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AIM:CHAR OTC:OIGLF

Chariot Ltd

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Market:
AIM
Price
1.45 GBX
Day Change
-1.69%
Market Cap:
£22.18 m
52 weeks high
7.98
52 weeks low
1.18

In brief

Chariot Ltd is an Africa focused transitional energy group with three business streams, Transitional Gas, Transitional Power and Green Hydrogen.

Transitional Gas is focused on a high value, low risk gas development project offshore Morocco in a fast-growing emerging economy with a clear route to early monetisation, delivery of free cashflow and material exploration upside.

Transitional Power is focused on providing competitive, sustainable and reliable energy and water solutions across the continent through building, generating and trading renewable power.

Green Hydrogen is partnering with Total Eren and the Government of Mauritania on the potential development of a 10GW green hydrogen project, named Project Nour.

Snapshot

  • Chariot raises another $1mln as open offer is oversubscribed
  • Small cap oil and gas stocks to watch in 2024 – part one
  • Chariot funding deal an ‘initial validation’ of Etana subsidiary, says Stifel
  • Chariot Limited secures $100M guarantee to boost renewable power with Etana Energy in South Africa
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