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me abusive? what

solid buying still keep getting nt trade

right now for me Morocco is the main focus and a very interesting proposition indeed.

Mr out of interest have you tried buying? very very difficult to buy and drop keeps going to NT

funny that's the sort of response I expected but maths do the talking and frankly it seems CHAR have taken note of past mistakes and changing tack to target established markets in proven wells

most mm's placed well over 4p don't think there much left under 4's in fact ive had buy order running for over an hour 3.6p they never picked it up!

yes this is a very small overlooked oily we shouldn't underestimate many here have their finger on the pulse the big buyers and institutions rarely dive in without due diligence

This news will be dijested and bought into in coming days and weeks imo especially as CHAR updates big investors

anything in quantity

Chariot Oil and Gas as valued by the Relative Valuation Technique

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

From my stockopedia account valuation

for this not to double from here imo

· Anchois-1 well gas discovery - 307 Bcf of 2C contingent resources offering near-term development opportunity

"We are confident that the commercial viability, which will be fully laid out in the feasibility study being commissioned immediately, will be highly attractive to a wide range of strategic partners across the energy value chain. "

"The excellent quality reservoirs in the Anchois discovery offers the potential for high rate wells and the consequent possibility of a low-cost development. In combination with excellent commercial contract terms in a country with high gas prices in a developing market and growing energy demand, the Anchois discovery offers the potential for a material, high-value project. The low risk prospect inventory offers running room with additional, low-cost tie-back opportunities. "

"Chariot is also evaluating leads identified in the section below the Nappe which has the potential for giant scale prospective resources."

"The initial licence commitment, for which the Company is fully funded, includes a technical programme of 3D seismic reprocessing and evaluation to access the additional exploration potential of Lixus. Chariot will also further evaluate the gas market, test development concepts through a feasibility study and seek strategic partnerships and alliances to progress towards a development of the Anchois discovery"

Fully funded!

actually pleased so I can get my buy in target

TECK still strong potential partner

is there a firm date yet?

just updated relative valuation

Chariot Oil and Gas as valued by the Relative Valuation Technique

Current Price
3.75p
Mkt Cap: £ 10.1m
Implied Valuation*
32.03p
(754% undervalued)

ok found it:

Chariot Oil & Gas Limited

(“Chariot”, the “Company” or the “Group”)

H1 2018 Results
? Drilling Campaign commenced at zero cost with the drilling of the Rabat Deep 1 dry well, Morocco. ? Ocean Rig Poseidon contracted to drill Prospect S (459mmbbls gross mean prospective resource), Namibia in Q4 2018. ? Placing and open offer raised net US$16.5 million in Q1 2018. ? 30 June 2018 cash position robust at US$28.4 million, no debt and all commitments fully funded. ? Back-in option for between 10% and 20% secured with Shell in Block C-19, Mauritania.

according to stockopedia is £28 million can anyone confirm current cash?

I subscribe to stockopedia that has this implied relative value 29.89p!!!

Chariot Oil and Gas as valued by the Relative Valuation Technique

Current Price
3.5p
Mkt Cap: £ 10.1m
Implied Valuation*
29.89p
(754% undervalued)

£30 million is 10.5p which is definitely where I have this valued today

Char £10 million mcap
RPT £125 million

Char also has other operations Brazil and Namibia
with big potential to increase prove up Morocco have you been to Morocco I have amazed how that's ramped up in last few years!

score hey not knocking RPT that also looks very nicely placed but just saying right here today theres at least 300% upside for CHAR its a tiny market cap not reflecting recent news:

Lixus Offshore Licence, 30km north of Chariot's existing Moroccan acreage, contains:

· Anchois-1 well gas discovery - 307 Bcf of 2C contingent resources offering near-term development opportunity

· Deeper potential not penetrated by the Anchois-1 well of 116 Bcf 2U prospective resource has also been identified

· Material tie-back opportunities from low risk, exploration prospects offer an attractive upside of 527 Bcf of 2U prospective resources in satellite prospects adjacent to the Anchois discovery

· Additional on-block exploration running room in licence

· World-class commercial contract terms with high gas prices in a developing market with growing energy demand offers a potentially high-value project

· Minimal initial licence commitment funded from current cash

· Future development anticipated to deliver strong returns and significant cash flow