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Kingbilly,
Actually, I am excited about chariots drilling in loukos as I believe it will rapidly lead to production cashflow and negate the equity dilution discount that the market applies to chariots valuation.
There is a reasonable chance that the deeper Navette reservoir is gas bearing also , that would be transformative, but its exploration risk. We will know soon enough.
Jimmy
Indeed, Jimmy's excitement seems to have dwindled with chariot as much as the share price🤷♂️
Jimmy - Predator ? Getting so excited you're in the wrong house!
Wrong company posting.
The mou 4 rns stated.
“ As previously announced the culmination of the Jurassic carbonate target lies 2.6 kilometres to the southeast of the MOU-4 well location and significantly higher than at the MOU-4 well location. Therefore a positive rigless testing result in this zone would help to de-risk the larger Jurassic structural closure in respect of reservoir development and migration of gas. These were two of the most significant pre-drill exploration risks.”
A flow test would validate the gas presence. If not present save the cost of drilling mou 5.
In addition, a flow test may establish either a gas water contact or a more unlikely gas condensate contact.
Jimmy
I guess i am very misunderstod
I would not be selling at 9p when I have already clearly said that imo It will all come good ...... one day!
Isn’t Beacon Energy where Larry “passenger” Bottomly ended up? Best of luck with that: you’ll need it.
OMG, the perennially depressed LTH is at it again, I see.
Beats me why he is still here, year after year, spouting the same downbeat claptrap.
Better to move on and make some money, if that's what he really believes, before his time endeth.
Just saying....
GP Most, if not all contributors on here, I imagine are Char shareholders. Some are optimists, some pessimists and some in between. Also some who seem to change with the wind. Anyone who thinks any reward is many years off probably shouldn't be here and should sell up. I've been here 5 years and probably like most others, had I thought the sp would be 9p today when I first invested, I wouldn't have bothered. Some appear to have been attached for 10 years which is unfortunate and even sad. 5 Years ago I bought at 4p, then 5p 7p 16p 19p (Apr 2022) - average now 11pence. I have quite a lot. 100s of ,000s .... all looking good still and I expected to be seeing 30p by Dec 2023. Lots of progress has been made since April 2022 so the sp has reflected that, rocketing to 9pence!
I can't complain to anyone as don't know if anyone is to blame, but we are sitting on value far greater than 9p and my glass is half full. I did send an email to A.P. demanding an update some months ago and we got one which did nothing to the sp! I keep pretending that my shares are equivalent to cash in the bank NOW worth 4 or 5 times what I paid.
I am sure they will be eventually, whether that is in 2 more years or sooner (especially if there is a T/O. )
This is a very useful platform for information and views, which, had they all been negative, I would have gone a long time ago. I don't want stupid ramping untruths but optimistic views I am sure are healthy.
When these shares get to about 25p I will be selling some and then make it up as I go along.
I'm sure we are now getting very close to something good! Things are coming together and the current sp is f - - - - - g ridiculous.
Ian, unfortunately there are one or two snowflakes here that cannot handle the truth with the journey to date.
I have predicted pretty accurately the pattern of play thus far but it doesn't mean that I do not believe we will be fine in the long run. Whatever happens!
I have said often enough it's about the long game and to try and warn people to not get too excited about near term triggers for a rerate.
A decent long term poster here called me ridiculous for believing that at best we would not be beyond 10p pre drill. I am disappointed that I was right.
Sadly we still have LTH'S here that talk a good game but have learnt nothing in terms of market behavior or are in denial.
We have the prize afterall, what could possibly ho wrong?
Morocco's where the Gas should be
so everybody says
We'll soon be under a money tree
In Months or even days
Malcy Malcy we hope you're right
With what you say today
Chariot shares will soon shine bright
and blow the pain away.
Even a broken clock is right twice a day so let's hope Malcy's eternal optimism on chariot is on cue.......for once 😉
You wouldn't want to be out over the weekend 🚀
🚂 will be departing ........shortly.........(hopefully) 😁
"Chariot are in a very strong position right now, the shares look particularly attractive with these two areas of Morocco coming good I am confident that patience is about to be rewarded."
Would be nice.
Slow and steady will do just fine. Then they start to run, then sprint..
Yes Thebold ... -
https://www.malcysblog.com/2024/05/oil-price-chariot-zephyr-eog-sdx-prospex-and-finally/
Very +/ve from Malcy today..
Ha ha….lol…..
Theo
I’m very happy with the Management at Beacon and over at Predator where after your negative bashing there for a few weeks you’ve decided to eventually leave to the celebrations of the rest of the posters. Apparently you were also caught out on Predators board for doing something but I had no interest in following the thread.
Are you positive about any company that you post on ?
Regards.
Think most on here would rather commit hari- kari than invest in anything old Lazza bottemless is CEO off… I assume you are aware of the connection? if not, suggest you do some browsing.
Topped up here this morning.
Starting to think I should have topped up at BCE instead.
Things starting to move there after a long hold and worth a look if your not already in.
News also very soon and potential for multiples of current price.
Regards.
Chart looks great. Askar is here for reason. News flow rich period for the whole year.
Kb, what a really weird thing to say, you are clearly obsessed with this so called telegram group ever since they apparently booted you out for being a complete trouble maker.
Beacon Energy will increase by multiples if they crack it and we wait an update in just a few weeks hence the SP doing nothing at the moment.
Hopefully be better than Beacon!
Ian there is a "report post" thingy at the bottom right hand corner of the message box and regarding the deleted messages I suspect the messages were reported by their respective owners following pressure from their idols/telegram group who as you know are not keen on the truth being spoken with regards to the current share price and where we are at given the drill bit is turning.
Just added again thanks to some profits over at HEX.
Like to think we will be perhaps over 15p prior to news.