Member Info for longinthetooth1

Flight stand down so no go today

Key Leadership for Chariot Limited (CHAR)

Chairman: Andrew Hockey. He was appointed as Non-Executive Chairman in October 2024, succeeding George Canjar following his retirement.

CEO: Adonis Pouroulis.

Flight on hold I'm watching live I wonder how AP will feel mega inspired after touch down

£12k

Pierre

The progress since then has been extensive AND up to recently delivered on all major milestones.

For me the recent weeks have started to get somewhat frustrating but I'm sticking with my gut feeling and riding this to 1st Jan 26 before I review my position.

Pierre it does seems like you are carrying some wounds as an investor in KEFI

So I can clearly see you're not a fan and as such I take what you say with a pinch of salt.

However you do raise a good point has there been any money actually deposited. But also I'm surprised these banks haven't made an announcement alongside Harry when he announced the signing I've often seen banks say things like we are happy to be supporting blah blah blah

But I don't recall this can anyone elaborate. It's not unheard of bank's reneging on agreements

Can we have one of our residents technical opinions just purely on charts whether we have good support here at 1.45p

This is getting frustrating it feels the failed promise of finance completion drifting share price today down again

Clearly to me the big money has not been chomping to get a slice of TK

I guess when I read Google invested 900 million 0.9 of $1 billion in spaceX and looks to bank over $100 billion gain if spaceX goes public that's 100x return in five years!!

It doesn't make TK look that attractive

This is the problem with investing today in shovel projects

The big money is aiming for the stars

Then factor in the jurisdiction and locality

I'm convinced this clearly has not been plain sailing and I blxxxx hope there are no unforeseen problems because it feels like the SP is floundering

I don't want to believe this because I have my money in this

Just damn depresssing what's been happening and I have to say Harry probably hasn't helped with the failed deadlines he has himself set

This is where CHAR will flourish

'Challenges

The primary challenge facing the expansion of AI data centers in South Africa is the unreliable power grid and water scarcity. AI-capable data centers are significantly more power-hungry and require advanced cooling systems compared to traditional facilities. To counter this, operators like Teraco are building their own sustainable energy solutions, such as a 120MW solar facility in the Free State.'

Chariot has delivered a blinding life saving deal!!!

Then there's the huge power demand going forwards see below;

South Africa is actively building its AI data capacity through significant private sector investment and a supportive national policy framework, with major contributions from global tech giants like Microsoft, Google, and Nvidia.

Key Developments

First AI Factory Launch: In March 2025, Cassava Technologies, in partnership with Nvidia, announced plans to build Africa's first "AI factory" by upgrading its data centers in South Africa. This facility, which became operational in late 2025 in collaboration with Altron, is designed specifically for high-performance AI computing, using Nvidia's GPU-based supercomputers to enable faster AI model training and an "AI-as-a-service" offering across the continent.

Major Tech Investments:

Microsoft has invested an additional R5.4 billion (approximately $300 million) into South Africa's AI infrastructure, building on previous investments in enterprise-grade data centers in Johannesburg and Cape Town.

Google launched its first African cloud region in Johannesburg and has committed significant investment in digital infrastructure and AI-ready data centers, including the Equiano subsea cable to improve connectivity.

Other players, including MTN, are in talks with international companies for further AI data center expansions.

Government Policy: South Africa's government has developed a National AI Policy Framework (published in late 2024) that serves as a strategic blueprint to harness AI for economic growth and technological advancement. This policy emphasizes:

Investment in robust digital and supercomputing infrastructure.

Talent development and skills training, with initiatives like Microsoft's program to certify 50,000 young people in AI and cloud skills.

Ensuring data sovereignty, allowing data to be processed within national borders under South African regulations.

Challenges

The primary challenge facing the expansion of AI data centers in South Africa is the unreliable power grid and water scarcity. AI-capable data centers are significantly more power-hungry and require advanced cooling systems compared to traditional facilities. To counter this, operators like Teraco are building their own sustainable energy solutions, such as a 120MW solar facility in the Free State.

Overall Goal

The goal of these initiatives is to achieve "algorithmic sovereignty" by building local capacity to refine South African data for local needs and values, rather than relying solely on foreign-developed AI models that may not align with African contexts and languages.

I expect to see a few days of gains

Hoping for another good RNS regarding gold grades to take this beyond 0.05

You are asking for a crucial piece of information that is not publicly disclosed by Chariot Limited: the specific projected annual revenue derived from their wind projects.

Companies typically reserve this level of detail for internal modeling or more in-depth investor presentations, especially for projects that are still under construction.

However, we can break down the financial structure and the potential value based on the publicly available figures, which will illustrate the significance of the revenue streams:

1. The Generation Revenue Stream (24% Wind Farm Stake)

* Projects: Zen (100 MW) and Bergriver (94 MW) wind farms.

* Total Export Capacity: 190 MW (MegaWatts).

* Chariot's Stake: 24% through its subsidiary, Chariot Generation and Trading.

