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Resources analyst Charlie Long sees good times ahead for uranium Watch here

Resources analyst Charlie Long sees good times ahead for uranium


Chariot Oil Share Chat (CHAR)



Share Price: 14.00Bid: 14.00Ask: 14.75Change: 0.00 (0.00%)No Movement on Chariot Oil
Spread: 0.75Spread as %: 5.36%Open: 13.75High: 14.00Low: 13.75Yesterday’s Close: 14.00


Share Discussion for Chariot Oil


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Bham786
Posts: 1,063
Off Topic
Opinion:No Opinion
Price:13.875
RE: The rise yesterday
13 May '17
I did say most likely it'll revisit 12p good a few weeks back too.. so I need to give myself A pat on the back 😬
Lets see how things go from here and if no news before AGM then I can see people getting restless again.
 
Noirgold
Posts: 128
Off Topic
Opinion:No Opinion
Price:13.875
RE: The rise yesterday
13 May '17
You are the man, BDC! Seriously though, good luck to you! If you make a living from trading then why not? Each to their own! I'm focused on the assets CHAR has. Though not yet fully monetised, at these levels (to me) it looks cheap. I'm happy to wait for Q1 18 (whatever drops between now and then is a lovely bonus). #chilled #buyandhold
BouncyDeadCat
Posts: 3,716
Off Topic
Opinion:No Opinion
Price:13.875
The rise yesterday
13 May '17
was a technical bounce - and bounce it did!

12.25p was tested all morning and then the buying started around lunchtime and carried on for the rest of the day.

and what did bouncy say earlier in the week when the Share Price was trading at 13.5p-13.75p…?

“It all depends on what happens at 12p or rather 12.25p.
If it bounces off, then it would indicate 12p as a new support. If it dips below 12p, well then we're back into the old trading range again. It will need a revisit to confirm though.”

“If it tests and bounces convincingly off 12p (50% Uptrent Retracement) then it's a confirmed buy. If it tests and fails, then it isn't and there's further for it to fall with a chance of it ending up in single digits.”

I was very specific with the 12.25p (to the decimal point!) being the support and this is exactly the point at which it bounced. It’s usually quite hard to get the exact number, but the short-term chart gave an 80% chance that 12.25 would be the point (it’s never usually higher than 68% and there’s usually a 0.5p-0.75p variance).

As nobody was going to mention that I called it right - thought I would do it myself :)
Maverick7
Posts: 301
Observation
Opinion:Strong Buy
Price:13.875
RE: Mauritania
13 May '17
Even though we relinquished Mauritania, we still have valuable seismic and other data, how long would it take a company to gather that data and interpret it.

Better to give the licence back to Chariot, save years of data acquisition for a major and start drilling get asap. With industry interest starting again I'm sure the government of Mauritania would give us the licence back or if it goes to someone else we can sell them the data we have???
Maverick7
Posts: 301
Observation
Opinion:Strong Buy
Price:13.875
RE: ENI Maroc BV
13 May '17
Can't see any news on Monday, this rise seems to be due to Total getting into Mauritania
Mani01
Posts: 673
Off Topic
Opinion:No Opinion
Price:13.875
RE: ENI Maroc BV
13 May '17
And no news for week?
CityTTrader
Posts: 148
Off Topic
Opinion:No Opinion
Price:13.875
RE: ENI Maroc BV
13 May '17
If we have news on Monday you might just manage to get them below 20p.
Mani01
Posts: 673
Off Topic
Opinion:No Opinion
Price:13.875
RE: ENI Maroc BV
13 May '17
Oh well try again on Monday. Maybe not at 11 though
Maverick7
Posts: 301
Answer
Opinion:Strong Buy
Price:13.875
RE: ENI Maroc BV
12 May '17
Lol Mani01, 😂😂🤑🤑🤑🤑🤑🤑
I'll wait for 11p then to top up,
growler1664
Posts: 1,983
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:13.875
So feck
12 May '17
Knows why when what happened over the last few weeks!!!could be a multitude of reasons but my guess is it's probably just AIM. It's what AIM does and it's what chariot does - no dramas. As I've said don't really care what the SP does at these levels. Added a few this morning so very happy to see charfriday kick in. Just been explaining shares to my 12 year old (which you can write on a back of a postage stamp)

Bring on the rig news




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