Chariot Share Discussion Threads

[robizm] 10/1/2022 08:16

Not a de ramping but you will not hit 30p today never mind 50p

[888icb] 10/1/2022 08:16

A fantastic day for CHAR currently Up 55.5% on volume of 5 million.

[jungmana] 10/1/2022 08:16

1 TCF of gas is just huge. Am happy for the company and all shareholders

[jungmana] 10/1/2022 08:15

Market makers don't know what to do. Imo target 30 to 50p in the short term

[jungmana] 10/1/2022 08:03

My guess is open at 12p

[ngms27] 10/1/2022 08:02

No but my juices are.

[newbietrader2000] 10/1/2022 07:59

Isn't even flowing yet

[seball] 10/1/2022 07:53

94p Target
Peel Hunt added its published risked/unrisked valuation for Anchois stands at 23p/94p, indicating the potential prize on offer in the event of full commercial exploitation of Anchois’ PHe c.360Bcf 2C gas resource.

BUY

[squibno1] 10/1/2022 07:45

What an RNS -


· Anchois-2 well has been safely and efficiently drilled to a total measured depth of 2,512m by the Stena Don drilling rig in 381m of water.



· Comprehensive evaluation of the well has been undertaken through wireline logging, including petrophysical evaluation, subsurface formation testing including reservoir pressures and gas sampling, sidewall cores and well bore seismic profiles.



· Preliminary interpretation of the data confirms the presence of significant gas accumulations in the appraisal and exploration objectives of the Anchois-2 well with a calculated net gas pay totalling more than 100m, compared to 55m in the original Anchois-1 discovery well.

Appraisal Target

Gas Sand B has a calculated total net gas pay of more than 50m in two stacked reservoirs of similar thickness. The upper reservoir is a continuation of a reservoir drilled in the original discovery well, Anchois-1, with the lower reservoir being newly identified.

Exploration Targets

Gas Sands C, M & O were successfully encountered with multiple gas-bearing intervals across a gross interval of 250m measured distance with no water-bearing reservoirs identified, materially exceeding pre-drill expectations.

· Previously discovered Gas Sand A was not targeted in the Anchois-2 well, due to the intention of evaluating it in the subsequent Anchois-1 re-entry operations, however, the Anchois-2 well encountered gas bearing sands at this level providing important additional subsurface data.

· High quality reservoirs were encountered in all gas sands.

· Further analysis will be undertaken to fully understand the positive implications on:

o Gas resources within the expanded Anchois field and the scale of the potential gas development.



o De-risking of numerous additional material exploration prospects within the Lixus licence area with similar seismic attributes to the Anchois discovery now considered to be low risk.



· The well will now be suspended for potential future re-entry and completion as a production well in the development of the field.



· The Stena Don rig will then move to the Anchois-1 gas discovery well to perform re-entry operations with the objectives of assessing the integrity of the previously drilled well, and if successful, providing a future potential production well for the development of the field.

[the chairman elect] 10/1/2022 07:45

Over the XMAS/NT hols mentioned as a GOLD BUY - soon to be Western Australia's newest GOLD producer Calidus / ASX:CAI

CHART BREAK OUT over night in Aus....

Company Website:

[jungmana] 10/1/2022 07:41

To the filter you go waste of space

[newbietrader2000] 10/1/2022 07:40

ThisWill be like fog Ramped upBy the mms then slammed downPumpers are claiming silly targetsGas isn't flowing yet

[edgein] 10/1/2022 07:21

Well done to all holders, 100m of pay almost twice that of Anchois-1 well and even more significantly they didn't test or evaluate the A sands in this well, therefore all of that pay comes from the B-O sands! Way better than expected. The CEO stuck £1m in on the recent placing. No wonder he's delighted today. :)

Regards,
Ed.

[jungmana] 10/1/2022 07:11

Am over the moon waking up to this news.

[pro_s2009] 10/1/2022 07:10

Absolutely stunning result, even made me come back to ADVFN.



Well done CHARIOT !!!!! We are looking at quite massive upside. Well done everyone.


.

[ant15] 10/1/2022 07:09

Thats the one we wanted ....Transformational !

Adonis Pouroulis, Acting CEO of Chariot, commented:

"I am delighted to announce that Chariot, as well as conducting a successful appraisal well operation, has made a significant gas discovery at the Anchois-2 well which materially exceeds our expectations. We continue to conduct further analysis on the data collected from the well, but as it stands, we believe the result is transformational for the Company.

[girdz] 10/1/2022 07:09

Rns - significant discovery. BOOM.

[ant15] 10/1/2022 06:22

I think there is a very reasonable chance we will get news this week.

[secretsqu] 09/1/2022 21:49

The real con was that this was over 200p, over 10 years ago with no drill bit in sight, let alone on site and countless data room invitations.Credibility could be an issue.

[888icb] 09/1/2022 14:33

CHAR’s 52 week high is 11.05p set in March 2021. A suggestion that the minimum short term share price on successful drilling would be 15p which is exactly double the closing price on Friday seems if anything rather conservative. 15p would give a market cap of £114 million which is not a lot for the amount of proven gas CHAR should have. It seems to me that 15p to 30p is supportable and a reasonable starting place for discussion.

[brazilnut1] 09/1/2022 12:04

Ramper that is Jungmana is at it again. Dangerous for your wealth. Might be but not been right about anything else so far on this well. Only posted this on LSE, not here ?

"my guess is Wednesday or Thursday. If A,B and C alone are successful we should see 20 to 25p imo.
I expect anything between 15p to 30p short term based on how successful the zones are"

[mynameiskhan] 09/1/2022 11:59

Correction: "No News leaked so far"