Member Info for schlemiel

https://www.economist.com/middle-east-and-africa/2022/06/02/israeli-firms-and-tourists-are-piling-into-morocco

Interesting article regarding the rapproachment between Morrocco and Isreal. It's a subs article but on the search itself is a reference to 'they are also looking into other things and gas'.......this does indeed bode well for Chariot. I wonder if the Israelis see Morocco's offshore gas especially Chariot's acreage to bolser their search for new sources of gas?

B7

You too.

It's just a cost saving (for the companies and the LSE) admin exercise brought in by the LSE that allows companies to admit to listing shares on a block basis rather than make individual listings each time new equity is issued...

'capital restructuring'...what does that mean? Sale of marginal assets to retire debt?

Snott - It's all good stuff fella

page 22 onwards

Yes, it was but that was when gas prices were on their a-se and the discovery was classed as marginal to the company's portfolio...now all that has changed, completely and Anchois (and surroundig acreage) has become a strategic asset and no doubt one that Repsol MAY have its eye on, but then again it may not but it is amusing and sometimes educational to throw around such ideas

some Morrocan references in the new SDX presentation -

https://wp-sdxenergy-2020.s3.eu-west-2.amazonaws.com/media/2022/05/SDX-Corporate-Presentation-Q1-2022-results_final.pdf

Surely it's a slam dunk for Spain's Repsol? Spain (EU) need the gas, Spain is next door (across the strait) to an EU wannabe Morocco and Repsol know and understand offshore Morocco...it's the perfect fit

https://www.abc.net.au/news/2022-05-31/nt-beetaloo-fracking-under-labor/101103446

J23

Thanks for your efforts, appreciated. Exciting stuff

https://www.moroccoworldnews.com/2022/04/348688/spain-wants-to-strengthen-cooperation-with-morocco-in-energy-sector

dated April 29 2022 but it does show how important Anchois could be to both countries if its potential materialises as forecast..Chariot's shareholders should come away with full pockets

My advice would be speak to Chariot direct

'Political Environment

There has been a change of Government at the Federal level with the ALP looking as if they will form a majority government in Canberra. As well, there has been change in the Northern Territory Ministry following the resignation of Chief Minister Michael Gunner over a fortnight ago. While some speculated that this could be a negative for Beetaloo development, it has actually resulted in a clear reaffirmation of the commitment that both major sides of politics have to the Basin and the role of Natural Gas in Australian energy supply.

The new Chief Minister of the Northern Territory, Natasha Fyles, has clearly stated that developing the Beetaloo is still a priority for the Labor Government. She went further to indicate that the project will play a major role in developing an economy that is not as cyclical as it has been in the past – with a target to grow it to a $40billion economy by 2040.

Deputy Chief Minister and Mining & Industry Minister Nicole Manison indicated that they had worked closely with Federal Labor (when in Opposition) and there is a common understanding of how critically important the development of the Beetaloo is and the NT gas industry along with it.

The only hiccup appears to be the Greens holding power in the Senate and while the development of the Beetaloo will almost certainly cause a proliferation of statements from them, it’s difficult to see an impediment to the collective will of the Federal Government, Federal Opposition and the NT Government'

https://www.sharecafe.com.au/2022/05/27/beetaloo-basin-2022-so-far-and-what-lies-ahead/

It's a hefty article and contains references to recent political developments

https://www.energynewsbulletin.net/exploration/news/1433088/origin-approved-for-next-beetaloo-well-campaign

Origin approved for next Beetaloo well campaign

BEETALOO Sub-Basin explorer Origin Energy has received approval to drill four horizontal exploration and appraisal wells across its acreage in exploration permits EP98 and EP76.

27 May 2022

DH

Well, I have applied for 2x my entitlement but I am quite sure if will be scaled back but by what degree, god knows...either way, the allocation is de minimis

I for one am exhausted by this stock and the bullcack politics that swirls around it. It's a never ending series of politically inspired lies being thrown around to catastrophise fracking and it's having an effect. The idea that pro-fracking politicians can't oppose such scaremongering defies belief. They can lockdown and destroy the freedoms of your average Australian but they can't smash Lock the feckin gate into next week....it seems if your fing is race, gender, sexuality and the climate you're given a green light to say and do what the feck u like, without sanction from the law.....it isn't equality these Marxist feckers believe in but DOMINATION AND DESTRUCTION

Chariot's equity value's in Anchois and CHAR's other offshore gas prospects. I view the non-gas segment of Chariot as almost an ESG requirement to facilitate debt funding of Anchois

'Supermajors Piling into Green Hydrogen – Announcements by the likes of Shell,
TotalEnergies, and BP in recent weeks have shown that green hydrogen is core to many of
the supermajors’ long-term growth. Shell has announced that it could quadruple the scale
of its hydrogen interests in the next few months, whilst TotalEnergies is reportedly close to
signing a “large scale” green hydrogen project.'

Is Cenkso hinting here that the partner could be Total?

See Cenkos.com