Don't like doing threads but have been alerted to this one as it trades well below cash position and allegedly has directorate links with the massive Petrobas. Last broker target was something like 165p - currently 26! The bates is in.

lol Bb..

You are a long time dead..!

cheer yourself up by looking at the chart back to 2009 ...... you would then see that you could well have done your dosh big time - still not impossible! - and it is only within the last couple of months that the 2009 level of 150p was surpassed.

meanwhile, as hali correctly intimates, it is yet to be proven whether or not this latest guff is real or just real pie

if it's real, then there's still plenty of pennies to be made - if banked

indeed, i see that now the market has digested further, sp is up a bare 6p ..... so perhaps a further dose of cynicism will not be untoward

cynic, the guru of BS LOL!!

I smell that the cap in hand coming,they aint got much money left hence ramp the price up with the same hype.

Cynic, now you say you don't know after making so many comments on this thread. So are you in CHAR or not?

answered in 342 ..... am i convinced it was a smart move? .... no

Just a cautionary note from The FT sector watcher:
"Chariot Oil & Gas - CHAR LN
More spivvery from the CHAR boys, with yet another increase in estimated prospective resources offshore Namibia, now up to a remarkable 13bn barrels of oil from 10bn barrels previously (now 9.7bn barrels net to CHAR). On the basis of recently acquired 3D seismic, the group also now believes that the chance of success on its primary "mega-structure" has increased from 16% to 20%. I'm more concerned about the fact that the group has yet to announce a farm-out to a partner, something it has been promising for months, and there's no mention of that in today's release. Don't get me wrong - there is enormous potential in Namibia, I'm just not sure CHAR warrants the eight-fold increase in its share price during the past 12 months to give it a current market cap of over $500m. Shares probably go better today, but at some point soon they need to deliver. Long-term sell in my view.

thanks harry ... TossA will no doubt preach that we don't know what the f we're talking about

you dont, tossa.

Itsa 10 bagger for me I'm happy to hold to 330p.

what about funding they have 10 mill left tops, they keep hyping the size of the fields up with out even drilling.......its a bubble and its going to get popped.

TossA will PROVE to you that you are just a total and utter imbecile to hold such beliefs - or at least until he decides the facts he propounds have changed

Is that before the retrace to a more realistic 180p, or after?

cynic, all anyone needs, to know the depths of your investment prowess, is a proctologist.

those jerusalem artichokes really are giving you a bad case of wind ..... try taking some slippery elm

slippery elm? beats your job of sucking a fishermans friend LOL!!

ain't as good as sucking the fisherman, especially if he's been at sea a few days

Oh, cynic, you certainly have experience on that one.

i do i do ...... yummy yummy! double rations of salt