Chariot Share Discussion Threads

[brazilnut1] 16/5/2024 14:56

What do you know about it Gekko ?, fk all. When you have drilled a duster costing £3m its not an overeaction for share price to fall heavily. Now drugs and alcohol, that's different. You and your family know all about them.

[wolfofwallstreets] 16/5/2024 12:47

Chariot of fire!!

[sev22] 16/5/2024 11:39

Chariot progresses onshore Morocco drill program in what it describes as a pivotal year.

[hsfinch] 16/5/2024 07:35

Duster in Namibia. Overspend on Anchois with no test resulting in failure to get a decent farm down deal. And the cherry on top...buying an sdx cast-off, pumping it as a a slam dunk and then drilling a duster. That stuff happens in the oil patch. Occasionally. But what is incredible are the rewards for failure. Jock Wallace and Julie Maurice-Williams trousering 600 grand a year. And Adonis AP Poroulis taking even more. And yet mug punters like Wooftaofbackstreets aka Gekko lap it up and beg for more.

[bantamboy] 16/5/2024 06:49

Chariot BOD will probably award themselves a huge Bonus shortly 🤣🤣🤣
In line with their contract performance agreement off course 🤣🤣🤣

[brazilnut1] 16/5/2024 06:44

Should get a bounce back to 5p today ? Conned to death here but brokers 50p still valid is it ? Another group of people who get paid for failure eh Gekko ? No point in hiding, we know who and what you are.

[bantamboy] 15/5/2024 20:59

A good entry level is around 4p..
The current £70 million market valuation is extortionate based on what assets they've got. Needs to be Around 20 - 25 million mc to get traders back on board.
But there's far better plays to be had than chariot tbh

[buffinman] 15/5/2024 20:17

Malcy makes light of it:

I think it would be an error to draw anything from this initial well in the area and as Duncan Wallace says above there is still much to be excited about for the company’s other prospects locally. With the rig moving directly to drill the next prospect the excitement continues and with so much to look forward to both here and at Anchois, Chariot remains a very favoured Bucket List stock.

By contrast, someone on LSE writes, Chariots of dire.

(I'm not invested here.)

[888icb] 15/5/2024 19:48

There has been a complete over reaction to today’s news. There has never been anything in the share price for the onshore prospects just as there is nothing in the share price for the renewables which have been valued at 10p per share.

Chariot has always been the plaything of traders and I hope that many of them have had their fingers severely burned today. This should correct quickly in the coming days as the targets remain above 50p

[aimloser1] 15/5/2024 19:39

This would offer a good entry point for the patient investor. Can’t see them dropping any lower

[ohdearohdearohdear] 15/5/2024 17:32

Some folk believe he's Jimmy Lea. Lots of his narrative seems to support that belief.

[nibble] 15/5/2024 16:44

Who else would employ him?

[ohdearohdearohdear] 15/5/2024 16:08

Weren't these drills meant to help to get cash in the short/medium term before offshore begins to deliver (which is many, many years away). How much will they need to raise and how much dilution will there be in the meantime?

I don't know why anybody would want to hold, let alone buy, these shares in the next 5 years or so.

[nibble] 15/5/2024 15:57

CHAR are now considered world experts in P&A'ing wells. They've sucessfully been doing it for decades now, and I'me sure they wouldn't know how to cope with any other outcome! You've got to smile at the use of their phrase "sub-economic", in place of utterly worthless.