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Yes, and on good volume also 😀

Thanks marland. Seems like Namibia is warming up nicely. ECO +16% today

According to Ripley (yesterday's post at 13.33) the Cavendish TP is 7.2p but I don't know any more than that.

Https://www.linkedin.com/posts/namibia-mining-oilandgas-share-7449381764151721984-2vBO?utm_source=social_share_send&utm_medium=android_app&rcm=ACoAAADGy3kBRg7qJIQhUq2cKlL9v9QoU1fSUvU&utm_campaign=copy_link

The GCC looking at a pipeline option makes a lot of sense....

https://www.linkedin.com/posts/javier-blas-363b9512_hormuz-iran-oil-activity-7448401007224446976-Nsom?utm_source=social_share_send&utm_medium=android_app&rcm=ACoAAADGy3kBRg7qJIQhUq2cKlL9v9QoU1fSUvU&utm_campaign=copy_link

Agreed GP. I am also a little curious (I don't think it was mentioned in the presentation) about the identity of our new shareholders (up to 46%). I know AP and his family interests are part of it but we've seen nothing in terms of TR1s to confirm the identities of these individuals/family trusts, whatever they happen to be.

Good to see the shares recovering and zero in terms of hype in the last 2 weeks since the Oak Bloke sold out. That's probably a sign that we've seen the bottom but we'll need some positive news to keep this momentum in my view. I like the OB and subscribe to his service but I don't think timing is his forte...

Whimax, the problem that Chariot has is a lack of credibility. Most of us have been through multiple placings and many 'transformational deals' along with eye watering dilutions so I think most people are keen to see the revenue coming through the door before getting overly excited. Fingers crossed that this deal actually delivers on their promises.

Thanks Surfit. Yes, I suspected that might be the case. From the presentation it seems clear that Morocco is being downgraded and all efforts are being directed towards Angola (and selling the Etana stake). AP was pretty bullish on the prospects as you would expect but I wasn't convinced by Duncan or Julian's performances. Not particularly inspiring in my view. If the shares have their expected relating it will be a chance to get some money back. That's the way I am thinking!

Does anyone have a list of questions that that they have submitted in advance for the presentation? It will be interesting to see which ones get answered and which get swerved by the presenters. It will also be interesting to see how the 'Chariot message' has changed since the AGM. I will be monitoring it like a hawk!

Thank you mol for the update. First reaction from me would be that we have a decent institutional shareholder base but that the directors' holdings are pretty underwhelming. I would certainly feel more comfortable if they had more 'skin in the game'

Surfit, Henry Hub prices are significantly lower than Dutch TTF prices reflecting abundant US supply. The spread has narrowed in recent years due to the extent of LNG now being imported into Europe from US and elsewhere but do not fear, Chariot will not be expected to receive HH prices for any Anchois/Loukos gas finds

Can we have a moment to speculate on what the potential outcome would be if oil prices were to go bananas and reach $300 per barrel? Would anyone like to have a guess as to what price HBR would be? £10, £15? Keen to hear people's thoughts...

Totally agree Surfit. As far as I am concerned we have been duped at least 5 times in recent years into believing that the BoD knows what they are doing and handing over cash to keep them afloat.

What revenue have they produced in 18years? It's an appalling record by any standards. But here we still are, most of us nursing losses of 80-90% I suspect desperately hoping they can finally get something right. It's certainly not a strategy I would recommend to any sensible investor and it has certainly been my worst investment so far. And yet we live in a world where energy security is more important than ever so we live in hope.

Thank you Obscure. There was I thinking that one of the BoD had finally put their hands in their pockets and bought some shares (admittedly below the Open Offer price) but no, it was merely Mr Hockey establishing his traditional annual tax loss before tax year end! Not the vote of confidence I was hoping for...

New RNS - Mr Hockey has finally worked out that the shares are ridiculously cheap! £9k at 1.275p

Seconded Drumnatiny! All good posters and sensible/informative points made. Long may it continue. ECO is now my largest position.

New all time low and 20% below the Open Offer price. Come on Chariot, very disappointing!

On another disappointing note we seem to be getting close to the All Time Low of 1.175p.

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Keith Hill, Africa Oil Corporation | Speaker | Energy Council https://share.google/B6A6XLcwY7xmhSoa4