Chariot Oil & Gas Share Discussion Threads

[chestnuts] 16/4/2021 20:53

Bogot Sorry for not replying but i have been busy working, SHG is definetley an inverse head and shoulders, and shanta as a perfect storm coming with VAT returns and gold about to shoot up, i have loaded up some more its not very often you get the chance to buy into a company which is so cheap. The market at some time will go crazy for gold stocks, and this day cant be far away.

[bogotatrader] 15/4/2021 20:57

Hi Chestnuts - re SHG - inverse head and shoulders forming?

[invisage] 15/4/2021 00:23

stocks to top in 2021 and major low due in 2022 according to cycle work and EW

[888icb] 14/4/2021 12:49

Just to show similar projects in Morocco are being financed Sound Energy are currently Up 19% on this announcement. The Company is progressing the Final Investment Decision contract and approval processes for its Micro LNG phase 1 development with all relevant stakeholders. This will lead to a 'notice to proceed' and construction to start in due course. The Company confirms that, after restructuring of the Notes, it has sufficient cash resources through to August 2021 to undertake these activities. Graham Lyon, Sound Energy's Executive Chairman, commented: "I am pleased that Sound Energy has now successfully completed the restructuring of its loan note obligations. This new arrangement removes one of the constraints in progressing the development of the Tendrara TE-5 horst development. I would like to thank the Noteholders for working closely with Sound Energy to develop a solution that benefits all stakeholders. The Company is now well into the contracting and approval processes which will consequently deliver the phase 1 Micro LNG 'notice to proceed'." Looking forward to news on this front from CHAR.

[chestnuts] 13/4/2021 21:24

Important dates for gold also alot of Gann involved ie sq roots and cubed roots 1934.07 This is when the USA revalued gold from %20.67 to $35 1968.25 The LBMA collapsed and shut down for over 2 weeks 1971.62 This is when Nixon took gold off the gold standard 1980.05 This is when gold topped at $876.6 2023.55 this is my top Now if we just use the last part of each date 34.07 = 1244 days The last cycle in gold from 1976 to 1980 - 3.407 yrs and from the bottom in 2008 to the bottom just gone in March is 12.43 yrs 71.62 or 716.2 cube rooted = 8.947 80.05 sq rooted = 8.947 2023.55 minus 1934.05 = 89.47 yrs 23.55 sq rooted is 55.46 yrs 1968.25 when the LBMA collapsed to 2023.55 = 55.4 2.355 = 8602 days $8602 this is my target Another cycle 89.47 if we add 1900 to make 1989.47 The highest price in gold was $375 if we take away $35 (starting price we are left with $340 1989.47 minus 1934.08 = 55.39 leaving 34.08 yrs to 2023.55 Also when gold topped in 2011.681 Gold topped at 1921.6 but the total rise was 1886 the number of yrs from the bottom in 1968.25 was 43.428 which is the sq root of 1886

[andonis] 11/4/2021 11:26

Good Chestnut ...

[chestnuts] 09/4/2021 20:02

Hi Anthony Hope you are well Important dates for gold 1934.07 This is when the USA revalued gold from %20.67 to $35 1971.62 This is when Nixon took gold off the gold standard 1980.05 This is when gold topped at $876.6 2023.55 this is my top Now if we just use the last part of each date 34.07 = 1244 days The last cycle in gold from 1976 to 1980 - 3.407 yrs and from the bottom in 2008 to the bottom just gone in March is 12.43 yrs 71.62 or 716.2 cube rooted = 8.947 80.05 sq rooted = 8.947 2023.55 minus 1934.05 = 89.47 yrs 23.55 sq rooted is 55.46 yrs this = the time from 1968.25 when the LBMA collapsed 2.355 = 8602 this is my target

[888icb] 08/4/2021 14:46

Sound Energy who are at a similar stage to CHAR on a gas project in Morocco are currently Up 39%. Perhaps some of this interest in Morocco can come to CHAR!

[888icb] 07/4/2021 09:42

As Total are CHAR’s partner in their new African renewables business it is also highly likely they will have a look at the gas project. The fact that Total have had to shut down operations in Mozambique due to security issues could well increase their interest in a new long term project in Morocco . Clearly Total would make an ideal partner and I hope there are discussions taking place because of the link due to the Renewables project.

[888icb] 06/4/2021 17:43

All 41 trades of today’s volume of 932000 are shown as sells but at the close it was moved Up 6.5% to close at 9.2p. The 16.5% spread has been ridiculous and has hidden the buys.

[hsfinch] 05/4/2021 16:34

Get lost ramper.

[hsfinch] 01/4/2021 14:41

A fair bit of selling goin on. More news puffs required to suck punters in.

[andonis] 31/3/2021 09:39

you think fair. I need to do some chats

[andonis] 31/3/2021 09:37

possibly Invi I have to study it

[invisage] 30/3/2021 23:21

Before June sell longs and go to Cash ... I don't like shorting, I see volatility a lot of volatility in the second half 2021

[andonis] 30/3/2021 11:23

free stock charts from uk.advfn.com

[andonis] 30/3/2021 10:05

yes... free stock charts from uk.advfn.com

[invisage] 26/3/2021 23:29

DOW made new highs...Markets going to go parabolic and then crash later this year...

[888icb] 23/3/2021 19:24

Some more from Malcy which sits before the final paragraph in the preceding post: Chariot has a number of times suggested that there were a number of game-changing deals on the go and this certainly ticks that particular box. As a move away from the old elephant hunting days, drilling for oil offshore West Africa, this couldnt be more different as it takes on the move to cleaner, greener more sustainable energy. With a rapidly increasing African population, doubling to some 2bn in 25 years, the demand for renewables is expected to grow out of all proportion. So this deal that gives both companies and countries a chance to deploy in renewables is crucial and with the involvement of Total who add a major perspective and will be a key part of the relationship with the Pella stable in 17 African countries provided by Adonis Pouroulis. It is also suggested that through the JV Chariot will be able to lever off the Total balance sheet giving even more potential. Of course the Lixus tie-in will provide the already decent size Anchois discovery with a market place, with its de-risked project NPV10 of some $500m + it also ticks the scalability box where a potential 3 TCF are anticipated There are a number of sundry positives, for investors who rate the above industry average of ESG compliance the acquisition meets Chariot’s key ESG value of Positive Impact on the environment, countries, and communities where it operates. It marks the change towards gas on the continent and obviously with a large number of energy hungry mining projects should have medium and long term opportunities. Post completion of the acquisition, the enlarged group plans to formally change its name from Chariot Oil & Gas Limited to Chariot Limited under the tagline of “Chariot Transitional Energy”, very much a cleaner, greener and more sustainable company. Personally I think this is a very good move by CHAR which will not only be profitable and scalable but sets out the stall for a modern energy company that will embrace renewable power in mining.

[t0pgrader] 23/3/2021 16:13

Malcy's Blog: The shares have not taken advantage of what is without doubt a game-changing deal, investors should watch the interview with Adonis and see how the various moving parts in this deal will combine to make the current market cap look positively tiny by what it should be. A key member of the bucket list Chariot is set fair with this deal. https://www.malcysblog.com/2021/03/oil-price-chariot-and-finally/