Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
It was a rather good rns.
Interview with AP stated gas 2 years after Fid so at least Q3 25, assuming Fid is close.
So much has been done in the last 18 months but has our share price reflected chars growth....not really 😭
1 day +4.11%
5 days +2.08%
1 month -1.44%
6months +4.45%
1year -15.03%
Hopefully more news incoming and a larger market becoming aware of what Chariot can offer
Gla
Jam tomorrow
The transformational potential of the Anchois gas development project has been validated through a number of third party farmout offers.
The partnering process has been competitive; with approximately 40 companies having accessed a data room and multiple offers were received from significantly larger E&P companies. This process both technically validated Chariot's development plan as well as the exploration potential within Lixus and Rissana and selection of the preferred bidder is now in the final stages. The offers, should they proceed to completion, anticipate that Chariot would retain a material stake in the licences and that there would be an upfront cash consideration. Further, any farmout may provide the financing of the anticipated development capital expenditure to first gas and updates will be provided as soon as possible.
9 working days to end of h1, end of year report and an update on fid by then, if they arrive we will have something to talk about, if they don't we will have something to moan about until then this share is unloved and forgotten
I'm giving it til the end of the month before I reconsider my investment on the assumption that they have to update the market by either fulfilling the time line already stated (fid by end of h1) or informing us of what and why a delay is occurring. I don't see any big sell off ATM just the constant drift of disillusioned pi's
If we were headed for a raise wouldn't the company want to fluff up it's share price as much as possible pre raise, the lack of pr fluff or any pr is making me think this isn't coming. Company did state last cash grab was to fund to at least fid...
Volume of over 5m traded today, more than chariots combined volume of the last 7 trading days yet share price isn't crashing, it looked very worrying seeing so many big sales but I'm ( slightly) reassured by how robust the sp has proved to be
https://www.voxmarkets.co.uk/rns/announcement/4d5843b2-294a-43c6-860d-d2d9387016ac/
The share price was 18p plus in January and 13p in March with no real news and now we have had a bad day after a good up run still on no news. If company is to be believed fid is planned for h1 so only 45 working days to go for this and it's precursor news flow, 17p will hopefully seem very cheap very soon
Up 32% in a month, some sizable buys sneaking in and with the company stating Fid will be in H1 only 48 working days for that to happen and that means a few RNs worthy precursors that need to happen. Jam hopefully very soon,
Gla