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I wonder if you were right Whimax about a buyer keeping the price in check... time will tell, but assuming this is accurate it's a massive vote on confidenece.
I think a poster called 'Amanda...' posted a comment on here a few weeks ago in relation to Askar, so would be interested to hear their updated views - whether Askar has been moving funds, motive, etc
DYOR
E
So Askar in for another 18m shares from the Covalis sale a couple of weeks ago.
Shows huge confidence imo.
So it was triggered on the 10th April. The 7% day
Ok it's here :--
https://otp.tools.investis.com/clients/uk/chariot_ltd/rns/regulatory-story.aspx?cid=351&newsid=1813726
Schlemiel - where did you see that? AA had sold his 6% shares months ago ?
WTF
Askar Alshinbayev up to 7.17%
Thebold - the easiest thing to do when investing is to buy high then sell low. So next time you feel like buying, sell half your holding and if the sp goes up you are happy for the other half. If it goes down, buy the half back!
A bit like backing horses. If someone gives you a tip... lay it - you'll probably do better!
GP you continue to be up and down with this Char and no doubt will APs best pal when ( I won't dare say "IF" ! ) it comes good.
No saying when share climb to close valuation gap will accelerate- it has started though.....Double bottom in - today's move looks encouraging.
Ok bold apologies. Fair enough.
Just my opinion that only real value will be had closer to production IF we get there.
Need to remind people that we already found more gas then expected but could not sustain our rise.
I'd say most of us stayed fully in as we expected that 20's was only the beginning of the journey.
Despite "progressing" the project we have only seen the SP regress which is why I am not expecting any near term fireworks.
Is Da Vinci code on Netflix?
What’s your exit number ….
Gooner, Ffs, I asked you a genuine question, get a grip old timer..
I have an exit number , any one asks me I will gladly state it…
Your like that mad monk dude Silas from de Vinci code, I imagine you self flagellating yourself moaning, I repent , I cannot stop selling low and buying high in chariot,,, I hate it, I hate the board , I hate everything about it but I cannot stop myself…
Just imo Older
For the sake of my holding here I truly hope I am wrong.
Could you give us an example of an a stock that has sucessfully drilled and sustained an upward tractory all the way to production?
Eh? You've been here for many years, yet you think that drilling success will just keep the sp where it is now?
You really are a glutton for punishment. Or have a warped sense of investment risk and reward.
Thebold/wheepo/SHC
Stupid drunkard question.
How long have you known me on these boards without feeling the need to change my poster name?
I will tell it as it is because 8's is what it is
You have been pushing this company for over a decade without any compromise on your thoughts on how badly we have been performing.
Grow up you id@it.
Hi Gooner,
What is your exit number here ?
Whimax we can go on forever with a minority opinion of where we feel we should be but the reality is with the opinion of the majority.
We are where we are with next to zero market appetite
I think any success on incoming drills will keep us around these levels at best for the medium term
This is just the opinion of an AIM veteran as yourself whimax.
I agree about the PR Gooner. They could and should have sold the story better, but the problem with setting timelines, is that circumstances outwith the control of the company can negatively impact them, hence why they said “around the end of Q1” for onshore. They will have expected to have the rig by now, but have no control over SDX’s drill timeline and are at their mercy.
As far as Rig Mobilisation being “priced in”, that event may or may not positively impact the share price, but I’d go as far as to say that as things stand, pretty much Nothing at all is priced in here. Being “priced in” (or not) is not the same as the Market ignoring news, which is what has happened thus far imo.
With respect whimax that in your opinion the market are probably not even aware that Chariot even exists says a lot about the PP company's PR.
As you say the poor sentiment on AIM is not Chariot specific (which I have always said) but Chariot management do not exactly cover themselves in glory with missed timelines with next to zero updates.
They do the bare minimum in the best interests of shareholders or market sentiment and Rig mobilization will have no impact on the SP. It's already priced in IMO.
Ianfer.
The Market appears to not even be aware that Chariot exists, never mind the fact that they will commence a 2 well drill in the next week or 2. That, imo is why the rerate hasn’t already started.
As I’ve said several times on here already, this scenario ISN’T unique to Chariot.. The other day I asked for examples of AIM listed companies that anyone felt were being valued correctly by the market, and that had had success (of any description) reflected in the Share Price. Aside from 1 ‘tongue in cheek’ response, nobody came up with one. The market will wake up eventually, but AIM is so broken, it appears that Chariot are going to have actually make a video of gas coming out the ground, in order for them to be believed. When that happens tho, we won’t be able to buy at these prices.
People need to get away from the idea that this is specific to Chariot tho, it’s isn’t.
@ianfer - the brokers give the chance of success for each onshore drill at 35%. So surely the 'worst case scenario' is also the most likely scenario. And this scenario would also mean cash gets depleted, and Anchois becomes the only string to the Gas bow.
I guess my definition of worst case scenario and @whimax's differs quite a lot.
Whimax you make some interesting posts which are appreciated. But, if the "worst case scenario will see a significant rerate" then surely that rerate should already have happened? .... If every investor expected the worst and the worst happened , and you say that will give a rerate , well I can't see a better way to describe that apart from it being illogical. But I think I know what you mean - the sp is rather cheap whatever happens !
🥱
Hard to believe the heresay (which is all it was) about the seller being distressed.
A distressed seller wouldn't take 4.5 months to sell their position(s).
Just because some people repeat 'distressed seller' in every other post, doesn't make it true.