Chariot Share Discussion Threads

[jungmana] 08/11/2021 11:28

Lovely! Entering a very busy period for char. Let's hope all goes well and we can have a big party early 2022.

[stevedd3] 08/11/2021 11:19

Spud equipment being loadedhttps://twitter.com/chariot_energy/status/1457668383474864128?s=28

[stevedd3] 08/11/2021 10:46

It's still anchored in scapa @ the moment with Island Defender sitting next to it

[888icb] 08/11/2021 10:12

The other bb is suggesting the support ship is with the rig and it looks as if it is preparing to leave. The key trigger will be an RNS to make it official news.

[ant15] 08/11/2021 09:53

8881CB If you follow Stevedd's latest postings The Rig is now "enroute" he has provided the link.

[888icb] 08/11/2021 09:43

Currently Up 4.9% at 8.5p from 126 trades and volume of 5.3 million. We are seeing a number of AT trades but not yet on the scale we have seen on some big volume days recently. Continues to rise as we await news and it may well be news that the rig is about to set sail.

[888icb] 08/11/2021 08:31

Now Up 7.4% at 8.7p on volume of 3 million. Looking very positive and another mention by Simon Thompson is good to keep CHAR in the spotlight.

[skyship] 08/11/2021 08:14

Written up by Simon Thompson (IC).

"Bargain shares: Speculative high return trading opportunity:

Next month's appraisal well results from an African-focused transitional energy group have potential to send its share price surging"

[888icb] 08/11/2021 08:09

Good start to the week Up 6.2% to 8.6p on volume of 1.4 million after 8 minutes trading.

[k mon] 07/11/2021 11:07

.. even fixing the Https .. stilll doesn't work..

[ifthecapfits] 06/11/2021 17:00

Link doesnt work.

[chestnuts] 06/11/2021 14:09

If you look at the table below it of a Fibonacci table, if i am correct with my workings and gold does go to $8832
From Thursday it leave 624 days and price movement of 7073
Now if we look at the chart on gold it went from $1451 to 2075 which is a 624 movement
If you divide 34 by 3 you get 11.33333
7073 divided by 624 days 11.334
Or if you divided 7073 by 624 you get 11.3333 times and i have seen this where as the price rises $624 then rests then up again
So the next resting place could be 2383,

[seball] 06/11/2021 10:44

Don't forget potential of Namibia and Brazil where Chariot has positions in these exciting frontiers also. These are on the back burner but there are 2 exciting Wells by total and shell spudding this year in Namibia. Any oil in those and 100p share price easy imo

[stevedd3] 06/11/2021 09:57

Interesting post on LSERE: Adonis @ COP26Fri 22:18Hi goonerpeteI don't think people realise that drilling up dip from a proven gas discovery is very low risk by exploration standards. That's why chariot were able to secure an offtake contract . Chariots brokers valued chariots interest in the field at $500 million or approx 50 p a share , yet that was before the large increase in gas prices. The tax terms in Morocco are that first ten years of profit are tax free so the increase in gas prices goes straight to the bottom line.With an offtake contract in place, securing finance is straightforward., hard work but very doable. This is an incredible investment opportunity with high probability of going to 50p and then there is the hydrogen project in Mauritania as a fall back asset which is I believe will be huge.Jimmy

[ant15] 06/11/2021 07:55

Boystown 45p per share NOW that is a figure to conjecture with.

[boystown] 05/11/2021 18:44

Tipped again by Simon T FWIW...

Aim-traded African-focused transitional energy group Chariot (CHAR:8p) has signed a memorandum of understanding for an offtake agreement with an international energy group in respect of its flagship Anchois Gas development, offshore Morocco.

The future gas sales agreement (GSA) will be 40 million cubic feet per day (mmcfd) for up to 20 years on a take or pay principle. Analyst Jonathan Wright at house broker finnCap believes this is sufficient to underpin the economics of the project, adding that the GSA is expected to be priced in the US$7-$11 per mcf range normally seen in Morocco, and excess gas can be sold through the European spot market through the Maghreb-Europe Gas Pipeline. Given the ongoing energy crisis in Europe, I would expect EU countries to be queuing up for a reliable source of energy when first gas comes on stream in 2024, assuming all goes to plan.

