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Those huge trades stuck on at end of day amount to ¼ of the value of the whole Company. They don't know if they are buys or sells and the biggest trade of £420,000 is timed as 12.31 just after mid-day yesterday at 1.61p 11 seconds later there is a £25,000 trade at 2.17p - completely illogical ! Can anyone throw any light on these strange trades ?
Listen to Ed Croft at about 31 minutes (and all the rest of the 1 hour video) but at 31 minutes he states that Institutions give low coverage to small companies. It's a very informative video and worth an hour and 17 mins of anyone's time.
https://www.youtube.com/watch?v=DLR15dWGhos
I don't understand the technicals, only the numbers and the facts. Gas is proven/there must have been a data room with lots of interest/ there are valuable assets in these licences/ is there a prospective partner? - "well" there surely must be or we'd know by now after all this time. The only negative I still have is why some Directors have less than £100k invested in this? Anyone have a view?
I make it £15,000 net sales today. Some big sales and some big purchases. A 6% er would be £9million sales so we're fine.
Volume has shot up compared to last few days. I would prefer the sp to be nearer 20p before rns lands so we're starting part way up the ladder.
Snott - I'll try not to drink as much as Amy as it snott a good idea. (although some may say I'm getting closer!) and keep off drugs that Hendrix and Joplin took. You did some research on that!
My twin Daughters were born on 27th, 40yrs ago. That was a good day when I did drink a fair amount of Champers.
...Twenty-seven is the only positive whole number that is exactly three times the sum of its digits: 2 + 7 = 9 and 9 x 3 = 27. It's also a perfect cube, 33 = 3 x 3 x 3 = 27, and it's equal to the sum of the digits from two to seven, 2 + 3 + 4 + 5 + 6 + 7 = 27.
I haven't yet managed to sink all the colours at one visit to snooker table, but that would give 27. I am playing later this week.
Maybe Chariot will hit 27p this week?
Good thinking Norseman. Char maybe trying to include On-Shore in the deal and give away a smaller %. Whatever they are talking about, the On-Shore will surely be a plus for shareholders. Also a good size Partner may be able to act more quickly re On-Shore allowing Char more leeway with finances.
From someone's previous post a few days ago ...... regarding 2 outstanding Government approvals. There aren’t any outstanding because the EIA was the last one and gave the green light for Anchois. They are clear to conclude the deal with the partner and the financiers, those are the items we are waiting for.
Next week looks good?
I think it's Ham, Pineapple and Mushroom Pizza tonight so I'll start with a Jack Daniels Honey Whisky followed by some red stuff!
Could have been last week, but it wasn't. Next week is more likely than last week. In fact I bet you a quid it won't be last week!
The Wife needs a new car so next week fits in nice b4 Christmas.
Hi GP
I think Chariot is quite a bit different to JOG. Gas is more comfortable than oil/North Sea is a negative with windfall tax plus we have 1st 10 yrs tax free/1st oil expected 2026 which means probably 2027/JOG already let go of 50% and now another 30%/Chariot have other "pillars" - so has a lot more going for it.
JOG sp has increased about 25% since RNS and I would think Chariot have grounds to increase a lot more% due to above. 25% only takes it to 18p (last share issue) so 25p (ie more like 75% increase) sounds more realistic..... to begin with. All depends on the quality of the deal.
My current plan is to sell some at around 25p WHEN (not if!) it gets there, and run the rest.
ICB888 Thanks for your post last night 23.12 but do you know what these final 2 issues are which need sorting before the partner agreement can be ratified?
This is something I haven't seen mentioned on here. We constantly blame Char BOD for the delays but from what you are saying that may be unjustified.