Chariot Share Discussion Threads

[f0rl0rn] 07/10/2019 16:07

Def pump before placing. Turn the lights off when you leave.

[m5] 07/10/2019 15:23

Been in here a while, bought at 4.5p, based on cash value. Seems like we have some interest. Hopefully forwards and onwards.

[jotoha2] 07/10/2019 14:35

Last time I was here we Had Viking Warrior beating the drum , 3p to 21p I recall , so nice if we can have a repeat , yes volume picking up , where is Larry when you want him.

[icb888] 07/10/2019 14:27

The buys continue as the volume rises to 1.9 million including a 220000 Buy at 4.51.Currently up 11.8%.

[jotoha2] 07/10/2019 14:02

It's woken up again , is Larry coming with good news ?

[icb888] 07/10/2019 12:56

Modest but of the 1.15 million volume only 92000 are sells. 36 trades so there is a level of interest.

[jotoha2] 07/10/2019 12:10

Modest volume this morning , Larry has not shown , so expect this little rise to fall back again , it's like watching paint dry.

[icb888] 07/10/2019 11:56

There is so much potential here which is not being recognised by the market. The Market cap is £15 million and we have £10 million in cash with less than £1 million needed for current commitments. Also there should be cash generation from Morocco in the near term. This really should move to a higher level fairly quickly.

[icb888] 07/10/2019 10:09

This time last year was Chariots 52 week high of 8.3 then it fell sharply to 3. Hopefully we are now starting a recovery to higher levels. In October 2017 we were at 13p rising to 22p in January 2018 followed by the decline to recent levels.

[icb888] 07/10/2019 08:34

A positive start this morning with 10 trades so far producing a volume of 295000 all buys except 2 very small sells totalling less than 600 shares. The latest trade was at 4.05 which matches the late reported trade on Friday.

[jotoha2] 06/10/2019 09:07

Certainly looks like something is about to happen , or just another CHAR pump and dump , tomorrow should confirm which it is.

[icb888] 05/10/2019 17:40

A good end to the week with volume of 3.3 million and UP 14.5%. The last trade reported after the close was a 650000 Buy @4.09p which is £26500 worth of confidence and a high for the day. That will hopefully bode well for next week.

[squibno1] 27/9/2019 08:39

" Chariot anticipates partnered Brazil drilling to occur after third party drilling in adjacent acreage."

[jotoha2] 26/9/2019 17:35

Unless Simon Thompson has some inside info , there has been no ground breaking news from Larry in the last 2 RNS , the data room has been open for at least 15 months and still no takers , they need to move on with the gas project , then maybe the share price will get back to 5p.

Namibia will never happen , so there is only Brazil , come on Larry , you are paid to develop the assets , about time something happened !

[divmad] 26/9/2019 14:45

What significant progress in Namibia and Brazil?

[icb888] 26/9/2019 13:27

Volume of less than 1 million has produced this rise. Long term holders will know how this can fly on good news. It’s about time this finally came good.

[icb888] 26/9/2019 13:10

Simon Thompson in today’s column in the Investors Chronicle has written about Chariot Highlighting the Significant progress made in recent months in Morocco Namibia and Brazil. He says the potential upside from farm out deals is simply not reflected in the current valuation. Currently up 15% following the release of the article at noon.

[f0rl0rn] 25/9/2019 16:27

Please tell us, did they managed to farm out central license in Namibia, how long Brazilian license data room is opened and what happened in Morocco....... I thought CHAR would be doing placing with the last share price pump, but now it looks ....

[m5] 25/9/2019 11:13

Chariot Oil & Gas
Whilst there is little we don’t already know in these statements it is worth taking a look at what those six months and those since mean to the company. The new venture in the Lixus licence changes the risk in the Chariot portfolio and opens up opportunities for appraisal, near term development as well as ‘material upside’.

Since the acquisition the CPR has indicated 1 TCF for Anchois and its satellites plus Anchois North as a low risk priority satellite with 308 BCF of 2U prospective resources with a geological probability of success of 43% as well as additional on-block prospects of in excess of 1.2 TCF audited 2U prospective resources. Feasibility studies have indicated that development is technically feasible as a single phase or a staged development and the Moroccan market remains strong with high gas prices. In addition the company are in the process of assessing a large number of potential partners as a serious option for a potential farm-out in one way or another.

With cash of $12.1m which way exceed any commitments Chariot is in a very strong position, indeed the cash is more than the share price indicates thus giving nothing at all not only from Lixus but from its existing substantial portfolio for which it continues to seek additional partners. Conference call later which I hope to join so anything additional from that will be added later

[f0rl0rn] 25/9/2019 07:57

Cash 2.65 a share, burned 7 mil in 6 months.........

[invisage] 03/9/2019 19:37

AndoWhere is Dow going

[pally12] 21/8/2019 10:04

Funny how all the buys have turned to unkown trades

[pally12] 19/8/2019 14:32

Doesn't help when buys are shown as sells making it look like no one's buyingNot giving a true picture of demand

[vikingwarrier] 06/8/2019 07:48

Any news on Brazil yet guys?