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EPIC CHAR
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Chariot – Frankly I am frustrated with myself

I last wrote about Chariot Ltd (CHAR) last November prior to its name change from Chariot Oil and Gas twice last year.  I was rather hopeful the company had changed its ways, established over many years, of diluting shareholders by raising cash to drill holes in the ground often after saying it planned to farm out for funding. The company did this once again in May this year, significantly diluting shareholders via a placing. I was not best pleased.

EPIC CHAR
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Chariot Oil & Gas – Re-rated, but is it still a buy?

I’m sure most readers know I have been rather grumpy about my favourite sector, oil and gas, since March / April this year. In fact I have had very little positive to say about most companies in the sector all year. Chariot Oil and Gas (CHAR) was one I highlighted in July, having responded to a fellow shareholders concerns and comments. I was positive but cautious. It’s done rather well since, and its shares are up by some 500% since then. But what now?

EPIC CHAR
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Chariot Oil & Gas - a couple more emails from (rightly) disgusted shareholder Mo Majid

Earlier today I flagged up an email t0o the great and the good from disgusted Chariot Oil & Gas (CHAR) shareholder Mo Majid which raises major questions. Now, thanks to Winnileaks I publish two of the 17 emails sent by Mo to the company and its evil PR spinners Celicourt wheich went unanswered. they raise grave questions about Chariot and also about its use of Fat Bastard, the whore blogger, Malcolm Graham Wood to ramp the shares. Enjoy. 

EPIC CHAR
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Chariot Oil & Gas - a disgusted shareholder writes

The following letter has just been sent to the great and the good of the political and media classes and the creme de la creme of the AIM World. Natch I did not get a copy but it arrives via Winnileaks and appears a damning indictment of Chariot Oil & Gas (CHAR) and certainly would not tempt me to buy the shares at 1.96p. Enjoy...

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