Member Info for JohninGsy

Maybe the jump in SP is because we have all been treated to an exhibition of some ex. Cullinan diamonds mounted in the Royal Crowns. We have essentially the most famous and productive high quality diamond mine in the world priced at bargain basement prices. Surely it can only go up substantially from here with the rapidly improving balance sheet of the company.

Guys
Don't forget that CHAR is a Guernsey registered company and as such I don't believe they file any tax returns in the UK. Therefore I believe the panic is over and I don't think Rishi will be able to levy any windfall taxes even if we are quoted on the LSE. Income tax /Corporation tax is tax on income and I do not believe CHAR has any income as yet so again it should not affect CHAR so we should all be safe.
I think that somewhere the wires have been crossed.

If I remember accurately there was some discussion after CHAR drilled in Namibia for the first time, just after IPO. I believe the drill was commercially unsuccessful but there were some strong opinions that the drill had been done in the wrong place and for some reason not in line with the CHAR geological research. I know that this is a very common comment following a failed drill eg. ADV recently, but the current level of interest and investment in Namibia could suggest that the CHAR boys were correct the first time and the drill rig was out of position. This is all ancient history now but it does make you think and after all it is results that count.

I agree with Speculiar about tidal power, however the Channel Islands have some of the largest tides, sometimes up to 9m and there are also some very usable ocean currents as well eg. Alderney Race. Tidal power would be ideal for smaller communities eg. Channel Islands, Scotland Western Isles, Bristol Channel etc and would get these communities off oil fired generators and it would be UK technology. The Channel Islands do import Nuclear from France by undersea cable and sometimes this relationship is a bit fragile so it would be rather good to be self sufficient in a green way but without those dreadful wind turbines which are an absolute eyesore. Tidal power is a very sensible option but unfortunately the investment in that technology is very hard to find. There have been a few attempts but nothing as yet of any consequence. It would be brilliant if this technology could be developed by the UK and then exported worldwide with a "Made in UK" badge on it. Don't forget "Time and Tide waits for no man" so it should be fairly reliable. Otherwise Nuclear and Hydrogen will become the "go to" resources for larger applications.

It is no wonder that the Americans are apparently shorting this diabolical stock. The wheels have obviously come off somewhere but you can rest assured that the BOD and senior so called executives will be taking their performance bonuses even though the share prices have dived since August last year and also earlier. They even had the audacity to change the name in an effort to hide from a previously well known and well respected fund. Something needs to be done to look after the very long suffering shareholders.

Jimmy and SHC - if we politely ignore some of the rubbish on here I have been involved with CHAR for a long, long time. I even recall the £3 days many years ago !! Anyway, I would also suggest that the investment community has a very long memory and they recall the dismal days and our dramatic fall from grace. With this in mind Jimmy, can you recall the early drilling in offshore Namibia when the seismic surveys showed CHAR that this was the site to be drilled. If you also recall the drilling was carried out but unfortunately it achieved a zero result with red faces everywhere and a collapse in the share price which has yet to properly recover. If I remember correctly the company accused the offshore rig company of drilling in the wrong place but I just cannot remember the outcome. Just recently Shell have been drilling in the same general area and it appears that they hit the jackpot and have commissioned some additional drilling with the very highest of hopes of a good result. Jimmy, do you think this may have a knock on effect into CHAR because I am unsure of the extent of the respective licences in that area and whether the CHAR licence is still close nearby. Likewise the prospecting off Brazil was intended to follow similar geology but again that prospecting died even though I believe we have retained the licence.
In any event the recent developments by the company demonstrate that CHAR has an unbelievably valuable capital portfolio with hopefully the Namibia licences now attracting additional interest as well. The current price is so far out of line that it is a joke and surely it is only a matter of time before the new broker and hopefully the PR company wakes up and begins to promote the company in an appropriate fashion. If this ever happens maybe we will see some realistic movement in the sp even if the markets only normally react to real numbers which may be a year or so away. Patience is a virtue both for me and all of the other LTH on here but this must be a brilliant long term investment. If we do become the target of a takeover the BOD must be very responsible so as not to sell out the Long Term shareholders for a song after all this loyalty over the years. Think positive !!

