near cash and no value given to any of their prospects. Just a case of sitting on hands and accumulating whilst it is quiet, come next month it will be on peoples radar.

[kingkongtimmo] 06/7/2018 12:49

Cheap cheap

[ileeman] 06/7/2018 12:34

Bought another 100k over recent days.

[jimarilo] 29/6/2018 11:58

Seems someone is soaking up a lot of sells here ?

[jimarilo] 22/6/2018 22:10

Trium Capital Managers LTD 1.02% Short 6 Mar 2018

[ileeman] 19/6/2018 10:38

Bought a few more, buy when it is quiet.

Even it the market prices in 10% of the Prospect S value you are looking at double the current market cap.

[ohisay] 18/6/2018 13:27

Chariot Oil & Gas CEO Larry Bottomley Presents to investors at the Oil Capital Conference.

Worth a small punt I think .

[triples] 17/6/2018 15:00

The Brazil prospects look really interesting.

[slicethepie] 17/6/2018 14:36

100% agree wisecat, it just shows they have little respect they have for the providers of risk capital ...'aligning there interests with shareholders' !

[wisecat2] 15/6/2018 15:26

Absolute disgrace Grant of deferred share awards what for? How to destroy share value for loyal retail investors. Larry should be awarded a deferred P45. Amazing

[ileeman] 14/6/2018 16:00

Worth noting CEO recently stated no placings prior to Prospect S.

After Prospect S they still have about $10million cash.

[jimarilo] 12/6/2018 17:54

AGM should be soon,they maybe trying to get a farm out signed before then

Time will tell as usual

[ileeman] 11/6/2018 12:27

Added a few more today, expect things to pick up post oil conference.