The Lemon Fool

Web site : https://www.chariotenergygroup.com/

Chariot is focused on transitional energy projects across the continent of Africa via our Transitional Gas and Transitional Power business streams.

Just about to spud potentially transformational well.

Placing done at 7p.

Directors took of 1 million pounds of shares in the placing, so plenty of skin in the game.

High risk but very high reward play. Not for widows or orphans.

Commencement of drilling : https://www.investegate.co.uk/chariot-l ... 00046585V/

Directors share purchases : https://www.investegate.co.uk/chariot-l ... 35046596V/

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New December 2021 Investor Presentation :

https://www.chariotenergygroup.com/wp-c ... imited.pdf

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Nothing is going to move much in December. December is the month of year end selling..............

Churn around the placing price most likely through to January 3rd.

Same likely with PANR.

But I am expecting any stock with Q1 activity to burst into life as all the year end sellers buy their positions back and short term traders pile in.


I expect CHAR, PANR, ADV etc... to all burst into life as the new year starts and put on some big rises in January.

Tremendous result !!!!!!!!

https://www.londonstockexchange.com/new ... l/15280043

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Excellent update:

https://www.londonstockexchange.com/new ... o/15547684

20 July 2022
Chariot Limited

("Chariot" or the "Company")

Material Increase in Gas Resources Offshore Morocco

Increase to 1.4 Tcf in total remaining recoverable resources (2C plus 2U) at the Anchois Project

Range of targets de-risked in a basin-scale exploration portfolio with multi TCF potential...........................

Anyone got a strong technical view on whether this will work? I remember there were some guys with an industry background on this forum who were the only ones who saw HUR playing out as it did.