Chariot Share Discussion Threads

[888icb] 31/10/2023 12:11

This summary of the Proactive interview is very positive:
“ Head of Gas Business & Morocco Country Director Pierre Raillard speaks to Thomas Warner from Proactive after the Africa-focused transitional energy group announced it has received approval for the Environmental Impact Assessment at its Anchois offshore gas project.

Raillard explains that the company has been making significant strides in Morocco before going on to explain that the EIA covers various aspects of the project, including well drilling, construction of offshore subsea infrastructure, and connections to the Maghreb gas pipeline.

The approval, resulting from over a year of rigorous collaboration and assessments, is valid for five years. Raillard highlights Chariot's focus on fast-tracking developments in Morocco to meet the nation's increasing energy demands and facilitate the transition to lower carbon sources.

In the "very exciting weeks ahead", stakeholders can expect updates on various projects, including from the wider Lixus license area and the Loukos Onshore licence area.

Chariot remains optimistic about its scalable projects that aim to provide affordable, sustainable energy solutions across Africa.

[burial] 31/10/2023 11:10

No mate. Chariot just said the partner is close. The market knows that the partner is close. Otherwise the share price would be below 10p. Chariot cannot develop blocks the size of Lixus and Risanna but the right partner can and will. What we do not know is ...it will be a good deal. I think it will be ok. 20p definitely. 25p maybe. 30p in clover. Chariot will be left to fart about with the SDX onshore cast off. Maybe if they get a bit of upfront cash off the partner, they'll buy SDX. 10 million should do it. And they can really focus on the onshore stuff. Some of your wilder predictions are off beam but you're probably right insofar as investment case from here isn't worth bothering with...a 50% premium but always a risk it falls over.

[topvest] 31/10/2023 10:59

Yes, looks like a positive development. Next step will be the partnering arrangement.

[888icb] 31/10/2023 10:29

Chariot tweet this morning:
“ Chariot Limited
@Chariot_Energy
A new research note out from Auctus Advisors today: “EIA awarded at Anchois. Imminent partner on track”. Auctus re-iterates its 50p TP on the Company’s shares.”

[burial] 31/10/2023 08:48

Partnering is very close now. There's no guarantee that it will move the share price by a large amount. I reckon hsfinch has got inside info and his share price prediction of 20p-30p is what we'll see. That will do for me.

[888icb] 31/10/2023 08:32

From the RNS:
“ Securing approval of this EIA is a major milestone for Anchois and is the culmination of extensive time and teamwork that has gone into this critical process. This is a key building block for sanctioning the project's development, alongside other activities such as our partnering process which is close to conclusion.”

[devilsprofessor] 31/10/2023 08:13

Positive RNS this morning. I'd rather a slower approach and they get the foundations right! Keep it going Chariot!

[thisisbananas] 30/10/2023 21:18

Brazil..

How much you down by here,.son?!

Must have lost loads to be this obsessed...

Need to just accept investing ain't for you lad...

Stick to a post office savings book..

There's a chap...

[brazilnut1] 30/10/2023 16:31

These muppets don't know what imminent means. Could be in single figures within a couple of weeks.

[brazilnut1] 30/10/2023 11:16

Or next year. Apart from being sold off for fk all.

[pedigree_scum] 30/10/2023 10:04

deal is close deal in imminent...I feel Christmas is closer. I really can't see anything being done this year personally

[burial] 30/10/2023 07:50

Allez Chariot.

[brazilnut1] 29/10/2023 18:28

Why you on this bb bananaheid ? You don't hold Chariot. Numpty.

[thisisbananas] 29/10/2023 16:51

Posting at 831am on a Sunday..

You need a life sonny...

There's a chap...

[bantamboy] 28/10/2023 12:48

Well said finchy lad 🤣🤣
I think you're finally coming around to my way of thinking 🤔🤔
Chariot Bod are just a bunch of chancers playing at the game.
They couldn't do a good deal if their lives depended on it..
Especially the CEO & CFO.
A total waste of space the pair of them.

[hsfinch] 28/10/2023 09:51

RNSChariot Ltd (Chariot) is pleased to announce that its sponsorship of the Morocco oil& gas summit in Marrakesh was successful. The BoD and support team enjoyed 5 days of fine dining and pampering in the fleshpots of Marrakesh. As a responsible energy transition company the giant carbon footprint of the event was offset be planting a fig tree in AP's back garden. Major achievements included AP wining and dining Malcy in exchange for a puff piece in the blog and Julie oiling up Thommo in a seedy hammam for a nice piece in the IC.AP said "Id like to think the team for spending a big chunk of shareholder cash on this wonderful event".Ends.

[bantamboy] 28/10/2023 08:03

Malcy the stooge does exactly what he's told for his Brown envelope...
His write up about chariot is so typical. . A long winded, puffed up version of a typical chariot RNS.
No value..no time lines..no interest from anyone..
The scam rolls on & on & on.
Meanwhile the share price is dropping away nicely, leading upto the next cash grab placing..

[888icb] 27/10/2023 17:10

I don’t agree that Malcy is underwhelming. So that people can make their own mind up here are Malcy’s comments:
“ Chariot
With so much going on in Morocco and as a sponsor of the Summit it was not surprising that Chariot was well represented this week. The keynote presentation: Morocco’s Unique position in Africa as an emerging hydrocarbon province was given by Duncan Wallace, Chariot’s Technical Director.

In addition Pierre Raillard, Chariot’s Head of Gas business and Morocco Country Director, gave an address entitled ‘Building a sustainable gas value chain in West Africa’.

Clearly the Anchois Development Project has been the key to recent excitement at Chariot as it will have the ability to deliver substantial quantities of gas primarily into the Moroccan domestic market with significant upside. This is because whilst there are obvious export opportunities, the country are committed to the long term plan to move the needs of the country away from coal and to gas as a transition fuel for power generation.

Chariot are planning to supply Morocco’s key Atlantic industrial zones and they have a partnership with Vivo Energy in terms of energy distribution and of course this will hopefully be added to when the Loukos Project gets underway. This project has been put together alongside Anchois as it’s onshore location should mean that wells can be drilled more quickly and get to production sooner, it is very true that it will involve exploration wells but Duncan Wallace said to me today that ‘there seems no reason why they shouldn’t work, after comparing all the similar geological and geophysical similarities the prospects have with our success at Anchois and taking into account the offset wells which demonstrate reservoir and gas presence’

It would be wrong not to mention Eni who are drilling the Cinnamon-1 offshore exploration well and of course whilst likely to be targeting oil in the Jurassic, would on any success have an immediate effect on local industry in such areas as service providers.

Chariot were also highly complimentary about the relationship with ONHYM who have been not only giving help to upstream but also to those in midstream which will be important for Chariot as it highlights the infrastructure opportunities presented. ”