We have won deals - the farmouts in Mauritania and Morocco for example put us at zero cost. We ditched the Brazil farmout when azilat wanted to renegotiate. We are at near zero on Namibia as well which is now starting to sprout once more. Larry and co will be working to win a deal for sure for tier 2. The market is strange - valuing sh** shares like Bahama Petroleum Company etc with a market cap just like ours based on diddly squat. One farmout and away we go.
My investment amount has fallen to a level that doesn't warrant the stress it's caused So don't give a rats arse anymore :)) Just sticking around to see what if anything ever goes right for chariot :) just planning an exit strategy based on what I'll be comftable loosing; 4 figures would be a start better than my current 5 😀 you get sick of the constant banter of peeps calling the bottom and top up times and they want your golden tickets I feel more like a friggin pianist on the titanic
Beginning to drop here (I for one was never particularly positive at this current time), Chariot continue to fail to deliver on a farm out even after latest nearby results. Not long left for our illustrious leader me thinks
It's on iii. I asked Chariot several questions and responded to Jimmy and took Jimmy's responses back to them. As we know, Chariot are not the best at advertising their wares to the market, although they will be sure to be make data room attendees aware. Seismic and AVO anomalies have worked across Senegal and Mauritania. We have Cairn helping us on Mauritania read through from Senegal (because we are Mauritania partners and they found the largest oil discovery in similar geo in Senegal) , and Kosmos stating that seismic to well calibration is working very well as can be seen by elephant discoveries all round. We have both indicators and we have the more oily Northern Mauritania acreage.... Farm out will be much easier because of all these factors .. When you throw in the green shoots in Namibia and the three Morocco licenses etc then it starts to increase the chances of a farmout sooner rather than later
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