Equity Capital Markets and Advisory Business, Auctus Advisors

Auctus Advisors

Equity Capital Markets and Advisory Business

Auctus Advisors is a specialist Equity Capital Markets and Advisory business with a focus in the Energy Sector. The partners have complementary skill sets, with decades of experience across Equity Capital Markets, Investment Banking and the Energy industry. We have worked at Société Générale, Canaccord Capital, BMO Capital Markets and Schlumberger. Most recently we have worked together for many years at GMP FirstEnergy. Auctus has been set up at the beginning of a new decade in which we see significant opportunities in the Energy space. Globally, demand for energy is at record levels and continues to grow. Conversely, investment in traditional energy sources has been severely constrained. We believe this imbalance creates opportunities for both companies and investors. Auctus provides Corporate Broking, Equity Research and Investment Banking services.

Equity Bottom-Up

<ul><li>Chariot is acquiring ENEO Water PTE for US$0.5-1.0 mm in Chariot shares.</li><li>The consideration for the acquisition is US$0.5 mm payable in Chariot shares on completion.</li><li>Further consideration of up US$0.5 mm, also payable in Chariot shares, would be due on the achievement of financial close on further water projects.</li></ul>

Chariot is acquiring ENEO Water PTE for US$0.5-1.0 mm in Chariot shares.The consideration for the acquisition is US$0.5 mm payable in Chariot shares on completion.Further consideration of up US$0.5 mm, also payable in Chariot shares, would be due on the achievement of financial close on further water projects.

Chariot Limited - Bringing Water Desalination Capabilities in House

Thematic (Sector/Industry)

<ul><li>Chariot (CHAR LN)C; Target price of £0.55 per share: Agreeing long term offtake gas sales principles is a very important step - Key principles for long term gas sales from the Anchois Gas Project have been agreed with the Office National de l'Electricité et de l'Eau Potable.</li><li>This is an important step ahead of the signing of a GSA with a very credible counter party.</li><li>ATOME Energy (ATOM LN): Raising new equity for Paraguay Hydrogen – ATOME has raised £3.74 mm of new equity priced at 106.2 per share.</li></ul>

Chariot (CHAR LN)C; Target price of £0.55 per share: Agreeing long term offtake gas sales principles is a very important step - Key principles for long term gas sales from the Anchois Gas Project have been agreed with the Office National de l'Electricité et de l'Eau Potable.This is an important step ahead of the signing of a GSA with a very credible counter party.ATOME Energy (ATOM LN): Raising new equity for Paraguay Hydrogen – ATOME has raised £3.74 mm of new equity priced at 106.2 per share.

<ul><li>Key principles for long term gas sales from the Anchois Gas Project have been agreed with the Office National de l'Electricité et de l'Eau Potable.</li><li>The gas will be delivered via the Maghreb-Europe Gas Pipeline.</li><li>Value and newsflow Taking FID at the Anchois project in Morocco remains the key near term catalyst and would take our Core NAV to ~£0.65 per share.</li></ul>

Key principles for long term gas sales from the Anchois Gas Project have been agreed with the Office National de l'Electricité et de l'Eau Potable.The gas will be delivered via the Maghreb-Europe Gas Pipeline.Value and newsflow Taking FID at the Anchois project in Morocco remains the key near term catalyst and would take our Core NAV to ~£0.65 per share.

Chariot Limited - Agreeing Long Term Offtake Gas Sales Principles Is a Very Important Step

<ul><li>Chariot (CHAR LN)C; Target price increased from £0.55 per share: Adding a new renewable power project in Zimbabwe - Chariot continues to execute on its strategy to build a 1 GW (gross) power business.</li><li>Chariot and Total Eren have announced that the partners will work on a solar photovoltaic (PV) project that will provide competitive electricity for the Karo Platinum Project, in Zimbabwe.</li><li>This compares to a read through value of Wentworth’s non cash assets based on the share price of Wentworth on 2 December of p per share (25 p less 12.9 p).</li></ul>

Chariot (CHAR LN)C; Target price increased from £0.55 per share: Adding a new renewable power project in Zimbabwe - Chariot continues to execute on its strategy to build a 1 GW (gross) power business.Chariot and Total Eren have announced that the partners will work on a solar photovoltaic (PV) project that will provide competitive electricity for the Karo Platinum Project, in Zimbabwe.This compares to a read through value of Wentworth’s non cash assets based on the share price of Wentworth on 2 December of p per share (25 p less 12.9 p).

<ul><li>Chariot continues to execute on its strategy to build a 1 GW (gross) power business.</li><li>Chariot and Total Eren have announced that the partners will work on a solar photovoltaic (PV) project that will provide competitive electricity for the Karo Platinum Project, in Zimbabwe.</li><li>Due to the nature of the operator of the Karo mine, we believe that Chariot will take 49% equity in the power project.</li></ul>

Chariot continues to execute on its strategy to build a 1 GW (gross) power business.Chariot and Total Eren have announced that the partners will work on a solar photovoltaic (PV) project that will provide competitive electricity for the Karo Platinum Project, in Zimbabwe.Due to the nature of the operator of the Karo mine, we believe that Chariot will take 49% equity in the power project.

Chariot Limited (AIM: CHAR): Adding a new renewable power project in Zimbabwe

United Kingdom

Chariot Limited is an independent oil and gas exploration group focused on Namibia and Mauritania.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Chariot Limited (CHAR LN)

Chariot Limited - Bringing Water Desalination Capabilities in House

Chariot is acquiring ENEO Water PTE for US$0.5-1.0 mm in Chariot shares. The consideration for the acquisition is US$0.5 mm payable in Chariot...

Auctus Advisors

Auctus on Friday - 16/12/2022

ATOME Energy (ATOM LN): Raising new equity for Paraguay Hydrogen – ATOME has raised £3.74 mm of new equity priced at 106.2 per share.

Auctus Advisors

Chariot Limited - Agreeing Long Term Offtake Gas Sales Principles Is a Very Important Step

Key principles for long term gas sales from the Anchois Gas Project have been agreed with the Office National de l'Electricité et de l'Eau Potable.

Auctus Advisors

Auctus on Friday - 09/12/2022

Adding a new renewable power project in Zimbabwe - Chariot continues to execute on its strategy to build a 1 GW (gross) power business.

Auctus Advisors

Chariot Limited (AIM: CHAR): Adding a new renewable power project in Zimbabwe

Chariot and Total Eren have announced that the partners will work on a solar photovoltaic (PV) project that will provide competitive electricity...

Auctus Advisors

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)