Chariot Share Discussion Threads

[mr hangman] 30/8/2018 12:01

Best punt in the market at present, nothing to lose until the drill result
Was one of Simon Thompson's tips of the year, a few years back,

[rayrac] 30/8/2018 11:04

I don't think we will see a great deal of share price action, without either a partner or come closer to the time of drill.

Ive bought a few here, mainly to take advantage of some small increase in sp, but, on reflection, I'm not too sure I’ll benefit.

Namibia leaves me with some nightmares, in the form of trp! So not holding my breath. :( It’s a very risky place on past drill evidence, but we shall see what Tullow brings forth?

[ohisay] 28/8/2018 16:34

Cant really figure out the price action here -its a great price to get in for both short and long term traders .Bound to be closer to 12p nearer the end of the week IMV.

[squibno1] 28/8/2018 11:49

Farm in must be getting close as I would not expect Larry to want to risk going ahead without one.

[ileeman] 28/8/2018 09:24

Added 100k more this morning.

Worth noting AFE and PCL both companies have gone up significantly, they own interest in Tullow (Cormorant drill) drilling September.

Prospect S worth ALOT more to CHAR aswell...2 and 2 together.

[ileeman] 28/8/2018 08:51

Success case 353p (3500%) at US$5 + 2 billion derisked....you are right about it multibagging on success.

[888icb] 27/8/2018 19:57

It looks like Chariots time is coming.Some much promise over many years but it just hasn’t had the luck that is always part of oil exploration. The next few months look very promising and if it succeeds the numbers should be very impressive. The current market cap of £34 million should multibag with a big discovery.

[jimarilo] 26/8/2018 12:04

A good article in Shares Magazine last week which may have been the reason for the higher volume and interest. Good read.

[jimarilo] 25/8/2018 22:46

Amsol are owners of the siviu chemical tanker and one of their services is fuel transfer and Tullow are one of their clients
as per the link below

Looks like the SIVIU is currently transferring fuel to the Poseidon

[ileeman] 21/8/2018 15:17

Correct me if I am wrong but I assume given todays broker note, risked valuation has to be minimum 35-40p based on US$5.

Finncap gave a 23p risked valuation on US$2.9.

[ileeman] 21/8/2018 09:31

Did you notice the valuation metrics?

$5, fincap only used a $2.9...$5 success value well over 300p.

Are people waking up yet?

[jimarilo] 20/8/2018 20:23

Excellent Cannacord note on Namibia out today

The scale of the potential that has attracted these companies is difficult to
assess from available public information. However, the presence of
companies as large as Exxon, together with certain competent person’s
reports (CPRs), and various company presentations, point to a multi-billionbarrel
potential across Namibia.

[westmoreland lad] 20/8/2018 13:56

Position Received: 9 minutes ago (2018-08-20 12:26 (UTC))

Vessel's Local Time:

Area: WAFR - West Africa

Latitude / Longitude: -22.88048° / 14.21551°

Status: Stopped

Speed/Course: 0.0kn / -

AIS Source: 3240 V51H

Read more at

[jimarilo] 20/8/2018 11:48

GBP starting to get noticed

[ileeman] 20/8/2018 10:01

Namibia is defintely attracting interest over the last year.

CHAR and GBP very much of the radar.

[jimarilo] 20/8/2018 09:54

The presence of mature oil generative source rock below (and therefore likely to be charging) thick clean quartz rich sands is proven in this basin. All that this basin requires is the proof of trap - an up-dip bypass zone for the deposition of sediment or fault bounded. The hunt for this last risk element is on and the prize will be spectacular.

[ileeman] 20/8/2018 09:05

PCL moved a couple months before drill, CHAR will do the same as we are coming into that window over next 4 weeks....should start to see people position accordingly, not hard to see the read across.

and worth noting CHAR in a much better position, PCL success value is only worth a couple 100% to them yet it moved up almost 200%, CHAR success value worth 1700% + derisks 2 billion.

[jimarilo] 20/8/2018 09:01

You would think this well would start to generate the same amount of interest as there was when the Falklands kicked off

That may happen when the spud rns comes out, until then all the Namibian players are at a discount for sure

[stealbulls] 20/8/2018 08:47

Best Guess - it will use Posh' - Skua, Shearwater & Pelican as support vessels. May have a 3 day window to spud either side of the 1st September (they have seen gusts of 60 kn winds out there over the recent week).

So the next round is starting to begin in Namibia. GLA. Steal.

[rogerlin] 20/8/2018 08:36

The Poseidon is moving.

[jimarilo] 20/8/2018 08:34

PCL down this morning due to rumours of a placing

Anywho, don't know if anyone has noticed, but the Poseidon has left Walvis Bay and heading offshore to Cormorant

Game on !

[ileeman] 19/8/2018 12:50

PCL up another 20% on friday, 0.004p to 0.011p


free stock charts from uk.advfn.com

[ileeman] 17/8/2018 14:49

Someone posted on twitter which I thought was interesting, PCL up 150%-200% who own interest in the Tullow drill, which is much smaller and higher risk than CHAR.

CHAR will be getting in that pre drill window soon.


free stock charts from uk.advfn.com

[jimarilo] 17/8/2018 14:23

Didn't realise until I zoomed out that there is another drillship in Walvis Bay, Jasper Explorer, that's a deepwater rig and two ultra deepwater rigs and offshore vessels in port as well as anchored in the bay