Member Info for Jungmana

I agree. 8 to 10p short term is realistic. Cash is about $19m (£14m) which is about 3.8p equivalent. Everything else right now is for free.

In that proactive written piece, Finncap have a target of 155p. Or are my eyes deceiving me?

https://www.proactiveinvestors.co.uk/companies/news/217838/chariot-oil--gas-expands-morocco-footprint-with-acquisition-of-lixus-licence-217838.html

https://youtu.be/_thwrZYH52A

This is a completely new project. Huge asset see details in the rns and low risk compared to chars other projects . This is a company maker imo

Cash level alone is about 4p equivalent. I can see 7p easily short term

A no brainer at this level. Don't know how they managed to acquire such a huge gas project for $1m initial commitment. Repsol and Dana discovered this field bit handed it back to the state during the recession and oil price crash. Now char have picked it up for peanuts.

Market cap right now is about £13m which is still less than cash level. A rerate to 7p+ short term imo.

With about £14m cash level. This does not need ramp under 4p. The new gas project is an exciting extremely valuable one. See malcys blog

Cash level about 4p. This new Moroccan exciting gas acquisition is equivalent to 70mmbbrls of oil. Let's say a conservative value of 15p. Add the numerous other projects together say 7p. You can see a total of about 21p conservative valuation right now. A no brainer right now as you buying about cash level.

Cash level is extremely low. So I expect a placing any day now. 500m at say 0.8p is my guess. Gla

If you check the last results the entire BOD salary is less than 200k annually. The CEO is on 60k by his own choice. So these folks are not the greedy type. Good luck with whatever your motive is

Once they have sold the 210m shares down to under 10m , they will be doing another conversion. This time should be about 270m and am expecting rns by Thursday . Target here 0.3p by friday

The more you ramp this the lower it falls. More of the same tomorrow

All companies seek authorization at AGM to issue shares. This is standard practice and is intended as a safety net should it be needed. That way you don't call an egm if the need arises. Simples!

Listen to CEO there. On vox. No placing needed

https://www.**********.co.uk/blogs/reabold-resources-versarien-toople-nuformix-russ-mould/

Looking great with big volume. Once we break 0.34p should see a sharp rise towards 1p. Market cap just under £3m right now which is peanuts for this fast growing company.

If you read the prospectus and don't understand it ask the professionals. Don't post misleading information. The warrant exercise price is not fixed but 120% of the price at the time of exercise. You need an expert in finance to understand that prospectus. More and more cheap shares to come on this horrible death spiral finance.

Trying hard to make 1+1 =3.