* Attributable Capacity (Gross): 190 \text{ MW} \times 24\% \approx \mathbf{45.6 \text{ MW}} (MegaWatts).

* Financing: Chariot's share is fully financed by:

* Net Attributable Project Debt: US$68 million (part of the US$284 million gross non-recourse project finance debt).

* Equity: Contributed by the subsidiary's co-owner (Mahlako Energy Fund) and mezzanine debt.

* Revenue Trigger: This revenue stream begins post-commissioning, anticipated in mid-2027.

* Key Takeaway: The 24% stake ensures Chariot receives a proportion of the profit generated from selling power directly to the grid/Etana over the 20-year Power Purchase Agreement (PPA). The value is locked in by the PPA price, ensuring stable, long-term revenue.

2. The Trading Revenue Stream (34% Etana Energy Stake)

* Platform: Etana Energy (Pty) Limited, a licensed South African electricity trading platform.

* Chariot's Stake: 34% effective economic interest in Etana.

* Trading Scope: Etana holds the 20-year PPA for the entire 190 MW from the Zen/Bergriver projects, and trades this power to commercial and industrial (C&I) customers. Chariot derives a 34% share of the trading platform's profits/fees.

* Market Opportunity: The guarantee facilities secured by Etana from institutions like BII and GuarantCo are expected to unlock over US$500 million in future renewable development projects, enabling the development of approximately 500 MW of wind and solar capacity.

* Key Takeaway: The trading stake provides a share of the fees for moving the power from the generation assets to the end-users. The US$500 million opportunity suggests that the Etana platform's potential future revenue base is significantly larger than just the 190 MW wind projects alone.

In summary, while there is no specific dollar estimate for annual revenue from the wind farms, the financial structure and financing details confirm this is a material, de-risked revenue stream for Chariot starting in 2027.

You can learn more about the financing structure of Chariot's energy projects in this video: Chariot Limited secures $100M guarantee to boost renewable power with Etana Energy in South Africa.

For CHAR at last fast forwards to revenue

That is the key question for a stock like Chariot (CHAR). For a highly speculative, small-cap stock that is still in the development phase, the "run-up" potential is vast, but it's entirely dependent on the successful execution of its projects, particularly its major gas venture.

Here is a breakdown of the share price potential based on current analyst forecasts and market catalysts:

🎯 Analyst Price Targets (12-Month Outlook)

Based on recent broker and analyst reports (as of December 2025), there is a significant range of price targets that illustrate the high-risk, high-reward nature of Chariot:

The Median/Average target of roughly 8p to 14p is what analysts believe is achievable within the next 12 months if the company hits its milestones. The High Target represents a blue-sky scenario if all its projects (especially the Anchois gas project) are derisked and fully valued. 

🚀 Key Catalysts for a Major Price Run-Up

The market will value Chariot based on its successful transition from an explorer to a producer. The share price is unlikely to hit its high-end targets based solely on the wind farm news. The biggest potential run-up will come from:

1. Anchois Gas Project (Morocco)

• Securing a Farm-Out Partner: This is arguably the biggest catalyst. Bringing in a major international oil company (IOC) to fund a significant portion of the development costs would de-risk the project financially and validate the asset's size and commerciality. This event is typically where speculative stocks see the largest price spikes.

• Final Investment Decision (FID): The final commitment to develop the field.

2. Renewable Energy Expansion

• Additional Project Wins: Announcing financial close on more projects beyond the two wind farms today.

• Success of Etana Energy: Providing updates on the power trading subsidiary's performance and securing large, long-term power purchase agreements (PPAs).

3. Future Exploration Success

• Successful Drilling: Announcing a significant new discovery, particularly in its new exploration acreage.

⚠️ Important Considerations

• Volatility: Chariot is a speculative stock. Its price can move aggressively on news, both up (on successful news) and down (on negative news, delays, or funding requirements/dilution).

• High Target is Conditional: The 30+ pence target is only achievable if the company successfully executes its entire dual-strategy (renewable power and Moroccan gas) and is valued as a fully funded, integrated energy company.

• Current Price: The current share price of around 1.43p reflects the market's skepticism and the substantial development risk that still exists.

In summary, while the news today is positive for the company's long-term strategy, the major run-up potential (up to 8p - 14p in the medium term, and potentially 30p+ in the longer term) is contingent on securing funding for and progressing the high-value Anchois gas development.

I can see 3p being very achievable

Be interesting to see what happens here in coming days

Excellent grades and broadens the footprint looks like it’s good to go with Mega!!

Let's see

YES

I'm NOT interested what on earth are you going on about

Gall

19.22 minutes in MBOLTON clearly states they would like to see a settle and that he said it should be settled

So mark himself thinks like I do

I read thanks Gall!!

So many here doubted my prediction of early settlement but Mark clearly stated this is possible!!

I stand by what I predicted there will be an early settlement offer which could land at any time in the next 12 months and IF YOU ARE NOT IN ALREADY YOU CAN FORGET TRYING TO BUY IF THAT RNS LANDED

So BUY NOW DONT WAIT.