Register
Login:
Share:
Email Facebook Twitter




Chariot Oil Share Chat (CHAR)



Share Price: 6.30Bid: 5.81Ask: 6.29Change: 0.25 (+4.13%)Riser - Chariot Oil
Spread: 0.48Spread as %: 8.26%Open: 6.30High: 6.30Low: 6.30Yesterday’s Close: 6.05


Share Discussion for Chariot Oil


Thread View

Please login or register to post a message on Share Chat.

Posts per page:


oneryan1
Posts: 49
Off Topic
Opinion:No Opinion
Price:5.10
RE: Not like chariot
24 Jun '16
Perfect day to release a positive RNS..
 
growler1664
Posts: 1,690
Off Topic
Opinion:No Opinion
Price:5.10
Not like chariot
24 Jun '16
To miss out on the drop
Goonerpete
Posts: 1,082
Off Topic
Opinion:No Opinion
Price:6.225
RE: RE: Wake Me up
23 Jun '16
The dream of Chariot of even being in double figures died with the failure of farming out C19 so you can forget 23p.
marclem
Posts: 94
Off Topic
Opinion:No Opinion
Price:6.225
RE: Wake Me up
23 Jun '16
it´ll be long sleep.
js88
Posts: 40
Off Topic
Opinion:No Opinion
Price:6.40
Wake Me Up
23 Jun '16
Wake me up when we're at 23p
Isengard7
Posts: 2,866
Off Topic
Opinion:No Opinion
Price:6.45
good day
22 Jun '16
not sure why. other than it bouncing off support. oil fallen below $50.
growler1664
Posts: 1,690
Off Topic
Opinion:No Opinion
Price:5.70
RE: Is Larry a Bull Sh**ter
22 Jun '16
Yep 10 percent does seem rather pathetic. Would have looked better alongside c19.....but on its own looks miserable
preciousmaj
Posts: 267
Off Topic
Opinion:No Opinion
Price:5.70
RE: Is Larry a Bull Sh**ter
22 Jun '16
growler1664, I agree with you that relinquishing Mauritania and the award of the Mohammedia exploration permits cannot have happened with a day or two of each other. They have chosen to release both news together, which I think was another bad decision. However, I suspect the market will never like the company being awarded new acreage as it means that it will result in more spending. The company has been trading at year end cash levels for a long time now and any adjustment to cash is followed by a retrace in the SP.

I would have to disagree with you on this comment:
''Most of what Chariot has done seems to disappoint. (except for the odd farm out)....''

The only meaningful farm out has been to ENI but we have only been left with 10% of 768mmbbls - the best case scenario if we are successful with this drill is a SP of around 50p based on current oil price. We have follow on potential on Mohammedia but will the market assign any value to this until we drill?

The other recent farm outs have only recovered costs, nothing more - we sat on Mauritania for years and the BODs got paid, the seismic companies got paid, the brokers got paid but no money was rewarded to shareholders and the prospective acreage has been handed to someone else.

There was talk on III the other week about the Namibian central blocks having the possibility of containing 1.5bn barrels of oil that could be worth around £4 per share to us even after farming out but we were forced a couple of years back to relinquish the block and acquire again losing 25% of it in the process. The BODs managed to co ck up on Mauritania so what is stopping them from making the same mistake in Namibia? Are lessons being learned or are they still blaming market conditions for their failures?
growler1664
Posts: 1,690
Off Topic
Opinion:No Opinion
Price:5.70
RE: Is Larry a Bull Sh**ter
22 Jun '16
PM, your view on the double RNS release?
preciousmaj
Posts: 267
Off Topic
Opinion:No Opinion
Price:5.70
RE: Is Larry a Bull Sh**ter
22 Jun '16
If they say that they will work on PR and communications and they don't then they are probably Bull Sh**ting, just look at my posts on III and make your own minds up.




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.