Chariot Share Discussion Threads

[888icb] 11/4/2024 12:35

An interesting post from Jimmy 23 on LSE:
“ This is great news that the seller has been taken out, and it seems like we have a new significant shareholder which must be announced within a few days.

The second well option for the lixus licence is intriguing. My guess is that chariot previously announced that the development plan for anchois was designed to add in additional gas production from around anchois.

The anchois east well will test the deeper O sands on each side of the north fault, so my guess is that if these are successfull they would drill anchois west and test the deeper O sands below it and possibly also test a potential gas accumulation in the pliescene above anchois west.

The chances of success for these wells is very high indeed, and drilling of these wells would then allow the pipeline to shore to be sized for 200 mmcf per day, now that generates a hell of a lot of cash. Expect dividends from that cashflow.

The loukos drilling onshore should be starting in a few weeks , we could get a very nice surprise in the deeper secondary target.

Jimmy”

[wolfofwallstreets] 11/4/2024 12:21

Nice to see some decent posters on here again..

Feels like we have now hit a turning point...

Chariot on fire..

[888icb] 11/4/2024 12:13

An interesting post from Jimmy 23 on LSE:
“ This is great news that the seller has been taken out, and it seems like we have a new significant shareholder which must be announced within a few days.

The second well option for the lixus licence is intriguing. My guess is that chariot previously announced that the development plan for anchois was designed to add in additional gas production from around anchois.

The anchois east well will test the deeper O sands on each side of the north fault, so my guess is that if these are successfull they would drill anchois west and test the deeper O sands below it and possibly also test a potential gas accumulation in the pliescene above anchois west.

The chances of success for these wells is very high indeed, and drilling of these wells would then allow the pipeline to shore to be sized for 200 mmcf per day, now that generates a hell of a lot of cash. Expect dividends from that cashflow.

The loukos drilling onshore should be starting in a few weeks , we could get a very nice surprise in the deeper secondary target.

Jimmy”

[888icb] 11/4/2024 12:11

Someone needs to go to Specsavers CHAR Up 7.3%. The large seller was cleared yesterday and there is clearly a new large buyer. The rise we were denied yesterday is now underway.

[lawson27] 11/4/2024 12:10

lest see it through 10, blue sky's ahead GLA

[wolfofwallstreets] 10/4/2024 21:21

Brilliant post again Punchy.

Many words. Nothing said.

Nobody cares.

[hsfinch] 10/4/2024 21:14

Loool...in a stock like this for every big buyer, there are loads of small sellers. So what? And with so many shares issued too, it's hard for experienced traders like BB to know what's going on. Dunce's like Gekko are just guessing. Finchy

[wolfofwallstreets] 10/4/2024 18:59

I think it's safe to say that something is brewing...

The RNS this morning.

Buys in the millions of pounds..

Hmmmm...

[wolfofwallstreets] 10/4/2024 18:40

Brazil. Apologies.

That post was addressed to the adults on here.

Stick to copy and pasting your same rubbish over and over.

Not interested in a loser like you.

[brazilnut1] 10/4/2024 18:21

Gekko you tell us as you're the expert. Huge con and you know it. Down 8% on good news ? Bunch of clowns.

[wolfofwallstreets] 10/4/2024 17:46

Some interesting buys in the millions of pounds...what's going on here?

[brazilnut1] 10/4/2024 16:43

Another horrible day in the cesspit known as Chariot. If the first couple of wells don't deliver this dog is 3p in a heartbeat. There is no point in arguing any different. Brokers ? 🤣🤣

[ashkv] 10/4/2024 16:39

"Crucially, Chariot has secured a partner that is aligned to the development of Anchois and we note the partners’ plans to evaluate the undrilled low-risk deeper sands, targeting a material increase in the resource base to >1Tcf, considerably upsizing the development from c.640Bcf."

Elsewhere, the upcoming Loukos Licence drilling campaign represents a material near-term valuation catalyst for Chariot.

“We highlight that the drilling of these wells will also have important read-through to the offshore prospect portfolio due to the reservoir fairways that extend across the areas.”

Buy with a target price of 39p, adds the broker.

[hsfinch] 10/4/2024 16:33

Down 5%. When the three pillocks saw that they shat themselves. The executive PA had to make an unexpected trip to the dry cleaners. How very unpleasant.

[brazilnut1] 10/4/2024 15:52

Brokers are seldom right. Just parasites, paid for fk all.

[sev22] 10/4/2024 15:36

Chariot farm-out a validation of potential, says broker.

[brazilnut1] 10/4/2024 14:55

Down almost 5% now, whats going on 888 ?, or dont you have a clue like usual. Please cut and paste it when you do.

[hsfinch] 10/4/2024 13:30

Like the Bantam, the Brazil and yours truly have forecast, this news makes no difference except to the 3 pillocks who will be trousering stonking bonuses. To move the needle, there will have to be a huge find when they drill the sdx cast-off and a massive uplift from the ENOG appraisal we'll. That's why investors need brown trousers. Don't say you weren't warned. Finchy

[888icb] 10/4/2024 12:40

The just reported 4.25 million share buy at 8.98p at 16.25 yesterday certainly indicates someone wanted a big chunk at under 9p. That is a serious vote of confidence from hopefully an II who is in for a serious gain in the coming months.