Member Info for KissnCuddles

Padfoot, how did you know about the 1.8m sell this morning? I could t see it, and most others couldn’t either.

*Those sanctions are there to stay for the medium term.

Padfoot your logic is just ridiculous.

Morocco has already signed a GSA in principal to purchase gas from the Anchois well. Excess gas will be sold elsewhere, most likely to Spain and Europe. And to assert that it’ll be ‘business as usual’ with Russia after the war is over is laughable. The Nordstream 2 pipeline got blown up, remember? There’s no way anyone in Europe will advocate getting back I to bed with Russia so quickly. Those San carol a are there to stay for the medium term.

It would have been great to sell out at 25p and buy back in at 15p (which is how the SP has progressed as of late) But I didn't. I just held onto my shares, and actually bought more recently. My average is 10p.

My strategy is to hold all of my shares all the way to first gas. My rationale is that, although there'll be spikes and dips along the way, the SP will only reflect the value of the Lixus license upon first gas (and it's accompanied revenues) I don't have a specific number in mind. Most likely I'll set a creeping stoploss on my holdings at first gas and then let it ride (hopefully upwards) until the market decides to let it dip back down (then the stoploss will be triggered)

Perhaps CHAR will get taken over before then, who knows. But if the stoploss never gets triggered I'll keep holding on until whenever I can think of a better place to put my money.

With 90% of their energy needs covered by imports, Morocco would seemingly jump at the chance to grow its own energy industry. Let’s hope CHAR can help them with that.

Seems like it's just a matter of time before the SP starts to reflect the true value of Chariot's exploitable assets.

I'm holding.

Page 31 of the report gives an unrisked NAV per share of 1015p. That's ten pounds per share, based mostly on the value of potential gas in the Rissana license. And at this SP it's still only giving the Hydrogen business 0.03p per share (which we expect to be a lot more than this upon commercialisation) At this rate I would expect a TO price to be multiples of pounds.

Persian, this is what they should have done in 2021. We are where we are now coz of DM's gambling.

Good synopsis, Smurfit.

Going it alone, imho, is a novelty. I'd rather a farm-in, giving up a minority interest in Anchois, so that we can drill several more wells in 2023. I'd say the market will react more positively to this type of arrangement.

The invite links on twitter have expired. I need someone to post a new one.

Could one of you kind gentlemen please post me the link to the COPL Telegram group?

Many thanks.

58%

It was c. 30% before Christmas but the rise in the CHAR share price and the collapse of my other holdings’ share prices has resulted in my CHAR investment becoming my main holding now.

Could one of you wonderful people please post the link to the Telegram chat?

On dilution. We could well see a share buyback policy enacted after the CAPEX debt is repaid. So sometime in 2026 I would estimate.

I've got 107k shares with an BEP of 9p. I plan to hold all my shares for +4 years.

When the SP reaches above 100p I'll set a stop loss at that price and increase the SL at 10p increments, with a decent buffer to allow for 'normal' market volatility.

From the information I've managed to garner from various sources there is a realistic chance the SP could breach 300p by 2027, after some years of Anchois gas sales, debt financing repayments, dividend payouts as well as progress with CHAR hydrogen and other renewable business lines.

I'll cash out at 300p to buy my holiday home/semi retirement pad in Finale Ligura! GLA

Turkey aren’t in the EU. And they never will be.

That article was printed years ago!

Idiot.

I’ll set a stoploss at £1 when it reaches that point. By then the value of my holding will be too big to risk. With regards to my ultimate price target? Who knows. If they manage to further exploit the risanna license with some big gas finds we could be looking at Anchois 3,4,5,6 etc. Throw in a successful project Nour and the SP could reach +£3.
Good luck!

A farm out to explore and discover the entire Lixus license (at favourable conditions for CHAR) has to be on the cards right now. Anchois 1+2 could turn into Anchois 3,4,5,6,7,8....by the end of 2023.

MY share buyback plan continues to evolve :-)

It'd push the SP (outstanding shares) north of 200p, depending on how many shares they buyback of course.