Well said sir .Its nice to see you now what is going on . I wish lot moor on here did . So how is transport business doing are you sort of drivers . As I see there is lots of jobs about now. I have notice pay rates are going up a lot in last month to get drivers here in northwest .Its very temping to jump ship to a high pay job this is going though my head now . as I am a driver .
Who mentioned 0.0005 I said below a penny. As for Pegasus think its you that Maths is not your strong point. Ive been a partner in a large firm of chartered accountants for many years and I run a transport business. So I don't do too bad in number crunching thank you.. English on the other hand is not my strong point. Pegasus you have been telling every body constantly how under valued this stock is when calculating the cash in the bank. Even when it raised back to 29p you were telling wheep0 how under valued it was with all it's cash debt free and assets. Means FA. Market Confidence is what it needs. Six months back You said over your dead body would Chariot raise funds as there cash rich. Well what was the dilution all about? A new venture ! Not that cash rich hey. A 66% slide since April really rock bottom and can't go any lower Snott... I don't think so. And a few quid maybe you chuck in a few quid here and there. I have lost over £40,000 on this piece of ****e and need over 300% just for a recovery so no I wont just FO thank you.
The oil industry has a longer term view than the immediate market speculators view.
Read the October report published on the OPEC site last Friday. Chariot is all about getting the farm-outs and drilling - they can pump it later .. As for Saudi - they need to play nice with the USA who need $80 a barrel to be worth pumping for 40% of shale operations. There is also the need for security which Saudi will have at the back of their mind...the Saudi's mess with USA shake at their perrill. Expect a room with tough talking happening as we speak ..
Ebola may hamper the entire market, but not Chariot specifically. Chariot's acreage in Mauritania and Morocco are the closest to being drilled and Mauritania is about 600 miles north of Sierra Leone and I'm not sure how you imagine ebola will affect offshore drilling. Namibia is about the same distance from Sierra Leone as France and Brazil the same distance as Spain so, unless you are imagining a global epidemic, the ebola outbreak is less relevant to Chariot operationally than Malaria, which is irrelevant.
Chariot are broadly a London office-based exploration company which uses its geological expertise and seismic surveys to divine where oil is. Ebola is unlikely to have any impact on their work, but it might give the numpties at the stock exchange an excuse to play with the SP. However, I don't think it will have anything like the effect a farm-out or oil strike would have on the share price.
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