The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Hopefully we can have a senseless engineered rise next week that could give some of us here an opportunity to derisk. (Good news atm is bad news in the interests of Pi's.)
Without being too ambitious I would be over the moon to see 10.5p.
And down 13% in 5 days.
What a scam market the UK has become.
Another week of good news and still the share price is down.At some point this is due a massive correction
I know who you on Telegram !
U keep Wafflin about Hydrogen in TG but AP is ditchin shares? This is true?
Why Invest In UK O&G, When you Can Invest in Morocco :
"The fiscal terms in Morocco are restricted to a 5% State royalty for onshore gas, 3.5% offshore (see notes below), applicable after the first 10.6 BCF of net production to the operator, and corporation tax charged at 31%. However, there is a 10-year “holiday” before corporation tax will be charged and any unused tax losses can be offset against the tax due. There are no signature bonuses but production bonuses in the form of cash payments exist with a maximum one-off payment of US$5,000,000 on production greater than 30,000 BOE/day. A discovery bonus of US$1,000,000 is also payable..."
Notes applicable to Gas :
No royalties for the first 300,000 tonnes of production from concessions located onshore or offshore at less than 200 metres depth.
5% royalties on production in excess of 300,000 tonnes from concessions located onshore or offshore at less than 200 metres depth.
No royalties for the first 500,000 tonnes of production from concessions located offshore at more than 200 metres depth.
3.5% royalties on production in excess of 500,000 tonnes from concessions located offshore at more than 200 metres depth.
Of course ONHYM already have 25% !
I believe these figure are accurate, if not, please feel free to correct them.
https://hydrocarbons.onhym.com/en/incentives
aimo & dyor
When you consider that if Onshore alone (existing discoveries =10mmcf) reaches 20-25mmcf after the next 2 drills (COS 60-85%) it will generate $48m net to Chariot per annum, and take cash in the bank and payments due, then look at the MCap, you start to realise how stupid the current share price is. Virtual nothing is priced in here.
Can’t last imo.
There are signs of life on AIM with a number of shares perking up especially in the junior sector. Im still confident that Char will do very well this year(if it carries through on its plans) and will also add at these levels.
Agreed Gooner, but even on AIM value can’t and won’t be ignored forever
Hope so whimax and good luck. I did add some the other week as I felt we had just turned the corner.
This is not Chariot specific it's AIM and it is a very difficult place to win these days.
At some point, Gooner, everything that Chariot are doing will become so obvious, that even a blind man running for bus won’t be able to miss it.
A combination of poor PR by the Company (which I hope is now improving) and basic ignorance of the story by potential and existing investors has got us to where we currently are. It currently seems that only a photograph of the pipeline with gas flowing through it, or a ship containing Green Hydrogen docking in Rotterdam, is going to be what it takes to convince people this is all real.
In the meantime I’ll continue to wait and add until others wake up.
"Just another catalyst that the market is missing/ignoring here imo."
Exactly whimax that's my point .... How can us shareholders ever reap any benefits.
Yes, Nour is a private enterprise (no tendering) with TE/CHAR targeting production of 1.2MT of Green Hydrogen by 2030. The video I posted last night explains (well worth 5 minutes of your time) that Team Europe will make available, €300b of grants (if you meet the criteria, you’ll get the grant) to ensure that the 20Mt of GH they need “By 2030” in Europe is provided.
TE and CHAR are right in thick of this in Mauritania so its becoming easier to see why AP is pretty excited about this pillar of the business, and why it could easily be worth $1b in the next 5-6 years. For that to happen, this will be starting to ramp up now.
Just another catalyst that the market is missing/ignoring here imo.
Hi Wizzard,
No winning to do with Nour, it is already our project along with Total Energies , currrently 50% equity each held on Nour.
With a project this size and so important to the EU and to the country I would be very surprised if we are the only one that are looking at green hydrogen projects in the country!
So difficult to put any value on the project untill the tender has gone out and we have won the project!
10p to go. Hole lotta love!
IAWT - Cya
Thebold. We are targeting much closer tangible assets than project nour that should be attracting much more positive attention and investment so you can put stick that one in the loft for now.
Project Nour project being run out in front of govt this quarter.
Lots of news incoming on this..
Yep Thebold. Spot on.
The whole AIM market are full of snakes, disingenuous posters, analysts, etc etc
Whimax's latest post/link demonstrates value once again but we really are p@ssing in the wind when we see big players dumping annihilating sentiment.
There is no promise of tomorrow and today's SP is the true reflection of how much we are valued with people/institutions that matter.
Praise the Lord for that.
Thompson and his posse of short term traders have been the blight of chariot the last year .
Absolutely zero negatives in that news !
Https://x.com/chariot_energy/status/1755664719753441489?s=46&t=CfuFJqRZzpmW0bqPoYobnQ
Chariot is proud to be playing a role in Mauritania’s burgeoning green hydrogen industry, through its development of Project Nour, alongside Total Energies, one of the largest green hydrogen projects in Africa.
Money hoarder. It makes no difference.
Chariot isn't on Simon Thompson's 2024 Bargain Shares :(
Hey Bill B you aint bought enuff dude as the price still drop drop😖