Chariot Share Discussion Threads

[888icb] 19/11/2021 09:14

Positive now Up 0.5% due to an AT buy at 8.28. Volume 307000 bus exceeding sells 2/1.

[amaretto1] 19/11/2021 09:02

Why don't you go see your 55 employees.....Ask them all what they think of you ? i already no the answer !

[888icb] 19/11/2021 08:59

SP appears to be down because it is marked to the opening AT trades which were buys at 8.02p. The buys are now going through at 8.22p but not as AT trades.

[brazilnut1] 19/11/2021 08:49

"an" enviable position. Thanks.

[amaretto1] 19/11/2021 07:18

NORD 2 Gas pipeline suspended...Southern Europe will be the safest gate way in to Northern Europe in the Near future....,Putting CHAR in a enviable position

[brazilnut1] 18/11/2021 19:34

Ok I reckon the rig will depart on the 22nd Nov, arrive early, run anchors without a hitch, spud quicker than expected, reach td safely way quicker than planned, results much better than expected, share price still below 10p. Oh well I tried. 😁

[stevedd3] 18/11/2021 15:59

https://www.orkneyharbours.com/info/shipping

[stevedd3] 18/11/2021 15:54

2 anchor Handling tugs arriving in scapa on the 22nd also Forth Warrior departing 22nd this could be it

[brazilnut1] 18/11/2021 11:40

Globalwillie. Whatever. 😁

[brazilnut1] 18/11/2021 11:00

Oh ye it's "have" left you bitter and twisted not "has". Low intellect eh ? 😁

[globalwill] 18/11/2021 10:56

Amaretto1 thumbs up to that comment!

[brazilnut1] 18/11/2021 10:54

Sounds like you are pretty twisted though. Dont like any opposing thoughts to your own eh ? Furlough been hard for you ? Thats you, "I'll listen to Malcy" instead of listening to yourself. Dont need a job when you own and run your own company with 25m turnover and 55 staff. Dont choke on your own bile.

[amaretto1] 18/11/2021 10:17

I'll listen to Malky rather than a uneducated novice furlough trader like your self any day of the week !!Your incompetent trading skills has left you bitter and twisted. You will become one of the 85 percent I'd start applying for low intellect jobs ... ASAP

[jungmana] 18/11/2021 10:10

One of the best shares to invest in over the next 3 months and beyond I think a 5 bagger from this level is possible within a 6 months time frame from now . Lots happening here

[brazilnut1] 18/11/2021 09:33

All that frothy talk above and as you can plainly see, nothing has happened. Zero, nowt. Don't be too swayed by Malcy's "5 bagger" either as he seldom gets it right. 3 months ago it was a 10 bagger now only a 5. Seems a bit odd given all the news is so eye wateringly great. Excuse my negativity but these little oilies rarely live up to expectations so if this thing is a bagger of any kind then I will be happy to be proved wrong. GLA.

[888icb] 18/11/2021 08:40

A summary and comments on yesterday’s interview with the CFO from ShareholderChar on another bb:
JMW PI interview .18 Nov 2021 05:07
Morning all, listened to judge Jules PI pitch twice yesterday evening.
Very confident.
So here’s my takes on it all..
1- We are drilling all 5 targets in the Anchois well , appraisal, production and low risk exploration well planning.
2- Drilling will commence in a few weeks, definition of a few weeks to me is 2-3 , possibly 4 , however if it were 4 he would have said a month … as such unless they have invented teleportation rig move technology, the SD Needs to get moving, so IMO with in 5 days or so….
3- I wish the interviewer would have asked him if the new binding collaboration with Total Erin would cover hydrogen ..! What it does cover is Solar and wind , which are both required for green hydrogen mfg.
4- Body language is key, I looked closely and it is quite clear IMO ,the announcements of late are appetisers for the main course to come, JMW hinted strongly at impending partnering announcements soon and I watched his expression …it is clear to me he would love to talk more but at this time cannot.
5- Full reiteration of banging the PR drum and getting the message out there, bodes well for sustained news flow , this is now a consistent message from him.
6- He could hardly Contain himself when pressing about the upcoming period being exciting for shareholders.
7- He was talking about future confirmed gas off take agreement and selling excess gas into the European market with such a high degree of confirmed confidence that I took out of that , that I believe, internally they ( all connected with company) all believe Anchois is destined for nothing but success …….. yet we Know the market is currently valuing success of Anchois at circa 10% -20 %
8- African Solar projects are advanced and news flow coming on these, from the chart we see at least 9 circles which state ,advanced stages.
9- Chariot’s new ability to pump up to 49% into future renewable projects is massive for shareholders , ( again market values zero) ..they quite clearly have a hugely value accretive plan here.
10-New projects are also coming, his body language was quite strong on this …of course because he Knows..
Anyway, after the roller coaster of yesterday . Let’s see what today brings