Key to the project’s future is the Anchois gas appraisal well which is on track to spud in December, initially targeting an estimated 361bn cubic feet (bcf) of 2C contingent recoverable resources in high-quality reservoir A&B sands. The well may also potentially test deeper sands which contain 690bcf of 2U prospective resources. Good news on the drilling front would be highly supportive of signing up institutional lenders to finance the capital expenditure (US$350m for Anchois A and B sands) to bring the project on stream. It is also highly likely to send Chariot’s share price rocketing to narrow the massive share price discount to finnCap’s unrisked valuation of £286m (45p a share) for the Anchois A&B gas fields which is based on an US$8 per mcf gas price.

Chariot’s shares have risen 19 per cent since my last article (‘Bargain shares: An African adventure’, 28 September 2021) and the holding has produced a 155 per cent total return (TR) on my 3p a share break-even point if you have been following my recommendations since I included the shares in my 2017 Bargain Shares Portfolio. The TR is ahead of both the portfolio (142 per cent) and FTSE Aim All-Share index (45 per cent).

If you have a higher risk appetite, then the shares offer considerable upside potential in the event of positive news emerging from the Anchois appraisal well next month, albeit any disappointing news would have the reverse effect. Speculative buy.

[ant15] 05/11/2021 16:55

888ICB A very good post indeed. stevedd3 says under the radar. I have been invested here for a number of years and it has always been under the radar. I agree all bodes extremely well for the future here with short medium and long term gains. I would not want to be held a hostage to fortune, so no prediction on share price short term save that it continues to move in right direction and am confident it will continue to do so.

[888icb] 05/11/2021 16:27

I agree the renewables are in for free at present.When that side starts perform it can add some serious value.

[stevedd3] 05/11/2021 15:47

Don't think the renewable side has had any effect on the share price yet still under the radar IMO looking forward to the next few months

[jungmana] 05/11/2021 13:56

That's a good post there. I now have a sizeable holding here as am very confident of char delivering excellent returns on my money. Good luck to us

[888icb] 05/11/2021 13:29

CHARIOT looking to end the week on a high currently Up 5.9% at 8.20 on volume of 1.1 million. Let’s see if we get any news on the renewables side after Adonis’s visit to COP 26 with the Mauritian delegation.

[stevedd3] 05/11/2021 08:44

https://twitter.com/chariot_energy/status/1456530535220715527?s=21

[888icb] 05/11/2021 08:38

An interesting post from another bb:
Market realisation.05 Nov 2021 03:46
Have any other AIM listed company’s got a 10 GW , $ 15 billion Hydrogen play (the new global energy buzz concept) ) fully supported and endorsed by a sovereign state that is a reputably global best prime hydrogen production area and partnering news imminent which I suspect will be big names. ? .
Hold on here, have any AIM listers got NPV 10 of $500 mill gas project also fully supported by a sovereign state and with multiple reputable financing in place to commercialise, which will be fully proved within 8- 10 weeks and also has up to 3.5 TCF ( potential NPV 10 circa $ 1.5 billion ) upside scalability in low risk satellite reservoirs.
Oh , why we are here, why don’t we add on imminent award of a new mega licence surrounding the already discovered gas and low risk additional reservoirs that could potentially multiples more TCF of high quality gas. Any AIM listers got that imminent ?
Oh go on then, While we are at it , have any AIM listers got technical and financial backing with a super major for renewable energy supply to the entire African mining grid all gagging for cheaper and cleaner energy supply to run their operations.
Oh , and just for the dirty oilers among us , which Aimers can Chuck in 4-5 billion barrels drill ready oil prospectively in 3 countries , with nearology drilling happening within months which could significantly derisk the targets.
To end …According to timeline and management on top of all this, new projects inbound as well..

All The above is not a perfect dream wish list for a listed energy company in any bourse , it is a REALITY and the only one on AIM.
It is now time for the market to sit up , take stock and show the value. All of the above are happening with “Chariot Energy.”
www.chariotenergygroup.com