Chariot Share Discussion Threads

[seball] 21/3/2024 20:33

Plenty of big buys. The below shows the value of Chariot.

US bank Stifel has provided its insight on Chariot Ltd (AIM:CHAR, OTC:OIGLF)'s Transitional Power business, which, it reckons, is worth more than the entire company as it trades at its current share price of 7.46p a share.

Stifel thinks the operation, which has four projects generating 515MW of electricity, is worth $132 million, or 10p a share.

The bank reckons the current roster of assets is worth $32 million (based on a discounted cash flow calculation) and pipeline $100 million.

Chariot also has gas and green hydrogen operations, which the US investment bank values at 29p a share.

Earlier, investors were told the Transitional Power segment is seeking near- to medium-term funding to realise its full potential. The company is exploring debt and equity financing options at the subsidiary level, with potential investment interest from South Africa-focused investors.

While Chariot's Green Hydrogen division will continue as a core part of the group, the strategic review could lead to various outcomes for the Transitional Power business, including a full or partial sale, a demerger, or its retention.

The primary aim is to maximise shareholder value, the company said.

[wolfofwallstreets] 21/3/2024 17:57

Some decent buys at the close as well...one for 90k which shows as a sell but was at the ask price of 9p..

[abbo145] 21/3/2024 16:03

First target, last fund rajise at 14 p. Then steady rise to 18p fund raise. Get on board now or miss the boat

[hsfinch] 21/3/2024 15:38

As previously noted, its a punting vehicle now. News#1 - finalisation of enog deal. Up 1p. Before drifting back. News#2 - onshore drilling result. Up 2p. Down 3p. News#3 - offshore well test. Up 2p. Down 5p. News#4 - cash raise. Down 1p. Sp at year end. 5-7p. DYOR. Finchy

[aimloser1] 21/3/2024 15:10

As WofWS would say “Chariots of Fire”

[wolfofwallstreets] 21/3/2024 10:09

Looks like...maybe..chariot is on the upturn..

[seball] 21/3/2024 09:49

Technically there is very little resistance to 10p. Buy

[hsfinch] 21/3/2024 09:48

Unless its bad news of course. Finchy

[devilsprofessor] 21/3/2024 09:12

Patience is about to pay off

[pedigree_scum] 21/3/2024 08:50

Getting ready for blast off. Lots of newsflow coming our way. Has been a tough year + but hopefully the rewards will be worth it

[master investor] 21/3/2024 08:22

Distressed seller finished here by the looks of it.

[brazilnut1] 21/3/2024 08:21

Wolf you ARE Gekko.

[xxnjr] 21/3/2024 07:17

Energean Results; "Completion of the Morocco farm-in is expected imminently, upon receipt of the remaining approvals from the Moroccan Authorities.

Energean (Operator) and Chariot plan to drill an appraisal well on the Anchois field in Q3 2024."

[wolfofwallstreets] 20/3/2024 16:40

ant15...agreed..

Feeling good about char...

[ant15] 20/3/2024 14:29

Wolf, Brasil is quite a decent sort of person in many respects. Why he stoops to the levels he does here is beyond me. He is worthy of far better. Not to worry we might be able to satisfy even his low opinions of the company and possibly himself as this marches past a point that I suspect he has lost money at. If you're reading this BNUT don't be offended just curb the awful rhetoric please and am still way down but confident that we are now about to see the best of CHAR.

[hsfinch] 20/3/2024 13:48

Dunceofcoronationstreets. Widows and orphans beware.

[wolfofwallstreets] 20/3/2024 13:10

Brasil...

Have said before..I'm not a gekko.

And your posts are revolting and cretinous.. there is even warnings on advfn that you are an online troll..

[wolfofwallstreets] 20/3/2024 13:08

Looks like another green day...and I dont mean the band..

And lots of buys at midday...

Steady at 8p..

[brazilnut1] 20/3/2024 10:20

And down she goes because no fkr that matters is interested in this dog.

[brazilnut1] 20/3/2024 00:06

Wolf is actually Gekko, the most vile poster on here check out his past posts

[brazilnut1] 20/3/2024 00:01

Aimloser1. Wheels are already off mate. Down 75%. Dont you follow the SP?

[wolfofwallstreets] 19/3/2024 21:44

Thanks Aimloser1...

It's not even doomsday merchants...some of the stuff they post is just vile..

Let's all just see whos right...

[aimloser1] 19/3/2024 19:45

WofWS - I like your positivity as a countenance to some of the doomsday merchants on here. Let’s hope the chariot wheels don’t come off

[wolfofwallstreets] 19/3/2024 16:11

888ICB..

Agreed...feel like 2024 will be the year..

A wee gain today..back into the 8s and seems to be staying there...

Keep the faith!

Chariot of fire!!