Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Lol, Anchovy and A-‘Fish’; made me laugh Gooner
Cracking post afish, and it’s not even Monday yet…thank you.
Although we know it’s a reaffirmation of Chars intent, I really like the additional section titled ‘Plans for the Anchovy Gas’ and it’s brief but enigmatic content…
You will have to read it if you want to know what it says.
Total agree with you Jimmy, nice summary.
I'm content at the moment not to have seen the standalone CPR results launched into a currently turbulent stock market, would rather see a string of positive news flow, once all of the Char ducks are lined up...AP and the BOD are not playing amateur hour like some AIM companies (you know the ones who simply manipulate their PI's for personal and covert gain). I'm excited by how this is being played out, the share price is holding, and the news will soon flow...
‘Catch me now, I’m falling…’ The Kinks
Anchois CPR-Partnering/Farm Out-Additional projects progress-add anything else you feel confident about seeing in coming RNS’s
It isn’t just the CPR, the way AP is playing this, he’s lining up a string of wins…
The CPR results will be announced prior to the AGM…they will want investors going to the AGM buoyed up and excited at the prospects of Chariot.
The last thing they will want is anxious investors turning up, and they certainly won’t want to dump any disappointing news onto investors on the day!
The CPR will be announced any day now, and it will be exciting. If I’m wrong, then my faith in the very high quality and experience of AP and his team will diminish.
For me, these are really positive and progressive numbers on the balance sheet; IMHO, CPR will be beyond expectations, and a major Farm Out/FID is already in the 'pipeline'...DYOR/IMHO...Chariot are well ahead of all of us.
" ...loss after tax for the year to 31 December 2021 was US$7.0 million..." Peanuts.
"...a decrease of US$63.6 million on the US$70.6 million loss incurred for the year ended 31 December 2020 which was driven by an impairment charge of US$66.7 million recorded against the full book value of Namibian and Brazilian exploration assets. This equates to a loss per share of US$(0.01) compared to a loss per share of US$(0.19) in 2020."
"As at 31 December 2021 the net book value of the Moroccan geographic area is US$31.8 million (31 December 2020: US$12.8 million)." NBV a very conservative estimate.
"The Company had tax losses carried forward on which no deferred tax asset is recognised. Deferred tax not recognised in respect of losses carried forward total US$8.7 million (31 December 2020: US$7.6 million)..."
"As at 31 December 2021, the Group's net balance of current trade and other receivables and current trade and other payables shows a net current liability position of US$14.2 million (31 December 2020: US$0.2 million) with the increase due primarily to outstanding payables for the Moroccan drilling campaign." Liabilities are miniscule compared to the real asset value, once realised.
Absolutely agree, this news should be a significant confidence boost for investors, with the joint operation of these 2 players allowing an accelerated FEED process…
Chariot knows it’s sitting on quantity and quality at Anchois and wants it market expediently…a great RNS to start the week
Lowence of Arabia…
I’m speaking as a serious and committed investor, and as I wait for the forthcoming news flow, combined with the latent force of Chariot’s true potential, I find you absolutely hilarious, quite entertaining actually…as soon as you write something, I’m immediately taken back to the 1970’s and the days of comedy like this:
https://youtu.be/pMa5D6UcYI4
As for Jimmy? He is a real player in this field, with his expertise and knowledge, I could not come close…I’m just a risk taker, and Char have already returned on the risk, with massive upside still to come.
Now, let’s hear your analysis.
Love it!!…Dawn Lawrence of Arabia…great to see your profound input to the topic of Chariot!
Prior announcement in April by TE:
https://www.rechargenews.com/energy-transition/totalenergies-poised-for-big-green-hydrogen-move-but-it-wont-be-in-europe-says-ceo/2-1-1208893
...Now we know:
Darkini
Go to your Portfolio on ii, and click on 'Corporate Actions', and then complete the 'Response Required' section.
Alternatively, call ii and give them your instructions.
Ends 11.59pm tonight.
Clueless Inc
Same old incompetence that I’ve been witnessing for over 2 years…This company is incapable of capitalising on any opportunity.
They missed an open goal when Governments were crying out for masks in the pandemic, and were then talking recently still talking about masks, when everyone had picked their Covid ball up, and gone home!
And during the pandemic, the former board (JB) had a field day turning us shareholders over, and then doing the same with his other POS company Braveheart.
Just outsource the technology.
Absolutely useless.
Brilliant Down Low...you continue to impress...
That’s for you Dawn Lowrence BTW, although you knew that ;)
LOL! That’s rich, coming from the Queen of Toxicity…I love your posts…they are pure Camp
Scooby BTW, I use ii, and the Corporate Actions link is under the ‘Portfolio’ tab.
Hi Scooby
On your share trading account, there is a link somewhere to Corporate Actions, and via this section will be your option to choose whether to take the shares or not, an option to apply for a larger subscription (unlikely though!).
Not sure if this helps but hope so.
Matt
Excellent post Schlemiel; Morocco is taking beginning to take front of stage as a player, to replace not only Algeria as a natural gas supplier to Spain, but to also compensate for Spain's shift away from Russian gas...As well as what looks like (IMO) an almost unencumbered gateway to Europe for Moroccan gas supplies, or so it seems to me.
Although Algeria will simply sell 'Spain's' gas to other european countries too, it's existing client, Italy for instance.
Might be the start of a gas feeding frenzy in North/Western Africa.
"Prime Minister Sanchez asserts that this policy shift would bring “a new phase of bilateral relations” in the strategic partnership with Morocco, which is Spain’s economic and anti-terrorism partner in the African continent."
"After Italy, Spain imports the largest quantity of gas from Algeria. The Spanish declaration therefore came as a shock to the Algerians..."
"Algeria’s state-owned energy firm, Sonatrach, is planning to stick to ‘fair moderate gas prices’ for all its customers, barring Spain. Going forward, Spain might see a recalculation of domestic gas prices, owing to the increased prices in the global energy market.5 Tensions in Spain–Algeria relations could benefit other European nations in their energy deals."