Member Info for whimax

Pop it in your “middle drawer” till 2026 redetermines, and come back then, there’s a good chap!

What are you taking about redeyemines??

4.5m Bought

2m Sold

The more you read it, the better it gets 😳😊

Absolute stonker on a deal.

Also, I don’t want to hear the words “Chariot” “Ship” and “Leaky” in the same sentence, ever again 😂

30% Retained

$850m for a further 10% if they want it 😊

Energean to acquire 45% and 37.5% interests in the Lixus and Rissana licences respectively, and take operatorship of both licences

· Chariot will retain a 30% and 37.5% interest in Lixus and Rissana respectively, with ONHYM maintaining a 25% stake in each licence

· Chariot will receive:

o US$10 million payable on completion of the transaction

o US$15 million payable on Final Investment Decision ("FID")

o US$85 million gross carry including:

§ All Lixus costs up to FID, including the additional Anchois well with a gas flow test

§ Planned Rissana seismic acquisition costs separately capped at US$7 million

· Following completion of the Anchois well, Energean will have the right to acquire a further 10% of Chariot's equity in the Lixus licence for:

o US$850 million gross development carry to first gas (including the US$85m gross carry)

o US$50 million 5-year zero coupon convertible loan note with a strike price of £20 adjusted down for dividends or issuance of three million Energean shares, at Chariot's option on FID

o 7% royalty payment on Energean's gas production revenues in excess of a base hurdle on the realised gas price (post transportation costs)

· Energean's carry of Chariot's costs is non-recourse, and has a coupon of 7% over the one year Secured Overnight Financing Rate (SOFR), with the carry including interest repayable from 50% of Chariot's future net sales revenues from the Lixus licence

Think he’s just trying to wind up kb/Smyth 😂

Ianfer, I think we’re all a little frustrated/disappointed that the Farm In is taking longer than hoped/planned for, however kingbilly has been posting the same stuff, day in, day out, ad nauseam for almost a year now.

In addition, and at the same time, he’s attacked respected posters for sharing their invaluable research, and has ultimately driven them off the BB with his rubbish!

His latest post is case in point. He takes a pop at Jimmy for posting relevant info, calls him a “happy clapper” (or something else from his pathetic repertoire) then has the brass neck to ask him “for his thoughts”. You honestly couldn’t make it up. The guy’s an absolute headcase!!

Imagine folk getting fed up, or not wanting to post on the same BB as Kingbilly.

Who would ever have thought that would happen!! 🙄🤡

There is no telling whether it’s a Buy or a Sell. It’s late reported so could easily be either.

Lol, your such a phanny!!

Well stop watching then ffs!! 😂

Honestly, you’ve no idea how pathetic you look/sound.

If you don’t like it, sell and leave. If you can’t watch, switch off and go and do something else. But for the love of god, stop whining, moaning and greetin!!

Oh, and now we’ve got your alter ego on, wondering where the positive posters are, to help you feel better about your investment. Couldn’t make it up 🤡(s) 😂

A 55k UT on a 150k total volume day? 🥴 You’re taking the pish guys!,

Pretty sure he sold out a long time ago, Soup, and now just here posting for sport. 🤡

Lol. We’re all doomed cos the price hasn’t gone up on news we haven’t had yet 🥴

I doubt we’ll ever know Gooner, but the good news is, it looks like whoever is manipulating/controlling it, is doing so with relative ease.

Assuming their intention (once they’ve finished what they’re doing) ISN’T to manipulate the price downwards, it looks like they’re capable of taking this pretty much to wherever they like.

They might even want to take it to KB’s 30p takeover price 🙄😂

Before we guess, can you explain how you arrived at 30p?

Full steam ahead now.

“This approval gives us the green light to move forward” 👍

Https://x.com/chariot_energy/status/1719303702673068216?s=61&t=n_2hkWpElgdgvzOpn_RbHg

Lol. Not sure why we’d get any kind of meaningful reaction to the SP from this. It may or may not turn out to be the roadblock that’s been holding up the Farm In signing, but let’s be totally honest here……..who of us even knew this EIA was still outstanding? Come on, hands up!!

It’s another box ticked.

So a totally different conversation to the one we’re having now? 👍🏻