Member Info for Padfoot1962

you sound ****ed as usual gp. who cares.

KB, are you and GP joined at the hip, or the same person, because you always (with some intended moderation) back each other up.

All I'm doing is pushing back on a poster who is clearly FOS. His gaslighting lies do not deserve a response IMO, because it puts a spotlight on the lies.

If the CHAR SP does not start a signicant upturn before Christmas, perhaps even by Sept/Oct, then I'll seriously consider my position with my holding. We've given the BOD enough rope (not that they much care), and now it's time to see some ROI, for long suffering PI's.

That might explain it, and i ain't your Tiger my friend

GP! 'Spot on'? You on something? As you appear to be hallucinating.

HC, I notice that you always appear to get 2 'likes', obviously one is your own main HC account, and the other will be your second email account. You literally talk through your button hole.

Respect to Jimmy that he tolerates your inane s**te.

Many LTH's have certain levels of dissatisfaction, and rightly so, but it's tempered with sensible dialogue, and not a few reasonable demands of the BOD.

You're a total and transparently obvious deramping keyboard warrior, and I wonder if you're also a puppet on a string for another self interested party, as you talk total b******s.

Why don't you F**k off.

Surfit, insider trading on AIM, it's not an exception, it's the rule, IF you in the chain. I'm not suggesting insider trading, anyway all a r s e s will be covered anyway.

In the non Listed world, it WOULD be a loan from Directors, and set against their Direcotors Loan Account, and interest added if agreed. Directors should eat last, and if they believe in the company (and the words that they spout), they should invest. But AIM is as we know the Wild West of investing, it is a machine to grind out money from brave and risk taking PI's. We just have to hope that we can trust the BOD's intentions, and decisions.

The one potential positive that I'll take from the BOD commitment to buy into the next raise, is that they might already know that Loukos is viable, and are getting in ahead of the announcement. Can't keep making excuses for the CHAR BOD though, it's now time for tangibles from here on in, and ahead of the AGM.

Just to add, I have never really seen CHAR as an O&G, although that's their industry, more an industry prospector, who finds the gold, and then gets the real O&G player to get it out of the ground. Monetising a business (as opposed to simply having the product or idea), is a totally different game. I think CHAR are in dangerous territory.

Legal, I'm one that considered another raise unlikely. How foolish to think that CHAR might have been strongly negotiating on either a T/O, or incoming cash from elsewhere. I also expected anyway now to hear something positive about the Loukos viability.

It seems that between ENOG and CHAR, that PI's are simply rag dolls to be picked up and shaken for cash, via dilution after dilution, and I agree that these dilutions do little more than the kick the cash position a short way down the road, while the BOD continue to also use the funds to enrich themselves.

We need CHAR to start flexing some muscle on getting cash in from industry players and to focus on the current and major opportunities that they already have. Time after time, they dilute while also chasing new and unproven opportunities.

I've seen this before now, they stretch the cash elastic band as far as they can do, and until they have lined up numerous non revenue generating, early stage opportunities, then either go bang, and the assets are sold off to another player, or the amount of shares in the market significantly reduce the value of the company, and they still have cash issues.

We will have around 1.2b shares in circulation after this latest dilution.

Nice Sonnet Marland, but:

'The pound of flesh, which I demand of Charity, Is dearly bought; 'tis mine and I will have it. If you deny me, fie upon your law!'

CHAR appear to be the ADHD of investing, "Ohhhh look, something else that is shiny over there, I'll go over there now, I'm now bored here"

Plus they think that there is an endless money cake to slice as thin as they wish, in order to keep up with non revenue generating, but cash hungry potential ventures. FOCUS on the main objectives.

If I ran my Company like this (as if there was a magic money tree in the garden), we'd have been insolvent long ago. Plus if I tried to milk my shareholders to pursue my ADHD of investing needs, they would tell me where to get off pretty sharpish. Give us something to cheer about, WTF is happening with Loukos.

