Member Info for Rocket79

Hold for reserves update and this will be 300% current price. Buy and Hold. Good luck all

This is amazing news. The positive implications of this are unbelievable. Over 100p easy over next 12 months imo

There has been some share dilution since 2011 but ues agree this is extremely undervalued.

Chariot (CHAR) has been reviewed by Cenkos in a really extensive buy note dated 21st March 2022. The shares may stand at 12p but Cenkos thinks that before allowing for adverse risk the shares are worth 300p and, after “risking”, 51p. Hurry now while stocks last. Family Cawkwell fancies a really big rise.
https://masterinvestor.co.uk/evil-diaries/evil-diaries-oil-is-well-at-chariot/

Morocco and uk to resolve energy crisis for uk

https://www.express.co.uk/news/science/1585779/morocco-uk-trade-deal-slash-russia-ties-energy-putin-renewable

Finncap 54p target

Finncap 54p price target,
https://www.proactiveinvestors.co.uk/companies/news/970767/chariot-price-target-doubled-on-new-moroccan-discovery-970767.html

Buy at these cheap prices while you can.

No brainer at these prices. Focus on renewableS and Gas at the perfect time. This will be multiples of current share price. Just look at the broker notes. BUY

It just means they can raise funds if needed. The 0 25 was just relating to current sp if it habd been 0 50 yesterday it would state that. So 0.25 is irrelevant. I thjnk good news coming on Oncology : )

Expect 12p to come very quickly. Those that know the stock market now how shares can move once seller cleared.

Rns out. Expect rerate now.

Last paragraph of Broker Note:

Valuation upside potential.

Chariot already has a 10% stake in the operational Essakane power project in Burkina Faso, alongside Total Eren at 90%. This project has a 15-year Power Purchase Agreement (PPA) that runs to 2033 and will deliver long-term positive cash flows for Chariot. We do not currently include anything in our valuation for this or the Tharisa project, never mind the significant pipeline of opportunities. These are typically low risk and predictable projects, backed by long-term contracts. They are expected to deliver returns of over 15%, with Chariot’s capital commitment limited through the use of Total Eren organised project finance.

Introduction to morning note from House Broker finnCap (finncap.com):

Firing on both cylinders.

Chariot is firing on both cylinders, with its Transitional Power division announcing a new solar project with strategic partner Total Eren. This follows hot on the heels of its Transitional Gas success with the Anchois gas field appraisal. Chariot is delivering on its new strategy, which offers investors low-risk/high-reward gas development potential in Morocco alongside a steady stream of incremental renewable power projects capable of delivering stable long-term cash flows. Acting CEO Adonis Pouroulis has injected new energy and entrepreneurship into the company, with his extensive network of African mining connections delivering new opportunities. This is Chariot’s second renewable/hybrid power project in African mining; expect more.

Finncap 54p price target,
https://www.proactiveinvestors.co.uk/companies/news/970767/chariot-price-target-doubled-on-new-moroccan-discovery-970767.html

Seller cleared looking at L2. 20p could come rather quickly

Chariot NAMIBIA

Emerging Hydrocarbon Province

Drill Ready; No Remaining Commitments> 2.6 Bnbbls of prospective resourceEquity Position: 75%

Chariot is pleased to hear that Shell has been successful with its Graff-1 exploration well, offshore Namibia. It will be interesting to see if there is a read across to the acreage offshore Namibia that Chariot retains the rights to. https://t.co/zHDPId6EIO

Just wait until those wanting 30% exit. The real rise will start of coming weeks as new buyers come in. 30p definitely on the cards here imo. Buy the dips and Hold.

This is worth 94p now imo. Don't give up your shares cheap imo.
Peel Hunt added its published risked/unrisked valuation for Anchois stands at 23p/94p, indicating the potential prize on offer in the event of full commercial exploitation of Anchois’ PHe c.360Bcf 2C gas resource.

Peel Hunt added its published risked/unrisked valuation for Anchois stands at 23p/94p, indicating the potential prize on offer in the event of full commercial exploitation of Anchois’ PHe c.360Bcf 2C gas resource.

Price mist be close to 94p Target with the outstanding news this morning.