Cluff Natural Resources Share Discussion Threads

[clickon] 05/9/2017 08:25

Plus, we really need to cut our costs!

[clickon] 05/9/2017 08:18

We shouldn't be relying on BP it's a different drill. There is plenty of activity in blocks around us already, that should be the driving force. Nothing said about BP anywhere are they still drilling it ?!

[kristini2] 05/9/2017 08:12

Bron- you are an eternal optimist !! Invested in an AIM company before have you ?

This will be my last

The govt give nothing away- they allow BPR on AIM stocks knowing AIM is full of asset wasting 'investments' and so in reality any IHT relief after two years will on AIM assets that will be valued at a lot less in any event

[bronislav] 05/9/2017 07:26

Given the delays in a deal being signed off it may be the BP drill is pivotal in those delays.

[kristini2] 04/9/2017 15:04

Emirates via Dubai; and first class , nice

[iamnotanumber6] 04/9/2017 12:07

Aww bless him, it's good for unreal to dream.....

[therealdeal5] 04/9/2017 08:25

My Darling Kristini, Thailand next month if you really want to know, and with such a long flight we always upgrade to 1st 👍 I don't send postcards but might send a few photo's, will be in Khao Lak for 2 weeks,

[therealdeal5] 04/9/2017 08:23

Solo have 1.3 TCF yet they are trading above [...]

[kristini2] 01/9/2017 14:07

How was the thia trip REal ?

Do the airlines charge you extra, i would imagine that your Ego takes up a second seat !

[anley] 01/9/2017 10:31

Therealdeal5........you may like to consider calling a general meeting of CLNR and if you do then you can have my votes and who knows other shareholders.......you need another 16.5m votes..........and then you can propose your ideas.

I am refereing to the news below.

Elliott Management has raised its stake in BHP Billiton (NYSE:BHP) to 5%, stepping up a campaign to pressure the miner into boosting returns, ditching its dual listing and quitting its U.S. shale business.

Under English company law, the threshold gives a shareholder the right to requisition a general meeting and circulate a resolution on which other investors can vote.

[therealdeal5] 31/8/2017 18:34

Well I have said for some time now PMg will more than likely tie up with us, no one else has mentioned a company as far as I'm aware, some people just hate others being smarter than them, Im speaking wordog, stop the snide remarks Geez!

[clickon] 31/8/2017 18:28

Ultimately performance led remuneration on salaries should be de rigeur. I would be embarrassed to keep the same level of remuneration when loyal long standing shareholders continue to take the hit. I'm not talking impoverishment either.Not sure if the cost of rent on the offices in Westminster is justified.Good to be at the centre of things, unfortunately as before the government, who are just around the corner are too inept to have a coherent energy policy and goodness knows Algy has connections there!

[clickon] 31/8/2017 18:17

We're all taking the downside, I think a gesture to reduce costs in the present situation, cutting ones cloth would be appropriate.

[anley] 31/8/2017 17:44

Cluff can get the money but there has to be a deal as well.
Fresh money will only be going to pay for the board etc and as I have said more than once this is an annual cost of about £900,000.

[bronislav] 31/8/2017 16:49

Angus..It is always a possibiity but mr cluff does tend to be successfull.I doubt we will have trouble raising money especially if a deal is close, as one would suspect the money chaps will get to know of any impending deal and will park their cash accordingly.

[angus17] 31/8/2017 16:26

Plan b
The interested party gets the company for very little when it runs out of cash.
Story of aim.

[clickon] 31/8/2017 16:05

There certainly should be a plan B if none of these interested parties gets on board with us.

[clickon] 31/8/2017 16:03

We need more imaginative financing, and better publicity, UKOG managed it.

[clickon] 31/8/2017 15:57

Why don't we do a larger placing to get 2 lower risk drills underway. Would the subsequent dilution be offset by success with those and the ability to compensate by growing the business faster? Slightly UKOG style or part this and part private equity instead of 2 partners?

[bronislav] 31/8/2017 15:14

Looks like we could of sorted the placing if share price is anything to go by.

[wordog] 30/8/2017 22:11

They have pretty much said that they are in discussions with a number of mid and prime companies who aroeady operate in the area. Doesn't take much to narrow that down.

A case of when, rather than if IMO.

Hopefully before we get another fund raise, but it will be a close run thing either way.

[kristini2] 30/8/2017 21:40

REal

Pure conjecture

[therealdeal5] 30/8/2017 20:30

Well I now believe even more after today's drop and also Parkmead groups drop in price today of 2.5p that a deal of some sort is in the pipeline between the two
companies

[bronislav] 30/8/2017 19:24

Content to wait until algy gets the deal done,we sit on significant assets and we have interested parties.Patience is key and these drops provide an opportunity to bring ones average down the if funds allow.Things change quickly and sentiment towards algy can go from derision to back patting in quick fashion given the right deal.

[clickon] 30/8/2017 14:40

No mention of BP