Chariot Share Discussion Threads

[t0pgrader] 25/6/2021 16:56

I backed him on ZPHR - up 1,000% in 6 months

[nibble] 25/6/2021 15:40

Upside would be Malcy being right for the first time ever with CHAR.

[mynameiskhan] 25/6/2021 15:28

What's the upside on success case?

[t0pgrader] 25/6/2021 15:14

Conclusion from Malcy re Chariot (25/6); "the upside for the company is potentially so substantial that it would dwarf the size of the company as it is right now."

[brazilnut1] 24/6/2021 15:02

All just noise, nothing new here.

[888icb] 24/6/2021 13:38

Lunchtime RNS
Issue of Renewable Developer Acquisition Shares and Total Voting Rights

Chariot (AIM: CHAR), the Africa focused transitional energy company, is pleased to announce that further to the announcement made on 1 June 2021, in respect of the acquisition of the business of Africa Energy Management Platform ("AEMP"), completion of the transaction will occur on admission of the 9,196,926 ordinary shares ("Ordinary Shares"), at 8.00 a.m. on 25 June 2021.

It is worth remembering that people have accepted Chariot shares as consideration for their business. This demonstrates their belief that Chariot will be successful. AEMP is supposed to produce cash straight away which will be good.

It looks like a very positive deal for the company and it’s good that it will complete tomorrow with the admission of the new shares. Not sure why the market has reacted negatively.

[888icb] 21/6/2021 10:11

No and keep dreaming.

[hsfinch] 21/6/2021 08:33

PRD just spudded onshore Morocco. Big find will satisfy domestic gas demand for years to come. Will it kill Chariot's deepwater gas project? Come on you tartans.

[chestnuts] 20/6/2021 10:39

Invisage

By your last post it proves you have never read any of my posts as i have been saying for the last 10 months and if you go and read them there is a lot of detail.

[invisage] 19/6/2021 09:00

2023 you expecting a gold top chestnuts?

[hsfinch] 18/6/2021 18:03

Will be in the 4s next week without newsflow. Come on you tartans.

[nibble] 18/6/2021 16:58

I notice the bid today closed 10% down on the issue price of the latest open offer, having held around the break-even until just after PI's had to commit! Uncanny, eh? Fortunately I've seen this happen with every other CHAR offer so wasn't taken in.

[brazilnut1] 18/6/2021 13:40

But there is no interest. Another dead dog.

[hsfinch] 17/6/2021 21:42

Look at the volume. Hardly anything. Just market makers conning mugs with fake price action to stimulate interest.

[brazilnut1] 17/6/2021 16:12

Another share that is conning it’s holders. AIM ?, never again. All crooks and liars.

[888icb] 17/6/2021 10:00

CHAR having a good morning Up 6.8% at 5.98 on volume of 400000 and Number 9 on the Leaderboard.

[chestnuts] 16/6/2021 10:54

Fibonacci at its best

The USA started on a gold standard path in 1979
It reaffirmed the gold standard in 1900 21yrs

hxxps://fas.org/sgp/crs/misc/R41887.pdf
During the Civil War, the government issued legal tender paper money that was not redeemable in
gold or silver, effectively placing the country on a fiat paper system. In 1879, the country was
returned to a metallic standard; this time a single one: gold. Throughout the late 19th century,
there were efforts to remonetize silver. A quantity of silver money was issued; however, its
intrinsic value did not equal the face value of the money, nor was silver freely convertible into
money. In 1900, the United States reaffirmed its commitment to the gold standard and relegated
silver to small denomination money.

In 1934 it revalued gold and became the reserve currency 34yrs

In 1989 The Chinese started the 2nd Industrial revolution 55yrs

21 + 34 = 55
34 + 55 = 89
55 = 89 = 144

1879 + 144 = 2023

We have a overlapping Fib sequence

If you go to the Dow chart and look at the 20th Feb 2020 you will see the candle went back to test resistance of the top , if you add 3.408 to this you get my date 2023.55

Fascinating

[chestnuts] 16/6/2021 10:52

The shanghi gold exchange was set up on the 18th Sept 2014 which is 2014.716 (716 is the cube of 89.47 )

But what is amazing is that its 8.832 yrs to 2023.55

Fascinating

[brazilnut1] 10/6/2021 17:45

Hattie
At an average of £1 I’d say not a cat in Hells chance of getting back to that level. If it ever gets back to 20p you will be very lucky and surprised. This is another one of these Jam tomorrow companies but jam doesn’t show up. Hope I’m wrong for all our sakes.

[hsfinch] 10/6/2021 13:19

Fair enough. One thing is for certain...they've got a better shot since botty's gone.

[edgein] 10/6/2021 12:14

Hsfinch,

Well we'll see what happens won't we. Appraisal well planned for Q4 currently. CEO through one of his companies underwriting the open offer. He's got a lot more to lose than I have that's for sure. This is one of my smaller oil and gas holdings so I don't mind waiting. I had to wait for about 2-3 years before EUA launched. Morocco is a net natural gas importer so I disagree about the demand for gas, as the board said export to Europe also an option. Like I said though lets wait and see what happens on the FO and eventual appraisal. The potential for 1Tcf+ of recoverable gas has a lot of value, especially at $8/Mcf. But lets wait and see, no need to put the cart before the horse, lets see if they get the appraisal well drilled, the outcome of that and if they make some progress with the Total Eren cooperation.

Regards,
Ed.

[hsfinch] 10/6/2021 12:07

I bet Chariot has been trying to farm down for several years...since 2018/2919 when they got the license in the days of botty. No takers yet coz selling the gas in for a price that will cover the cost of the development is almost impossible. Why you may ask. First is the cost of a development in deep water. You're taking several hundred million dollars. When you turn that into a gas price it don't compete. So getting a a gas buyer ain't easy. Even if you get a buyer, it has to be creditworthy...not easy in Africa. Then you gotta raise the funds to pay for the project. Again not easy when lenders are turning away from hydrocarbons. Also Chariots field is too small for big players to be interested. Bottom line...youre gonna be sitting on this one for years.

[edgein] 10/6/2021 10:39

Wal,

Well you must have been happy enough with your research at the time to enter a high risk play like that. I guess since those days that you've sussed out that appraisal drilling is much lower risk, not risk free, but much lower risk than frontier expo drilling. CHAR at over £300m cap on Namibian expo was high risk for sure. Given the low cap and large appraisal target risk reward has changed enormously. CHAR was on my watchlist back in those Namibian drilling days, not any longer now I'm in for Anchois and secondary for the tie up with Total Eren for the alt power. For me at this level it makes a compelling punt. As for companies that have huge caps and produce very little take a look at the likes of 88E, PANR, TXP, MATD etc. This one at this level looks compelling in comparison.

Regards,
Ed.