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Billy, I believe u got found out and kicked out of most other chariot sites but still hang on here, so granted you may not be keeling up to date with the general chat on numerous other chariot social media sites.. lots of chatter on multiple sites.
Thebold I am not trying to "pathetically bait or flame" anyone, I was merely asking how it could be possible that an individual could have access to such knowledge, if it was not them who was selling, their confidence in said statement was such that they felt the need to post it twice is quick succession 🤷♂️
There's no need to get all touchy and start with the personal insults.
Your pathetic attempts to bait and flame , well taken onboard , as usual.
There are numerous mentions of a large distressed seller on numerous social media platforms from numerous posters.
I believe = it is my view, …. You get it ? Or perhaps just to difficult for u.
'If the BoD's would issue a statement of assurance it would disprove my doubts'
Or you could just read the most recent RNS's and listen to the most recent investors call ¯\_(ツ)_/¯
Thebold says "Large distressed seller, should be cleared this week hopefully."
Surely the question has to be, how does he know?
Unless it is him who is selling of course, otherwise can it be anything other than -
A) Insider knowledge
B )💩
C) An attempt to lure in unsuspecting investors with fake news 🤷♂️
I can understand how you can surmise it's a large seller, but how can you be so specific and say they will be done this week, when they have been selling since December?
Large distressed seller, should be cleared this week hopefully.
I'm open to the possibility of a forward sold placing, or a large seller(s). I know there hasn't been a TR1, but I don't know how reliable that process is, and whether they are required at the point of crossing thresholds, or only once a seller is done? If it is a forward sold placing, then it would be usual to announce it before you commence your operational activities.
Hi Fernan, I did and thought it a good post, and appreciated. Potentially good figures.
If the BoD's would issue a statement of assurance it would disprove the markets (and my) doubts AND afirm your calculationgs. Not too difficult an action (imo) to implement with significant results.
I do not belive this an inappropriate request, considering the current status??
Whimax, your previous thoughts regarding the required % sell off, may not be totally unfounded but the figure (I belive ) equated to just under 3% (pre 3% add at last fund raise) of Covalis 6 % correct?
I firmly belive the BoDs should address the issue and a statement of fiscal assurance would go along way, it would of course not fully derisk the onshore drilling or the offshore drilling flow test concerns.
All IMHO, DYOR.
Rgds Sft
Surfit,
Chario
I believe the seller should be cleared this week , very likely outside of trading hours I suspect.
Hopefully we see this happen with also start of heavy newsflow.
Surfit:
See my post here on the subject, on 1 March 2024
Regards
Both you and the market are wrong Surfit.
Once the seller is clear, we move up, simple as that imo.
Hey GP, Historically it has bottomed out at the next share placing price point, some one had best ask AP (as he does not know what and why 🤷♂️ this is happening to the sp 🤔🤥) when and and what price the next round will be.
IMO markets (and I) do not belive that management have sufficient cash to get to production, thats IF they drill and find commercially vial quantitys?
Have mananagment ever stated they have sufficient to get to production...i belive they have not...."only to drill".
Ask the CHAR IR to confirm the company cash runway to full onshore production, see what they say?
If management issued a statement confirming that the company will not and has no need to conduct further share placings you would see an instant return to 12 to 14p imo, strange that no such statements (or definitely and RNS) have been forth comming????? 🤔
An RNS for a mandatory TR1 change (sell off) still not forth comming, that is strange to.
Unless it's it part of the 87% that are us private share holders????
Which means the 6% have not sold out if not they must have private access to the ear of AP, especially if they came in at the last 14p fund raise?
Rgds Sft
They've not done to well in the past though Ian so I am not sure if we should build our hopes on their targets, but then again a broken clock tells the right time twice a day🤷♂️
On a more positive note I am not sure if you noticed the media hype lately Ian about pineapples as part of a cooked breakfast 😲
https://www.telegraph.co.uk/news/2024/01/25/pineapple-part-of-an-english-breakfast-argue-campaigners/
Let's hope the analysts are right
https://markets.investorschronicle.co.uk/data/equities/tearsheet/forecasts?s=CHAR:LSE
Ian the dreamboat is nothing more than just a bit of bulsa wood.
I really don't want to knock some of the positivity here but come on!
The onsure drill holds a lot of the cards but it's the price we go into it there scares me. I'm going for low 6's then we really are in the hands of the gas gods!
GP you sound a bit cheesed off? That 50 foot speed boat you were buying that turned into a canoe now sounds like an Airfix model? I'm sticking anyway.
Evening Henry
Is it clown day?
Cool max
“can't see management screwing this up”
Playtowin
"It was 9.7p only a few weeks back after the Operational pdate and the Growthpoint Properties deal and nothing has changed"
Except a further 23% drop from that point.
There isn't sufficient volume for that Legalwolf. Things seem to be unduly skewed with only a few sells having more of an effect than lots of purchases. That I suspect will change with news and I took advantage of todays dip with a purchase and aim to add more as funds avail themselves.
It was 9.7p only a few weeks back after the Operational pdate and the Growthpoint Properties deal and nothing has changed.
I just hope it's not a precursor to a forward sold placing. Seen far too many of them in 2023 on AIM!!!
Ianfer, I totally agree I been saying the same, total manipulation to drive this price down, as much as they can, maybe close to 6p, but it's so oversold now, that any news could rocket, hold your hands on the buy button when this arrives. Either way, can't see management screwing this up with a negative news. Hold tight.
Today, down .33p but the trades are peanuts. From what we see on here less than net £20,000 sales.
When I suggested months ago there is manipulation by MMs I still think that. I think it was Whimax who disagreed - correct me if wrong. We have never been so close to some major news which hopefully will be good. Could it be that a lot of small investors (who have small holdings and are not up to date with developments?) are getting rid as they see the sp fall and allowing MMs to drop the price which encourages more to sell?
A bid for the whole Company could be coming. Needs to be minimum 30pence.