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crikey!

started looks like moving much higher 9p easy today imo

totally different CHAR building a strong base portfolio off shore Morocco!

Well defined revenue stream!

I wonder if holders here also hold RPT the similarities are clear to see RPT rose from 3p to 55p in months

To be fair BLOE needs to do a lot of work between now and then but always helps when oil is there!

there it is I said I may slice here so difficult day for me selling or slicing

Ive decided I'm holding!!!

This seems like it has lots more to run

tbh this rise has not happened because retail investors are flooding in it due purely and simply because CHAR has massively oversold due to negative sentiment. That's fine by me and the sort of stock Warren Buffet looks for.

Apple 15 years ago was on its knees Microsoft was a stale business model then along came the iPhone and the Cloud and boom.

TOTALLY different story here but similar in that CHAR has realised it needs to generate cash first then risk later for me as an investor that's what it should have done years ago.

yep those words used a lot with firms like facebook Netflix and for similar comparisons Regal Petroleum Block energy
Rio Tinto ect ect ect

This is investing and one needs to weigh up the facts. From here CHAR looks undervalued you cannot deny that?

still only £13 million it should be £33 million just as a base until further news update.

If any one of the transformational farm ins lands that will see a proper rerate

Jung no problem it was a good read for everyone!

The key word was 'trimmed' !

finnCap trimmed its free cashflow-based target price for Chariot to 155p from 183p. In late morning trading, the shares were at 2.60p, up 15.8% on Tuesday's close.

nighthawk its at the bottom of article

https://www.proactiveinvestors.co.uk/companies/news/217838/chariot-oil--gas-expands-morocco-footprint-with-acquisition-of-lixus-licence-217838.html

can you say a little more what do you believe this says.

To me its a good old fashioned rerate. 8p coming

and there was me saying solar is not viable do to theft ect well seems I got that wrong.

Still happy with this and reassures the JDA is coming as has been said

Well that was a surprise and frankly a nice one hedged effectively and a good fit

Brilliant as I said yesterday so Lixus will deliver sizeable cashflow and make Char profitable and those profits will fund the riskier exploration that to date has essentially been shareholder funded.
New dawn for CHAR imo and will see a steady rerate in share price for existing shareholders.

Def a buy for me and expect to see the rerate continue to 8p to start

Shocked

Timing is everything if you can afford to average down now would be the time imo.

That’s a hard decision for you I’m sure. The important thing I have learnt from investing is to detach yourself from emotion and evaluate pure facts. Believe me I have been underwater many times on stocks and timed further investment to recover. The key secret is invest into valid newand recently CHAR has flashed a strong buy signal.

Disagree this will touch 6p before barely pausing

Anyone?

Current Price
3.4p
Mkt Cap: £ 10.1m
Implied Valuation*
29.04p
(754% undervalued)

From my stockopedia account valuation

With such low expectation in the price, today’s announcement should start to rekindle interest in this exciting exploration, and now appraisal/development, company.”

finnCap trimmed its free cashflow-based target price for Chariot to 155p from 183p. In late morning trading, the shares were at 2.60p, up 15.8% on Tuesday's close

SO IM NOT GOING MAD