[888icb] 18/11/2021 08:34

From Malcy’s blog yesterday:
Investors who either managed to get to the recent management presentation, or who have been watching the way that Chariot is changing in the last year or so will not find this exciting announcement much of a surprise. Adonis Pouroulis and his team are leveraging their vast skillset in the African mining industry through this ongoing partnership with Total Eren.
Whilst the shares are gently rising from the lows, the moves that Chariot are making will be of a far more significant nature, I would suggest that if the plans mature, and I have no reason why they will not this should be at least a five bagger, probably more.

A 5 bagger probably more.

[ngms27] 17/11/2021 14:51

brazilnut1, it means if successful and gas is proved up and put on production the real value is 130p per share into days money. Of course we will never see that but you may see half of it ;)

[brazilnut1] 17/11/2021 14:34

Jungmana.
Please explain the difference between unrisked 45p and risked 130p in plain speak so as everyone not in the oil business can understand this in relation to the share price

[amaretto1] 17/11/2021 14:29

Ive 80 -100But so many facets... and opportunities with Total etc It's a absolute no brainer at this SP

[jungmana] 17/11/2021 14:00

Anchois unrisked for sands A and B; 45pRisked 130p,Mauritania Green hydrogen project, Other Energy projects with Total Eren ( eg Burkina Faso)Namibia and Brazil acreages.

[jungmana] 17/11/2021 13:56

Just a reminder by Simon T on IC, 2 weeks back;Aim-traded African-focused transitional energy group Chariot (CHAR:8p) has signed a memorandum of understanding for an offtake agreement with an international energy group in respect of its flagship Anchois Gas development, offshore Morocco.The future gas sales agreement (GSA) will be 40 million cubic feet per day (mmcfd) for up to 20 years on a take or pay principle. Analyst Jonathan Wright at house broker finnCap believes this is sufficient to underpin the economics of the project, adding that the GSA is expected to be priced in the US$7-$11 per mcf range normally seen in Morocco, and excess gas can be sold through the European spot market through the Maghreb-Europe Gas Pipeline. Given the ongoing energy crisis in Europe, I would expect EU countries to be queuing up for a reliable source of energy when first gas comes on stream in 2024, assuming all goes to plan.Key to the project’s future is the Anchois gas appraisal well which is on track to spud in December, initially targeting an estimated 361bn cubic feet (bcf) of 2C contingent recoverable resources in high-quality reservoir A&B sands. The well may also potentially test deeper sands which contain 690bcf of 2U prospective resources. Good news on the drilling front would be highly supportive of signing up institutional lenders to finance the capital expenditure (US$350m for Anchois A and B sands) to bring the project on stream. It is also highly likely to send Chariot’s share price rocketing to narrow the massive share price discount to finnCap’s unrisked valuation of £286m (45p a share) for the Anchois A&B gas fields which is based on an US$8 per mcf gas price.Chariot’s shares have risen 19 per cent since my last article (‘Bargain shares: An African adventure’, 28 September 2021) and the holding has produced a 155 per cent total return (TR) on my 3p a share break-even point if you have been following my recommendations since I included the shares in my 2017 Bargain Shares Portfolio. The TR is ahead of both the portfolio (142 per cent) and FTSE Aim All-Share index (45 per cent).If you have a higher risk appetite, then the shares offer considerable upside potential in the event of positive news emerging from the Anchois appraisal well next month, albeit any disappointing news would have the reverse effect. Speculative buy.

[brazilnut1] 17/11/2021 12:52

Potential means nowt. 30p eh ? Maybe in 2050.