RE: The Principal Risks here6 Dec 2020 13:16
OH, it’s an interesting question you ask, with rather obvious answers, if you have done your research imo.
Below is a list of news we would expect to receive in the coming days, weeks and months, some of which MUST happen In order for Morocco to become a commercial success.
IMO, the biggest risk for exploration companies is finding the substances in large enough quantities to make extraction financially viable. That part is already taken care of. The other steps involved WILL happen imo, it’s merely a question of how long they take to achieve, and how much of the pie Chariot are able to keep for ourselves versus how much needs to be given away. There looks plenty to go around, so imo, THEE BIGGEST RISK to private investors, is a lack of patience.
GL
Gas off take agreements
Resource upgrades over Lixus.
Anchois Appraisal drilling partnering and financial structure it will bring i to the company.( back costs, bonus ???)
Anchois Finance structuring and planning
New project announcement/s.
Exploration Drill Partnering for 1 or more other of our portfolio licences.
TR 1 Holding announcements by IIs and other parties.
Anchois FEED news.
Anchois development news.
Life of field modelling On Anchois and the different scenarios .
Lixus satellites drilling Partnering.
Potential Normal structured Equity raise/s As SP raises acutely and the company evolves .