****UPDATE - In our original piece we incorrectly quoted CEO Larry Bottomley from yesterday's shareholder call. The original budget estimate for Prospect S remains at $20m-$25m, of which...
Chariot Oil & Gas
Chariot Oil & Gas issues bullish update – but are things more complicated than they seem? (CHAR)
Shares in Chariot Oil & Gas (LSE:CHAR) inched up 1.3pc to 8.4p today following an upbeat AGM statement, but scratch a little deeper and the firm’s situation may not be as clear-cut as...
Could a placing be on the cards for Chariot Oil & Gas? (CHAR)
With a £30m market cap and 8.6p share price against an estimated cash balance of c.$30m, Chariot Oil & Gas (LSE:CHAR) looks like an interesting buying opportunity on the face of it. The company...
Duff drill cripples Chariot Oil & Gas and reinforces the importance of a solid funding strategy (CHAR)
Chariot Oil & Gas (LSE:CHAR) reminded commodity firms how important it is to correctly manage their funding strategy yesterday. The company’s shares collapsed by nearly a third on the back of an...