Chariot Share Discussion Threads

[gurunostradamus] 01/1/2022 22:44

By the way chestnuts - are you the original Andonis I use to exchange posts with many mooncycles ago?

[gurunostradamus] 01/1/2022 22:42

If things play out in accordance with the cosmic model, next week can see a sharp correction of the stock markets of around 10%. I had not taken account of your point about the fed are reducing tapering on Tuesday?

[chestnuts] 01/1/2022 22:24

Just wondering how many lurkers are reading this thread is it just a few

[chestnuts] 01/1/2022 20:13

Guru

I have amended my above post its a really good fib ratios

Just think of the fundies Tuesday the fed are reducing there tapering at a very fast rate, if you have made a fortune in the dow wouldnt you take some profits before the tapering ends and then to rub salt in the wounds they will increase interest rates,

[gurunostradamus] 01/1/2022 12:08

Happy new year Chestnuts - interesting as my cosmic analysis indicates a local low around December 2021 and a correction around January but I had not considered that as the top.

Your analysis does seem to support the cosmic influences model as the waves from now to 2024 2025 could be negatively impacted due to severity but on the other hand the corrections back to near the highs would also be significant. One possible scenario is that we have reached the Dow top of 36575 and over the next few years we are going to slowly meander towards 25000 and back to lower highs and lower lows and the severity of the fall will really commence after 2024/ 2025.

[stevedd3] 01/1/2022 11:07

Interesting https://twitter.com/me32063/status/1477226618905309186?s=28

[chestnuts] 01/1/2022 10:30

Happy new yr everyone

Just a cycle with a perfect fib in time

George Washington was voted in on the 30th April 1789

144.7515 yrs later they become the reserve currency if we divide this by 61.8 we get 234.225
234.225 + 1789.3285 = 2023.554

.236 of 234.225 = 55.275 , 1968 .25 this is the day the london gold pool ran out of gold
.1454 of 234.225 = 34.06 1989.47 this is when Tiananman sq happened the day China changed and its industrial revolution began.

If you notice the last part of the date 89.325 , from 1934.08 is 89.47

if we divided 1789.3285 by 2 we get 894.66

We know that dates effect Man ie Bretton woods 1944.5 445


bretton woods is .3372 divided by .8832 = .382


144 and 89, 34. are both fib numbers

.618 . 5 . 236 and .14545 are also fibonachi ratios

amazing.

[seball] 31/12/2021 08:50

Chariot has confirmed that the Stena Don drilling rig has now arrived on location in the Lixus concession, offshore Morocco, noted Peel Hunt.

It expects drilling operations on the Anchois 2 appraisal/exploration well to commence immediately.

This is to be followed by re-entry of the existing Anchois 1 discovery well; both wells are planned to be completed as future producers to be part of field development.

Peel Hunt added its published risked/unrisked valuation for Anchois stands at 23p/94p, indicating the potential prize on offer in the event of full commercial exploitation of Anchois’ PHe c.360Bcf 2C gas resource.

Buy with a target price of 15p is the broker’s view.

[hsfinch] 31/12/2021 07:28

Name one one deepwater gas field in Africa of a similar size to Lixus. There ain't any. Coz the economics don't stack up. Its that simple. Enjoy the ride to nowhere punters.

[stevedd3] 30/12/2021 23:16

From LSEOn page 12 of the latest corporate presentation in very small print at the bottom of the page is a reference to a news article on hydrogen economics.It can be found herehttps://www.rechargenews.com/energy-transition/giga-scale-green-hydrogen-developers-are-being-unrealistic-about-levelised-costs/2-1-1046646Now what's interesting is that the planned cost of another green hydrogen project in Mauritania is $2.22 per kg. The article states that the current cost in Mauritania is $3.20 per kg. The difference being the expected fall in the cost of electrolysers The key to lower hydrogen costs is a higher capacity utilisation when both wind and solar power are combined to generate hydrogen along with cheap renewable electricity.The offshore acreage secured by chariot has average wind speeds in excess of 10 meters per second which will make for very low costs, despite the higher cost of maintaining offshore wind. In addition chariots onshore acreage has a particularly high solar intensity, likely to be similar to Saudi Arabia. Chariot announced that it's target market was mobile mining equipment that has a breakeven hydrogen cost of $4 per kg based on a hydrogen council report.Chariot report they plan to produce 600,000 mt of hydrogen from this project. It could easily make$1.50 per kg on selling to the mining market in Africa. That's $900 million per year. Importantly the report confirms Mauritania has=the best economics in the world and I think chariots acreage is the best in MauritaniaNo wonder Ap put his own money into chariot.

[pally12] 30/12/2021 17:41

Let just hope they don't throw a spanner in the works as they normally do when price starts to rise

[seball] 30/12/2021 10:12

Peel Hunt added its published risked/unrisked valuation for Anchois stands at 23p/94p, indicating the potential prize on offer in the event of full commercial exploitation of Anchois’ PHe c.360Bcf 2C gas resource.

Buy with a target price of 15p is the broker’s view.

