tell that to the people that have been waiting for months upon months and had delay after delay.
my reckon is cel 7c in three weeks because the market gets sick of a spec not delivering on simple time frames especially after a capital raising months before hand.
this well is closing in on a twelve month completion and they have done nadda except raise more money and do sqaut.
they are in a situation that screams (cant do all that is on the agenda in the next 6mths without the need for more cash).
this new farmin stinks of somthing bad to me because if it were that good why cauld they only manage to get a company like cel with limited cash to farm in.
if it were all what it seems eg. (straight up drill two holes tap in to lines already on the lease and reap the rewards yeah right) a cashed up company wauld have taken the lot and said goodbye to the owners.
my reckoning is that cel and management have to much goin on and they have more interest in rfe than cel so they are employing someone else to run cel.
and if anyone is interested our company secertary is also secertary for tnc-look that up and youll find what quality he has been persuing.
someone ages ago said that when they were called sunset they drill the oil well at cranmere and the well promised abundant oil and the went bye and after time cranmere just dissapeared and that poster said i hope this aint another cranmere.
well it is starting to look like another cranmere imo.
this last delay has really pissed me off.
and to follow it with an investor presentation pisses me off even more because we already new that.
all they have to do is test the well and how hard can that be.
cmon its been far to long and in this market you cant afford to frig around.
imo 5c is a reality and next cr maybe below that.
dreading the quartely and how much cash is left.
be interesting to no how much weight managment have put on over the last twelve months.
sentiment is dont really no
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Last
8.7¢ |
Change
0.001(1.16%) |
Mkt cap ! $179.8M |
Open | High | Low | Value | Volume |
8.6¢ | 8.9¢ | 8.4¢ | $205.7K | 2.376M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 236438 | 8.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.7¢ | 410381 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 236438 | 0.084 |
1 | 10855 | 0.083 |
2 | 112300 | 0.081 |
1 | 75000 | 0.080 |
1 | 145000 | 0.079 |
Price($) | Vol. | No. |
---|---|---|
0.087 | 410381 | 1 |
0.088 | 149032 | 1 |
0.089 | 540499 | 3 |
0.090 | 91782 | 2 |
0.091 | 25000 | 1 |
Last trade - 16.10pm 15/07/2025 (20 minute delay) ? |
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CEL (ASX) Chart |
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CC9
CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
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