Cluff Natural Resources Share Discussion Threads

[clickon] 18/9/2017 09:25

Yes it does sound right, hopefully then we can get something done!

[anley] 18/9/2017 09:14

Yes you are quite right to say..."his concern is the business and its success"......as I said in a BB post months ago........this is his last chance.

So for the big gambler now is your last chance to buy before another 100m shares or so are issued.

At 4p the M/C will be £16m.......so does that sound about right with all that gas and having to give a chunck of equity away?

[clickon] 17/9/2017 21:56

That sounds about right.

[bronislav] 17/9/2017 10:53

Deal accepted or offers tabled at this stage.
Placing sorted with certain groups /individuals and not PI,s
Placing announced.
Deal announced
In my speculative view.

Algy is a winner and will be connected to the right people.His concern is the business and its success .
Individual shareholders are not his concern.

[therealdeal5] 16/9/2017 08:09

Algy get on with it! Instead of writing books FFS he is so up himself it's untrue !

[wordog] 15/9/2017 08:42

It's an AIM O&G play, it's going to come with significant risk. Only buy what you're willing to lose.

[johnmcd51] 15/9/2017 08:33

Am in at 4.5p and getting nervous, above posters seem pretty confident, should I be, I did believe in this and when it went to 7p, great, then that £15m? , was it a placing, when it was halved and been going slowly down since, what are other real prospects of getting back to 5p at least, anyone any real ideas, knowledge, experience.

[clickon] 15/9/2017 08:03

Thank you very much Wordog, at least that sounds like a plan b :-)

[wordog] 15/9/2017 07:49

Clickon, it's on the list RNS and has been previously mentioned.

[clickon] 15/9/2017 07:37

Hi Wordog I wasn't sure where it said we were looking at self funded options? That would be good!

[bronislav] 14/9/2017 17:49

Anley,yes I would suspect for algy to be even.considering the bid round is kind of a heads up for me that he is confident of some sort of deal emerging,and fairly soon.

[clickon] 14/9/2017 17:33

There should be a placing sooner than later so we can 'get on with it '!

[wordog] 14/9/2017 17:13

As stated, we are also looking at self funded options. This is likely to be drill and core sample testing, before then releasing the results and farming out for further appraisal and production. Seen it before with LEN in China.

[wordog] 14/9/2017 17:10

Sometimes they also shut in the well to allow the pressure to build prior to stimulation.

Either way they are probably moving the fracking equipment onto the rig, installing and then testing would be my guess. But the core samples are the key, if the results are poor they might not even bother testing.

[anley] 14/9/2017 16:55

I quite agree Bronislav on the point about "wont be getting anything in the 2017 bid round" unless he has a deal. Why should the government grant when there could be lots of others with capital in line for a deal.

[bronislav] 14/9/2017 16:50

Once the placing is out of the way then I believe we will see action,gas is the fuel of choice,clean and relatively abundant,BP in my view will find our assets attractive and algy wont be getting anything in the bid round unless he strikes a deal.job done in my book but speculative and only an opinion.Let the big boys fill their boots first .

[clickon] 14/9/2017 16:22

Apparently the Ravenspur well is 'Shut in' as I understand it that means the well is capable of producing. As always DYOR because I cannot confirm these details.

[clickon] 14/9/2017 16:14

The 700k trades were indicated as 'LC trades' which means cancelation, bit odd. Both were marked LC exact same time same date.

[maytrees] 14/9/2017 16:10

Further fall in bid share price confirms - imho.

[maytrees] 14/9/2017 16:09

Those 200,000 trades must be sells. Quite a number of late.

[clickon] 14/9/2017 15:50

Very likely some of those sells are probably buys

[maytrees] 14/9/2017 15:12

TX Bronislav.

[bronislav] 14/9/2017 14:59

The 700 k was at two different prices,one yeserday and one today.