[888icb] 30/12/2021 09:35

One of 12 oil and gas companies to follow in 2022.

Chariot (AIM:CHAR), however, is an interesting example of the trend for small caps to seek to evolve into transitional energy companies, following the path beaten by many of the majors. The company is organised into two business streams, Chariot Transitional Gas, focused on a gas development project offshore Morocco, and Chariot Transitional Power, working to develop a portfolio of low carbon mining operations throughout Africa.

Lixus, the company’s Morocco licence, contains the Anchois gas discovery, which has an audited total remaining recoverable resource of more than 1Tcf, comprising 361Bcf 2C contingent resources and 690Bcf 2U prospective resources. Appraisal drilling aiming to identify and develop a future production well got underway earlier this month, with operations to drill the Anchois-2 gas appraisal and exploration well and re-enter the previously drilled Anchois-1 gas discovery expected to take up to 40 days.

Chariot has being building its Transitional Power stream through the acquisition of Africa Energy Management Platform, which explores solutions for reducing the carbon footprint of the continent’s mining industry in Africa, and an agreement with power producer Total Eren giving Chariot the right to invest up to 15pc project in Eren’s 500MW pipeline of African mining power projects. Chariot already has a 10pc share in the partners’ first project in operation, the hybrid solar plant at the Essakane gold mine in Burkina Faso, which generates solar energy through 130,000 photovoltaic panels.

Chariot has also signed an MoU with the Government of Mauritania to progress a potential green hydrogen development. Pre-feasibility and feasibility studies will examine a 14,400km2 onshore and offshore area with the intention of generating electricity from solar and wind resources that will then be used in electrolysis to split water to produce green hydrogen and oxygen.

Earlier this month the company secured funds for its current activities with a placing worth a gross $11m. Its most recent interims reported a cash balance as at 30 June 2021 of $18m.

With a share price currently at 7.3p, down from a high of 10.5p in March, but on an upward curve again, Chariot is pursuing in a range of initiatives that may be of particular interest to investors looking for opportunities to take a stake in the developing world’s energy transition.

[ant15] 30/12/2021 07:43

Jungmana take no notice of those posting trite. We all know that the future here is all but guaranteed the only question is just how high the share price will rise and for certain its well above we were are now.

[burtond1] 30/12/2021 06:51

Here @TMSreach we look at 12 Oil and Gas Companies with decent prospects that should be worth following over the next 12 months.Companies covered include:#BLOE #CHAR #ECHO #EDR  #IGAS #JOG #LBE #NTOG #PXEN #UJO #WTE #ZPHRhttps://total-market-solutions.com/2021/12/12-oil-and-gas-companies-to-follow-in-2022/

[jungmana] 30/12/2021 02:10

An appraisal well with 100% chance in the A&B sands worth 40p share price not to mention the other zone's if this is duster so will adv's bufallo Well. at least char will have the green hydrogen , other energy projects with Total and huge acreages in Namibia and Brazil to fall back on.

[purple11] 30/12/2021 01:35

CHAR soon to be in the 1p club when it dusts,which it will.....

[stevedd3] 30/12/2021 00:19

Ignore Brazilnut he's just being a damp Squid ;-))

[chestnuts] 29/12/2021 22:58

Guru

Today it is 89.473 yrs from the bottom in July 1932 and the bottom in October 1987 is .382 of 89.47 so yes today could be a top, and if you read my posts on gold 89.47 comes up alot.

The bottom in 1932 was 42.52 if we x this by 860.2 we get 36575

The top today was 36575

So yes we could have topped today

There is also a golden section pattern which shows a top of 37165 ish

Does this help

[brazilnut1] 29/12/2021 22:43

Just protecting green investors from you rampers thats all. This bb is infested with them, all full of their own expertise and predictions. Fair enough we will see.

[jungmana] 29/12/2021 21:59

BBC News - The African nation aiming to be a hydrogen superpowerhttps://www.bbc.co.uk/news/business-59722297

[gurunostradamus] 29/12/2021 21:33

What about the stock markets as the cosmic influences suggest a top sound 2024/2025. Have you done any Gann analysis of the SPX or Nasdaq for this current wave, Chestnuts?

[chestnuts] 29/12/2021 20:51

This is interesting and another way of working things out.

The USa was founded on 7th of Dec 1787

And as i stated above the stock market is Gann in time and price

1168 divided by 1788 = .6532

The top in 2011.681 to the top in 2020.6 = 8.919

8.919 divided by 6.532 = 1.365

11.681 sq this and you get 1.364

Now if we go one step further

8.919 x .1593 = 1,420 which comes to 3rd or 4th of Jan now this could be breaking out of the triangle its in or breaking above 2075

1364 divided by 1788 = .7628

The last wave from 2015.93 t0 2023.55 = 7.63 yrs

[globalwill] 29/12/2021 18:58

Yeah you're probably right. Don't see the point in wasting energy spouting negative sentiment. People should just accept they lost to the market and learn from their mistake and move on. Its happened to everyone. Best filtered.