Member Info for whimax

Lol. You don’t half waffle on redetermines. Always with the same underlying agenda too.
Good luck with your target entry price, whatever that is.

Don’t be fooled by the price.

16.6 to sell 16.7 to buy. EVERYTHING below mid price and will show as a sell.

Filtered that wnk months ago.

Complete waste of oxygen.

Duncan also said in Proactive Interview “ We’re also talking to various offtake partners at the moment in terms of gas sales” so one, or more of these could also drop at any point.

I honestly don’t see the price action as conducive to an imminent bid. If there is a bid, it would have to be realistic, and based on this mornings RNS, several multiples of the current price. It may also not be for the entire company as the Renewables & Green Hydrogen parts of the business will likely be retained.
Also, as mentioned earlier, Duncan specifically said in the interview “we have just had a successful fund raise and we’re well funded for the YEARS (plural) ahead”. So I don’t think there’s going to be another of those any time soon, imo.

General market conditions are the issue here with the SP I think. I see the Chariot BoD happily and quietly going about their business and delivering what they’ve said they would, one step at a time.
The SP & Market will catch up eventually, but in the meantime, the current value here continues to improve with every passing day.

“We’re also talking to various offtake partners at the moment in terms of gas sales….very attractive local market, but also the opportunity to export surplus volumes in to the European market in to Spain….”

Posted earlier, but possibly missed by some. Very good interview with Duncan Wallace (I much prefer his style and manner to Julian btw) and well worth a watch.
One thing he did say was “we have just had a successful fund raise and we’re well funded for the YEARS (plural) ahead.
Market really missing a trick here imo. I’ve topped up this morning.

https://www.proactiveinvestors.co.uk/companies/news/987912/chariot-s-technical-director-discusses-the-material-increase-in-its-offshore-morocco-resources-987912.html

GL all.

Danlawence filtered.

Nothing to add (same as SF) and more bother than he’s worth. Good night Dan.

BJK btw.

UT was a 1 trade.

News tomorrow? ;-)

Another proper pis5take today, beautifully executed, as ever.

I see. Sorry, thought you were being sarcastic.

Old habits lol.

Why would they do that Chablard?

Are you suggesting they are trying to disguise the fact that people may be selling? To what end?

Yep, and after 2 bits of decent news, there will be buy orders to fill now, so spread will stay wide to make the subserfuge easier, imo.

As always, the time to buy was last week, when most were whining, moaning and wetting their pants.

Mars1, I think that’s Mulder & ATrades going halfers, and buying in ;-)

It’s really not a case of “what they’d get away with offering”. Many people make this mistake when talking about t/o’s or buy outs, particularly with O & G companies.
All of Chariots Assets have a bookable/industry stand value, so it’s virtually irrelevant what the “market” is currently valuing us at. If someone wants to buy Chariot, they will have to come in with an offer which represents fair value for their assets.

Just because we are currently at 19p, doesn’t mean a 100-200% premium to todays price will be acceptable, or offer fair value for what we have.

Darkini, you have to look at buys v sells, that’s the only thing that matters and what drives the price……….oh wait lol.

Alternatively, the current proven 2c reserves of 361 bcf which Chariot value of $900million increases to 1Tcf+ In the (hopefully soon to be announced) CPR and the share price doubles or trebles to 50-60p then drifts back to settle at 35-45p until further off take agreements or farm in is announced, before heading up to 75p.
You pays your money, your takes your chance.

GL whatever your strategy xx

“An updated research note out from Peel Hunt. PH state that ‘factoring in the recent fundraise & an increased gas price assumption PH’s TP has risen from 35p a share to 44p a share'. PH reiterates its Buy recommendation.”
https://twitter.com/chariot_energy/status/1537033713745375234?s=21&t=Bl618KCe6j1MPpDVWjfRDw

Liking the look of this price action. Held up really well yesterday on what was a horrible day across the markets.
The beauty of the price remaining significantly above the offer price throughout the placing timeline, is that anyone who wanted to sell/trade a few, could have (and should have) done so prior to the shares hitting their accounts yesterday, meaning no sell off yesterday and today.

Onwards and upwards now hopefully.