Chariot Share Discussion Threads

[pireric] 03/4/2019 08:49

I contemplated trading a stake here but no activity on the drilling side for 12 months according to the new presentation, and even that is contingent on well partnering. The new asset will be more q2/Q3 2020 by the looks of it, but again will need a partner. So as it currently stands, they don't have a partner and so no drilling until they do

Guessing they have $19m of cash but say $2m of net payables at a guess = $17m, at $4.5m cash burn by this point next year $12m and that's pre any work they do on the new licence

Could probably do well anyway but feels like could still be dead money for a while and don't feel the need to chase when the price is +20%

[undervalued companies] 03/4/2019 08:12

Nice Chrisoil adding blocks of chariot down here @chrisoil Twitter it seems

[newtothisgame3] 03/4/2019 07:44

#CHAR #Chariot Oil & Gas*
Changing the narrative

[newtothisgame3] 03/4/2019 07:44

#CHAR #Chariot Oil & Gas*
Changing the narrative

[toogood4me] 01/4/2019 08:42

https://www.investegate.co.uk/block-energy-plc--bloe-/rns/w-rustavi-well-16a---test-rate-exceeds-forecast/201904010700076236U/Check guys Will be over 10p this week

[invisage] 22/3/2019 23:36

Ando What are your latest views on the markets pls?Thanks

[ileeman] 19/3/2019 22:49

Nope only about 1%

[neo26] 19/3/2019 18:22

3m is hardly a large amount is it

[ileeman] 19/3/2019 17:48

CHAR big swing down today

I would hazzard a guess and say City Financial have been dumping hard over last few weeks. They are hitting many stocks as called the admins in.

They held 3million CHAR

[dingo75] 15/3/2019 13:08

char need a wholesale removal of current board.
get some savvy guys in there.
these lot have had their day.
time to vote them all out at next agm.

[jimarilo] 07/3/2019 07:42

I see Char presented here yesterday

[invisage] 01/3/2019 07:13

Thanks Ando

[andonis] 01/3/2019 04:38

Having said this, At least two cycles have closed in December, so a retrace of a sort is due and it did drop hard. the drop should continue in a like ABC (Elliott) and then should rise again. We will see....

[andonis] 01/3/2019 04:28

this year I expect a higher high 30k+

[andonis] 01/3/2019 04:27

not to my knowledge

[invisage] 26/2/2019 09:07

Has the Dow topped ando

[andonis] 26/2/2019 08:06

free stock charts from uk.advfn.com

[andonis] 26/2/2019 07:31

free stock charts from uk.advfn.com

[jotoha2] 22/2/2019 16:21

I thing with their track record so far they would be better having a go in Mexico or Brazil , or even better return what cash is left to shareholders , bunch of bullshiiters.

[jimarilo] 21/2/2019 19:54

Gil interview from 1m 50s



Right at the end of the interview, 10 mins in, Gil references Namibia and confirms at least four wells to be drilled by the three super majors in Namibia this year and says its just a matter of time before a discovery

[andonis] 18/2/2019 09:32

free stock charts from uk.advfn.com

[andonis] 17/2/2019 08:11

higher high imo in 2019 is possible. If not it will turn very soon slowly down