RE: The Plot Thickens28 Aug 2025 13:29
Far too negative. Chariot is massively undervalued – sitting on multi-TCF gas at Anchois/Etana plus a fast-growing Power arm, yet trading at a fraction of NAV. They’ve got ~£8m cash, minimal overheads, and are fully focused on securing a farm-in. Splitting the business isn’t about ditching shareholders, it’s about unlocking value fairly. Silence just means talks are live. Any progress on gas or Power could rerate this in a big way.