Chariot Oil & Gas - Re: CHAR Stream Log - Larry has been very clever...

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Re: CHAR Stream Log
21:50 10/11/2017
FQ320MR
0 replies 0 0

Larry has been very clever with the use of an outside analyst on the last presentation ; this allows Chariot to distance themselves from his calculations on Chariots cash postion - he has stated Chariot has US $22M at this time when really this figure is much less as US $22M is from June 30th - This figure also doesn't take into account bank Guarantees which stand at US$ 7.62M !! This money can be used but other securitys must be found to tkae it's place. It's hard to see how Larry can go into this drill without raising new capital as a failure would make any new placement a much harder task.

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