Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I see that the significant shareholders section has been updated on the website. No major changes since Dec23, only AA's holding:
https://chariotenergygroup.com/investor-centre/aim-rule-26/
Surfit,
I agree with you that the market is valuing chariot as highly speculative, although the facts are otherwise.
Drilling up dip from proven gas reservoirs with 3D seismic and seismic direct hydrocarbon indicators is very low risk, about 10-15%.
I also expect that anchois production volumes, validated by flow testing will justify an increase in anchois field gross production to 200 mmcf per day, now that generates huge production cashflow to chariot, with capex financed by energean.
A lot to look forward to as the market values near term cashflow.
Jimmy
Lol, I see your posts remain as transparent as ever Surfit. “Still Invested”, yet still casting doubt and negativity.
For FULL transparency, would you care to tell us what share it is you are waiting/hoping for a return on before transferring profits back to Chariot? Just so we know exactly where you stand?
Let us all look forward to the de-risking of the company....with VERY limited cash runway:
ITS Nothing to do with "mm's" apart form changing the share price through spread range.
Onshore to keep us afloat
Successful drill required
Successful / commercial quantity AND flow rates
Conformation of onshore (still no conformation of offshore) gas contract rate
Conformation of (not guessing) on shore finance (no mention from BoD's)
Feed/fid/ sanction for onshore
Timescale to (if all above successful / market precieved the above results as positive) income generation vs remaining cash vs time
THE marketcontonues to see Chariot CURRENTLY remaining highly speculative.
Yes it looks POTENTIALLY good...but what does a real broker/institutional investor have to take to his manager to justify an investment other than it "looks good" see private investors posts...but yes boss the company still has had no income in 11/12yrs...but as we have never invested in OnG before their geo team say its all good...well apart from the bankrupting Nambia (every one else (Shell/ Total struck oil but not the Char geo team) exploration.🤔😂
The rerate will follow the derisking.
GLA
Rgds Sft
Ianfer, not long. DW said drills ‘in the coming weeks’ for Gaufrette and Dartois. They will have to RNS what they strike as soon as they know. Jimmy estimated 2-3 weeks for the first proven 10 BCF target. Upside targets I would imagine will be reported in quick succession thereafter.
Bubble, absolutely have never said and would never try to imply that. I asked you a simple question on how long,that is all. I will leave it at that......
Smyth,
Sorry, I didn't realise this was a "How big is yours" type of forum and only for elite long termers !!
Actually I HAVE been invested/punted Chariot a number of times over the years, as for current, well, as said previously, I started a slow accumulation back end of last year for these events over the next 12 months, do I "qualify" to post ?? just checking, as I would hate to stand on any "fragile little toes out there ??
If you have been in this for 15 years and NEVER taken profits on past highs then hey, that's your problem not mine !! if you are simply here for the end game then what are you concerned about right now, surely your 30p, 50p £1 price will come eventually, switch off and wait it out if that's what floats yer boat !! WITH respect that is !!!
@Bubble,with all due respect 15+ years in this I have more than enough reasons to be a little peeved! Not to mention how much I have invented in this company. We seem to wait on the NEXT rns,we get that and the goals seem to move somewhat away. We have had many,many of the catalyst RNS that many,many people though but look where we are. We should be atleast 40+ by now,its got absolutely nothing to do with intra day changes etc,look where it was 5 months ago til now! Out of curiosity, how long have you held here? I absolutely dont doubt this will come good but ffs I am sure there are MORE people on here have similar feelings with like myself a hellava lot of money invested. Anyways,thanks for your reply a will chillax once we double them digits👍
@Surety,I have said from day 1 when it all kicked off back in December that it was defo 1 of the 6%! It might possibly be the other 1 also. It was quite sometime before they showed their hand in releasing this news,for whatever reason it took so long this indeed could be the other seller. Its very frustrating and IMO had thought we would easily be double digits by now,for some unknown reason there is still this seller lurking. They 100% know more than us mere investors.
@Bubble,
Smyth
I think the "majority" of us are more interested in the longer term outlook, NOT some micro twist & turns on an intraday play !!
Sure, "most" of us would be happier if we were at least double digit by now, but Pi don't really control the small cap the market anymore, MM's will work it whatever way suits, and that could just as easily move significantly higher just as quickly when "they" want it too.
chillax, wait for news flow and hopefully things will develop nicely !!
@smyth111/All - you have to ask who the seller is.. Covalis must be out by now... It's bizarre.. and what are Askars intentions... ?!?
When are we due results from Loukos?
Well if its scores were going by then Seller defo is top pf the charts!! Someone doesnt like a Friday,thats some sizeable chunks getting sold at just after 9am. Ffs what happened to all the back slapping riding into double digits chat on run up to drilling 🤔🤔....Nevermind,we got told what 3/4 weeks ago some clown saying that seller was out...Would love to know the chat on there last few weeks 🤭🤭🤭 On a positive, sun is shining unfortunately not on here.......
Only one Snott, I am not made of money!
Austin Ambassador ... now that is vintage!
Only one Goon? Does one not keep several dotted around the globe for the change of scenery and seasons?
Does the Austin Ambassdor no longer live in the garage (warehouse)?
Ah thanks for that Snott but I have one of those already......
I won't have enough room in my garage for another one what what my Lamborghini, Bentley and Maserati amongst other toys taking up the space.
Snott ......good find and a Very impressive tub to drop a hook from. That Adrian will be a happy chappy and best of luck to him with his £1.6m retirement toy.
Goon, whilst we wait for news of the Loukos drills, cop a skeg at this:
https://www.youtube.com/watch?v=WPkb-bXrChw
Mmm num ba de
Dum bum ba be
Doo buh dum ba beh beh
Pressure, pushing down on me, Pressing down on you ..... Under Pressure.
-----------------
For me, this continued, unrelenting pressure on our SP since our agreement signed with Energean back in Dec 23, restricting any attempt to breakout means only one thing, we have a big fish interested in our little worm on the line. When will it strike is then question ?
aimo & dyor
Hi suresh.
Predator put out detailed economics for its cng project in morroco,and based on that capex for 20 mmcf per day for cng is $33 million, payback in less than 6 months.
My understanding is that chariots partner vivo for retail sales in Morocco will likely put up the funds and be repaid from production cashflow.
Jimmy
Hi
how much money required to develop onshore? will the money required increase if we find big gas like 100 bcf or 300 bcf
Exactly ! zzzzzzz
Not as bored as we are of hearing it!!
It's on this site????:
Vol Sold 2,869,515
Vol Bought 1,734,672
All that matters is the markets thought's on RISK!
Very bored of detailing it.
Anyone got the how many buys and how many sells for today? Looks to be a lot of transactional activity..
DYOR