Member Info for ianfer

Graham. Yes I have held for about 2 years. Taken up the last 2 rights. If I had nil now I would be a buyer but now have enough. Lucky to get in at about 5p and now average 9p. I am not selling any until they reach about 30p. I may then sell enough to get my costs back but that depends on news so may hold longer. I cannot believe they will not reach 30 as the value of the asset is so good. AP has too much experience in this area to fluff it and even a bad deal with a partner must surely value us at 30p +. A good deal and some more patience should prove the 3 brokers right at 50 to 65 pence a share. Chariot appear to be well in with the Authorities who desperately need gas to help their economy. They need it now, not in 5 years.

Exciting stuff.

GP I agree the BOD are not seen as favourites at present for 2 reasons. 1)they have not delivered what we expected 2)The sp is pretty awful. Those 2 things tend to have made certain shareholders anxious and maybe depressed? but things don't always happen as quickly as hoped. sp was looking ugly first thing Friday but then that reversed and we ended up up. Let's hope the long term over-reaction was just that. I believe it was. I still reckon the downward move on the sp over the last few months was manipulated by MMs in cartel with the 2 x 6%ers or the BOD and now they know they cannot force it any lower. So now it could be onwards and upwards. imo

This continues to look manipulative to me. No decent buys but shares hit 11.42 early on and now nearly a penny and half above that. Lets hope we only go up from now!

GLA

Goon don't bother getting up before 7 tomorrow it'll do you no good. I'm delivering some Tory leaflets then going for a game of snooker. Maybe if you have a lie-in it'll change our luck.

We have a share of some very valuable gas which one day "soon" will pay us back!

Yes ADVN is not clear. It shows 3 x sells of 500,000 but it looks like 2 were sells and one was a buy or a cancel all at 14.44hrs. Because if you look at the cumulative buys/sells the buys went up then down by exactly 50,000 then back up again and the sells went down by over a million. The net effect looked like one sell of 500,000. - book-keeping not very good.

Whimax we already in H2 2023. So that would mean imminent I guess!

£150,000 sales today about 7 buys 34 sells. One tenth of a percent of Company changed hands so far. 60 more of those to match another 6percenter. I suspect mainly or all small investors selling. While that continues sp drifts and while it drifts more will sell. Emotions.

My wife knows nothing but says they are squeezing the PIs and are happy to do that while drifting continues. The BOD are in on it.

Does anyone know current split of shareholders? .....I suspect we are no longer 75% holders. Could be getting close to 50?

The surprise to me is AP is only director with a decent holding.

I hoped there were none of these on this board :--

https://www.investopedia.com/terms/s/stockbasher.asp

.... but reading some of the comments and trying to understand the sp I begin to wonder ??

Time will show us

Whimax, makes sense.

WWP - Please can you clarify your post?

Following dilution etc if everythimg is rosy then are you saying value of Co. is around 14p per share?

.... based on 25% of Anchois already not ours and then whatever we give away in the deal?

What doesn't make sense though?

Then you are suggesting that the remaining prospective partners (2 or 3?) are no longer interested so we are now going on-shore to earn some cash???

Kb I don't think n1 was implying we have to rely on tragic events to help Char. He was suggesting that there may be more urgency to get Char moving with their gas projects in order to assist the finance required to rebuild and help Morocco following the terrible earthquake. It was a sensible observation imo. I don't think the sp will go a lot lower especially as at the AGM A.P. has said they are trying hard to get a deal over the line and he sounded positive.

Taken 7 years to get from £14 to £2 a share so not exactly progressing. If the products are that good why does it take so long to get a decent turnover? Have they got a salesman? £8m turnover expected this year is a long way from the £100m they forecast for near future. John sounds like an old fashioned Chemist and probably very intelligent but do they need someone dynamic to put a rocket behind them?

Yes, and actions speak louder than words so give them some credit for that.

Incidentally one of APs other Companies -RBW - have just announced a sale deal for rare metals which will be a distraction for him.

I hope all on here will be giving support to help those whose lives have been shattered by Friday's terrible earthquake. They need donations no matter how small.

Interesting or not? I saw something good about RBW but forgot what it was! I later googled to find although I (we) think A.P. is fully focused on Char and little else, then find he has £more invested in RBW than in Char. - around £13m. On 13/5/23 he and other directors bought a pile plus Techmet Ltd (private Co) bought enough to take their holding to £10m - all bought for 10p each. Now worth 16p! Whole Co. Cap = £97m. These guys will do what they can to make £££££s

Watch the sp tomorrow.

I can see 2 reasons for a drop and one for neutral. 1) If the Earthquake affects Anchois progress 2) an excuse for those in the know to allow mates to buy more cheapo.

After the tsunami in New Zealand tradesmen were at a premium esp bricklayers. There will be an urgency for more power in Morocco asap but for Char to go up we need a deal!

I saw 9/11 on the telly just after it happened and thought I should sell everything but didn't. The market hardly moved for the first hour or so but realised after that investors must have been in shock as it dropped quite a lot later that day.

I'm doing nothing on this except probably send a donation for relief. Then wait hoping Char BOD know what they are doing.

I fancied a trip to Fairhaven Lake - St. Annes today for interesting activities for Grandson etc but weather looked poor so was gardening till rained off. Puts things into perspective when you see stuff like earthquakes going on and we have some rain!

No doubt he'll be too busy to check on here again today...... getting his leg over the garden weeds I would think!

I can't find emojis on my Galaxy smart phone. Maybe Android don't do it.

Gooner, where do you get your emojis from ?

Earthquakes/politics/climate changes/greed/...... so many hurdles can arise, so get the job done now. Everything looks to be in place that we know about, don't wait for a hiccup while chasing a slightly better deal. 50p will do fine thank you!

Gooner

Sounds good to me GP36!

I've been out in the garden all day in very hot sunshine. Obviously disappointed when I came in to see we are only 13.42 at close so I'm now having my tea with some Merlot after a large Jack Daniels Honey Whisky. I am again looking at the slides for the AGM presentation which I have to say look very professional and I keep thinking what on earth can go wrong? This has the ingredients for a very successful Company showing a good profit with handsome dividends within 2/3 years. The Gas is there. What would be advantageous for the BOD to drag this out for several more months? At 13.5p if the market was still open I would top up some more. Have a great weekend All and let's watch the sp rise from this silly level to 30/40p over the next few weeks. I predict 40p by Christmas. I think Gooner will have his yacht for next year!

GP I'm pretty sure you are correct about what C&A know. They had 12% between them worth £20m a short time ago. They may have more now. They may be connected. Their notifications were so close together timewise was a bit of a coincidence... or not? Nick11 may be doing the right thing. Several on here talking about selling and many others doing that according to the trades shown, keeping the sp down. So many things now on the edge and no bad news. The delays are not bad news but testing patience.