I am not sure whether anyone has identified the BOD common denominator between the diabolical days at CHAR over the last few years and the recent disaster at ADV. With LP's departure and the recent RNS this may compound the problems. What does anyone think?

I have just followed the link to the recent Carnarvon announcements and presentations and they are very interesting. However, I did note that within the Buffalo presentation section Carnarvon were very pleased to confirm that ADV would be picking up the tab for the first US$20m of the Buffalo development costs and in addition ADV would be responsible for sourcing the development capital all in accordance with the Farm Out agreement!!
Since these costs are largely "up front" costs I just hope that ADV has some deep pockets for use presumably before any revenue flow is achieved and before shareholders can reap any benefits.

I have just looked at the BBC announcement re JCB and their mega sized contract to bring hydrogen from Australia. Maybe Adonis should instruct the CHAR PR people to turn up at COP26 to bang the Chariot drum very loudly and tell the world what we are doing unless they are going to COP26 in any case!! Maybe we would see a positive share price move and recognition of Chariot's massive efforts for Africa and Europe.

If my arithmetic and logic is accurate a 1 in 50 consolidation will price the shares based on todays 1.70p at 85p per new share. The potential for a two or three bagger is therefore severely reduced using an 85p share price. The 85p will make the share more attractive to professional investors but surely will kill off the private investors looking for low priced penny shares with recovery potential. IMO the consolidation will be good for the company but much less attractive for the private shareholders. What do others think?

I have known Petra for many years and I find it absolutely unbelievable that one of the most famous diamond mines in the world is currently trading with a share price below 2p. Yes, I know that the overhanging debt and interest payments has been a perceived problem but much of those funds were spent in upgrading the production facilities. The diamond market is slowly improving and the recent significant sales of major stones has helped considerably in reducing the debt as well as the recent published accounts showing substantial financial improvements. However, Cullinan is still a major diamond mine with an incredible history and surely it is only a matter of time before the PI community wake up to this undervalued company and stop acting like paid up members of the Flat Earth Society! The MM's and day traders do not help with trades at ridiculous prices but they are just looking at the daily returns and not the real company. Dividends will return in due course and the sub 2p days will hopefully be consigned to history. Hopefully the LTI's will keep the faith and will be substantially rewarded for their patience in the reasonably near future.

I have followed PDL for many years and have seen the highs and lows. However, IMO the PDL mines represent the best diamond resources in the world and have proved their credentials time and time again. At these SP levels surely the danger is that the PDL crown jewels could fall into the wrong shareholder hands even though AP and others still hold substantial equity. Hopefully with the recovery of the diamond market the SP should travel north sooner rather than later. Perhaps PDL need a major revaluation which recognises both the mineral reserves and also the upgraded mining facilities in order to support a sensible SP.

I invested in Hemo because I had been diagnosed with Non Hodgkins Lymphoma and this was one of the medical targets for Vlad's scientific aspirations and I thought it a worthwhile investment. However, I am beginning to get annoyed simply because unless I have missed something the impressive HEMO pipeline remains intact and hopefully is still being actively developed. The recent dive in the sp is largely due to the ridiculous dilution of the LTH due to the aggressive financiers but the LTH have supported Vlad over the years and they are getting screwed. I have seen this before with US based scientific companies who get clobbered by aggressive financiers when things go wrong and the scientific brilliance behind the original company concept becomes compromised.
IMO Vlad and his advisors needs a major and intelligent PR campaign and revaluation of the pipeline just to confirm the business plans and to get some value back into the company. With this ridiculous dilution I would have thought that the LTH need a bit more support and perhaps some equity compensation.
The Princetown facility surely provides a very worthwhile prospective financing for initial clinical trials but does not appear to have been utilised
I do not know the current CFO but I note that he has just purchased a chunky investment in the order of 1 penny per share so either he is trying to cover up a financial **** up or he sees a valid profit potential. Either way Vlad needs to demonstrate both financial and also scientific control and to demonstrate that his company still had a very viable pipeline otherwise we are all wasting our time and funding. The famous £1 party appears to be a long way off!!!

