Chariot Share Discussion Threads

[elan_1] 11/11/2019 17:06

Yes i saw it alles and have to say very encouraging mate :-) not many junior oilers in such s strong position as chariot that is for sure.Have increased my stake.

[allesandro] 11/11/2019 16:27

Elan1,i dont know if you saw some of the info i posted over the weekend,Lixie is clearly sitting in a sweet spot and those satellites could be amazing IMO

[elan_1] 11/11/2019 16:14

Funny enough Kaff my suite was made in morocco lol and is very very comfortable haha

[kaffco] 11/11/2019 15:15

elan

That is one gem of a 3 piece suite you have there if that 100k was yours lol

[allesandro] 11/11/2019 14:57

Something to keep in mind on the JV,chariot are debt free with no debt to equity deals in place (unlike nearly all other junior resource stocks ) and they are cash rich at the moment equating to almost all the current market cap.So in effect from a partners point of view chariot are perfect partner material,and are the operator of Lixie with 75% stake in the play.

It does not get much better than that IMO and just a few of the reasons why this will get one heck of a re-rate on the JV news.

[elan_1] 11/11/2019 14:11

Bayliea based on the current trading there is no need at all for them to have a wide spread,it can only be to deter buyers while they are transacting bigger buy orders behind the scenes.This will open up before too long IMO

[elan_1] 11/11/2019 13:57

Interesting that PEEL have moved out to 5.6p on L2 now so expecting some big late published buys later.Found abit down back of sofa earlier for a top up now looking in the armchair :-)

[bayliea] 11/11/2019 13:40

Finally got a quote under the ask. Not by much though 4.402 spread is BIG

[elan_1] 11/11/2019 13:36

Another 100k buy just popped up.

[kaffco] 11/11/2019 13:33

If a JV RNS lands this week i predict there will be alot of folks wishing they were in at these levels.The more savvy investors will be quietly building positions IMO and if richard griffiths is amongst them that will bring alot of additional interest.

[elan_1] 11/11/2019 11:59

Bayliea that tells me we could have an interesting close and open tomorrow here.

[bayliea] 11/11/2019 11:47

Ranging from 600-900k

[allesandro] 11/11/2019 11:38

Kaffco,i believe there is at least 55ft of net pay at the Anchois-1 discovery and further satellite prospective up to 2TCF*.In a word very nice indeed.

[kaffco] 11/11/2019 11:33

Guys the key thing about morocco is its low risk/high return and then the bonus of high local prices and strategic importance to the country.We could be looking at a flagship asset for the country here and chariot are the operator with 75% :-)

You do not get these bargains that often these days even in this current market.

[elan_1] 11/11/2019 11:18

Out of curiosity what volume was the quote?

[bayliea] 11/11/2019 11:16

Ok thanks. Ask just dropped but Im still being quoted 4.3

[elan_1] 11/11/2019 11:05

Bayliea you can sometimes get a better chance of a higher volume buy by placing an order at or near the full ask.And then follow quickly with an open market buy.

[bayliea] 11/11/2019 11:00

That's a pretty big uplift considering the share price is currently at 4.1

[bayliea] 11/11/2019 10:58

Yeah the more shares I get a quote for the higher the ask price isI was quoted 4.344.364.38

[allesandro] 11/11/2019 10:50

Hi bayliea,and welcome to the new bb,that tallies with what was said earlier that some very chunky buy orders are being "worked".Very interesting time here at the moment with some juicy news pending.

[bayliea] 11/11/2019 10:47

Being quoted well over ask for shares at the moment

[elan_1] 11/11/2019 10:38

Kaff,yes and alot less risk for him here than many of his other recent investments IMO it could be him that bought all those 100k chunks the other day and even that 600k one a few weeks earlier.

[kaffco] 11/11/2019 10:31

This talk of Richard Griffiths could be on the money as it fits his profile very well and he was an early holder here on the wildcats.He has made some interesting investments lately and some very decent gains.So the question is would RG be interested in a company trading at cash and close to signing a deal that could treble their market cap? of course he bloody would.

[allesandro] 11/11/2019 10:17

It looks to me that the mm,s are holding this for a buyer,if its RG we could see a hefty breakout soon.

[elan_1] 11/11/2019 10:10

Likewise kaff and to answer your question yes i do!