Bold, your understanding of investing appears naive. I hold more equity in CHAR than a number of the BOD's put together. The management of CHAR is now questionable, having already forgiven them previous errors. PI's are being treated POORLY. Here is another example, the cowards posting a equity raise after market closure on a Friday. They simply do not give a pigs ear for PI's. And Wallace's statement of a 10 bagger some time ago might be identified as market abuse. I will do what I will do with my investment, you do the same.

Do me a favour Bold and take your pathetic assumptions elsewhere, that oft tried mantra but others shows total ignorance

Jt, I think it's a f**king joke.

And f**k the "Secure a material new venture opportunity with multi-billion barrel potential"

The key words being, New, Opportunity and Potential. Deal with what existing potential that we already have, rather than bleed shareholders to cash flow your over ambitious ideas.

Why is Loukas not yet assessed????

So BOD are finally going to buy some equity in the business, they knew all along what that they were going to raise again, hence no share buying.

They think it's a sweetener, well it isn't. Total s**t show.

I'll tell what would start to move the SP to your desired 50's, that's if the BOD starting volume buying of shares. And while they are at it, lead from the front, get their snouts out of the trough, and eat last, knowing their celebratory meal will be a mighty feast for them. And before you forget where lost your certificate from the charm school, I speak from how I run my business. It's all very well wishful thinking, but we need information and far less uncertainty.

I know that kc, it's worst case, read the whole piece. Front where we are now, some investors would be relieved to get 18p. My ideal is a 10 bag from where are now.

I'd given up guessing on the SP, but I'll have another go! IMO the extreme volatility of CHAR's SP appears to be much wider than other similar energy companies. While this large spread of volatility can be nerve racking for PI's, in truth it also prevents an opportunity for a multi bagger at anytime now. Taking a wild guess at any potential T/O price, I would start at a minimum offer of 18p, but a more realistic T/O price of between the mid 20's to mid 30's. If no T/O transpires then CHAR might see a much higher SP as revenue starts to flow, which once this happens, revenue growth is forecast to be exponential year on year. But we're talking a couple of years to see serious revenue.

As it stands today, it's hard to argue that CHAR are not worth at least the last years high of around 17.48p. The biggest issues I believe to the damage to CHAR's SP, is the level of dilution that CHAR have delivered to PI's (regardless of whether one agrees with the reasons etc). The other issue is the biggest elephant in the room, the cash runway.

The underlying assets of CHAR override any concerns that I might have had on the solvency of CHAR. BUT I simply do not want to see more share issues, with currently over 1b already in the market.

Thanks Jimmy, that's a sobering piece on the both the current state of the UK's stock market as well as indicators on the UK's crumbling infrastructure. Maybe we will see Chariot get taken over privately, and moved away from the UK. It happened to another AIM stock I had investment in, those shares are now traded on a private exchange at a much higher price. With other PI's I also attempted to reverse T/O another AIM company last year, that I was heavily invested into, as it was in trouble and corrupt. It taught me how rotten to the core AIM is, NOMAD's included.

Chariot stand out though, but they can't continue to trundle along on the bottom of the fish tank, issuing dilutions, it's too big an opportunity and requires a bigger boat. Hence why I believe a T/O is imminent. I stand to be proven wrong, won't be the first time.

BTW, no matter how negative anyone might currently be toward CHAR, they are weighted with major assets, in the meantime we await some due Diligence on these assets of course, as we do on forward funding to monetise these assets. If you were ever going to step into CHAR shares, the 7's would be the time. IMO.

You sound like you're quite young and naive Harry, and scraping bits of opinion together to virtue signal how knowledgeable you are (FYO, It ain't working kid). And you most certainly are not invested in CHAR, that is self evident.

You use grandiose statements like "I don't agree..." "I suspect..." "Which is why I am concerned..."

I have news for you kid, no gives a nats a**e what you suspect, we don't care what your concerns are, and I am replying to you (before you ask) to put your nonsense where it belongs, and that's in the 'land of deramping b*****ks".

Why don't you take you £50 pocket money and spend it on your PS5 games.