Thanks Lowboy for the vote of confidence. I have now successfully invested in ADV, not an earth shattering amount but enough to enjoy any significant tick ups. Hopefully CHAR + ADV will help my pension because I have known CHAR since floatation and have seen the roller coaster ride over the years but I do believe that things should work out in the current environment for the benefit of all of us here.

I have been contemplating a small investment into Advance Energy PLC (ADV) and in my general research I came across our old friend LB as a Director appointed in 2021. I originally thought that ABV may be a useful short term punt but I am now having second thoughts !! Any ideas or suggestions?

I am getting rather tired of all of the short term traders hankering for an RNS all of the time. True investors are long term and the traders are looking to make a quick buck from the volatility. We invested in a US junior pharma Centocor Inc. back in 1979/80 with a venture capital investment in convertible loan notes. Centocor were conducting research into a variety of potentially valuable projects including monoclonal antibodies and they went for a very successful IPO in 1982 when we converted the CLN into a reasonable equity percentage holding. The company developed during the 1980's and we were being encouraged by shareholders to take profits so our BOD agreed in 1987/88 for me to sell for a reasonable profit. However I have since noted that J&J conducted a merger with Centocor in 1999 and I have seen figures of USD4.9 billion quoted so it begs the question as to whether we were right in selling after shareholder pressure or whether we should have remained as true investors and participated in the USD4.9 billion just eleven years later. HEMO is very similar with an excellent pipeline and excellent people in the company and Vlad has inferred on several occasions that the company is there for the long haul and not for traders hoping that the next RNS will ignite the rocket fuel. Hindsight is a wonderful thing and patience is a virtue!! Perhaps HEMO is a better investment for the pension fund or perhaps for the next generation even though volatility can be fun for the traders.

I have recently joined as a member but have been following you guys for several months. I am very impressed by some of the contributors and the depth of research, corporate knowledge and corporate connections but alas there are a few comedians as well. However I am surprised that so many of you have been expecting an RNS or company news on a daily basis when you should know that we are just coming out of the silly season, that is basically the school / University holiday time when many professionals, lawyers, bankers etc are away on holiday and it is unbelievably frustrating for those of us left behind because you just cannot make progress of any consequence without them. The upshot is that very little corporate news is released in the silly season before it all jumps back to life when schools go back. You can see the flurry of activity today in CHAR and PDL, the first day back at school !! In the US this season finishes after Labour Day so hopefully we will see some meaningful US releases soon. I think that Vlad has such an impressive pipeline that it is only a matter of time before we see some brilliant results. Keep the faith guys and let us hope Vlad and his BOD see some impressive returns.

I have recently joined as a member but have been following you guys for several months. I am very impressed by some of the contributors and the depth of research, corporate knowledge and corporate connections but alas there are a few comedians as well. However I am surprised that so many have been expecting an RNS or company news on a daily basis when you should know that we are just coming out of the silly season, that is basically the school / University holiday time when many professionals, lawyers, bankers etc are away on holiday and it is unbelievably frustrating for those of us left behind. The upshot is that very little corporate news is released in the silly season before it all jumps back to life when schools go back. You can see the flurry of activity today in CHAR and PDL, the first day back at school !! I have known these companies for many years and the highest CHAR price as I recall was just over £2 several years ago, I don't think they made £3. Anyway, keep the faith, have patience and I believe CHAR and PDL will give us all some worthwhile rewards.