Chariot Share Discussion Threads

[texaschaser] 10/9/2020 17:51

jotoha when shares issued was much less - ramper man

mannan LSE '10 baggers too small. 1000 bagger will do. Long term buy'

1000 time £11m eql £11bn company - hahahahahahaha mannnan biggest ramper on LSE

Gooner now ramper frend.

[jotoha2] 10/9/2020 09:05

It's possible , but more solid news will act as the catalyst for a massive rerate, you have to remember this was £3 a share when the insti were involved , am sure they will be back if they see an opportunity to win big time.

[888icb] 10/9/2020 08:00

Let’s hope Finn Cap are right as that would be 10x the current share price That would put a smile on the face of the long term holders.

[t0pgrader] 10/9/2020 07:44

Finn Cap raised their share price target today to 32p (28p)

[jotoha2] 09/9/2020 17:42

Nice again.

[888icb] 09/9/2020 17:09

Blue it goes closing UP 8.9% on volume of 5.1 million.

[mr hangman] 09/9/2020 15:59

Rubbish, red it goes

[888icb] 09/9/2020 13:26

Continuing to make progress today UP 6.3% on volume of 4 million. This is very undervalued and on the back of yesterday’s news has potential for a major rerate in thee coming days as more news is released.

[invisage] 09/9/2020 06:39

Good luck with Shanta chestnuts What are your thoughts on dow? And bullish dow...

[chestnuts] 08/9/2020 23:50

Invisage / Anthony

A couple of yrs ago i wrote a piece on GKP, and part of it showed and it went like this at the top of the 3rd wave the movement was 198 and the number of days was 593
198 x 593 = 117414
the next part is that it took 475 days and went up 247p and topped at 450p

475 x 247 = 117325

as you can see they balance out.

if we apply this to Shanta

the cycle for shg is on this wave from 16th of March to today which is 177 and the movement is 10.65

177 x 10.65 = 1886

now i think the cycle in total is 251 days

so we have 74 days left
1886 divided by 74 = 25.486

25.486 + 17 todays price = 42.485

42.5p was my target












Which is my target

[mr hangman] 08/9/2020 16:52

Just read the RNS again, I don't think there is enough gas, to fill enough balloons up for a kiddies party

[mr hangman] 08/9/2020 16:45

Utter junk

[f0rl0rn] 08/9/2020 16:11

Very doubt about farm in, when all majors cutting on dividends and preserving cash. With all this COVID-19 thing and economic uncertainty wont be easy to raise money too. Hopefully they've got enough cash to survive another year or two, otherwise........

[squibno1] 08/9/2020 16:07

F0rl0rn I'm sure I read recently that a fund raise was likely but only after the share price had increased somewhat. I now can't find where I read it. Doh!

[jotoha2] 08/9/2020 14:21

Surprised you think they need cash now , farm in with future costs covered will do nicely , plus debt finance once they are producing ,cash in place should be around £8 mil

[f0rl0rn] 08/9/2020 13:23

The question is what's first equity raise or farm in. By the Adonis answers, looks like equity, only interesting at what price?

[888icb] 08/9/2020 13:08

The CEO has a large shareholding acquired over a number of years and has never sold a single share. He feels the pain of all long term shareholders. He wants to see the share price increase to reflect the true value of the assets. The presentation was very positive. We can expect further news soon.

[anangf] 08/9/2020 12:55

CFO saying they have had partnership offers but sounds like they are holding out. Must be lots of upside coming here?

[t0pgrader] 08/9/2020 12:28

Seemingly v positive investment presentation.

Emphasis upon new vision & new strategy and alignment between Executive and Shareholders.

Major announcement re Morocco development to be expected "shortly"

Anchois development costs 30% lower than 2019 estimate

"Aggressive plans afoot" so many more RNSs should be expected says Adonis

3rd party partnering re Anchois: "pleased how partnering process is going and new parties entering the dataroom". "It's about doing the right deal for CHAR shareholders so it's taking longer to get the best deal."

Adonis as the largest shareholder will stay as long as necessary to drive the new plan through.

First gas in Morocco in 2024 if successful on funding

Equity fund raise prospects: "only if it adds value". Intention is to fund development through debt

Cost to fully appraise Anchois $35-45m pre recent industry decline

When the time is right co will recruit right project team

Adonis: " we need to build credibility in the market so the stockmarket sees the value in CHAR assets that management sees"

[babbler] 08/9/2020 09:19

Ty. Maybe.

[jotoha2] 08/9/2020 08:48

Babbler , plenty left here at least 8p for short term gain.

[babbler] 08/9/2020 08:41

Thanks to those who put me off below 2p yesterday..Urgh.