Cluff Natural Resources Share Discussion Threads

[doshdabbler] 16/10/2017 10:40

Bought in or added Anley? Don't tell us you haven't been invested all this time

[anley] 16/10/2017 10:23

I have bought in again as Mr Dorfman is not one to buy in to a dud business especially at this stage of its development.

So now we know who the buyer was the other day........

[gheebee] 16/10/2017 09:42

Prince's Trust International, Algy's wife, ah got it! That explains why Algy had that strange interest in Workington and in stuff under the seabed.

[clickon] 16/10/2017 08:33

Interesting

[wordog] 16/10/2017 07:47

Founder of Travelex and self made billionaire.

Not a bad guy to have on the books.

Interestingly, he chairs the Princes Trust Council, upon which Cluff’s wife also sits....

[doshdabbler] 16/10/2017 07:34

Someone believes. Let's hope for more TR-1s

[bronislav] 16/10/2017 07:23

Lloyd dorfman CBE.

[clickon] 15/10/2017 12:33

Thank you, I missed that.

[doshdabbler] 13/10/2017 21:09

At a glance, it seems right to me. The 2.5m trade was delayed from yesterday

[clickon] 13/10/2017 20:20

The volume for the day is wrong.

[doshdabbler] 13/10/2017 18:53

If those sells at 1.55p are by placees, then they're making a grand total of 3.3% on their "investment". Each to their own, but doesn't seem worth the bother to me. Pity the FD couldn't get some quality investors at that price.

[clickon] 13/10/2017 11:57

Doshdabbler, yes he does. He's a very decent chap!

[doshdabbler] 13/10/2017 09:22

Yes, St Brides are notoriously bad

[anley] 13/10/2017 09:14

And CLNR need a new PR team and even a new broker..........

I will add a few this morning @ 1.6p.

[doshdabbler] 13/10/2017 09:03

Close enough to placing price for me so I've added. If Graham Swindells really does read this, it's time for CLNR to earn its keep. Poor so far

[wordog] 13/10/2017 08:59

Nice story Bushman, I believe Algy is a man of integrity.

[wordog] 13/10/2017 08:58

Final top up from me this morning, not willing to risk anymore cash, but still optimistic.

[clickon] 13/10/2017 08:07

Dealing before 8.00 am!

[clickon] 13/10/2017 08:05

Tree shake this morning?

[clickon] 13/10/2017 07:46

IOG's partner is BP!

[clickon] 13/10/2017 07:41

IOG Directors have accepted all or part salaries in the form of shares and options. This must happen at CLNR.

[clickon] 13/10/2017 05:14

Bushman 1 if it had not been for Algy I wouldn't have noticed CLNR in the first place.

[clickon] 12/10/2017 22:59

Thank you for the figures euclid5

[euclid5] 12/10/2017 21:20

comparison to IOG NPV values

IOG first

NPV/share £321,000,000
shs in issue 106000000
NPV/share £3.03
share price 0.26
Upside to NPV value 1065%

Significant prospective resources in Harvey to be published in a forthcoming separate CPR - so an increase in NPV value expected - how much we don't know yet?

Seems they are more advanced that CLNR as submited a FDP - however we have 1,750% more NPV upside to the Risked valuation on CLNR compared to IOG's figures today

Independent Oil and Gas plc ("IOG" or the "Company"), the development and production focused Oil and Gas Company, is pleased to announce that it has today submitted the Field Development Plan ("FDP") to the UK Oil and Gas Authority ("OGA") for the Blythe Hub, which comprises the Blythe and Elgood fields.

Commercial negotiations continue to be progressed upon the basis of deferrals of a substantial proportion of contractor costs as well as prepayments from potential gas offtakers to help meet the funding requirements.

ndependent Oil and Gas plc ("IOG" or the "Company"), the development and production focused Oil and Gas Company, is pleased to announce that it has signed a Letter of Intent ("LOI") and Consultancy Master Services Agreement ("CMSA") with Schlumberger in relation to development of its two Southern North Sea gas hubs, the Blythe Hub and the Vulcan Satellites Hub.


_____________________________________________________________________

CLNR

NPV Values price Upside to current price Percentage increase

Unrisked 6.97 0.0165 695p 42,142%
Risked Basis 0.47 0.0165 45p 2,748%

See page 13 from report below:

hxxp://allenbycapital.com/research/research-cluff-nat--resources_20_2084459540.pdf

[bushman1] 12/10/2017 21:18

I had the privilege of meeting Algy many years ago. In those days I was at The Savoy. He needed a gold, silk tie pressed one evening in a bit of an emergency, all duly sorted ! I was impressed then, we all were. He was a guest we were always proud to welcome. Duran Duran checked in that evening as well, that'll give you a clue to how long ago this was.. I bought a chunk of CLNR last week. I've been investing in O. & G stocks for a number of years. My decision was based not only upon my research, not only because of our assets but because of the man. Algy is now in his seventies. I can't see him not wanting to retire from a lifetime of achievements on anything other than absolute success. He very kindly gave me a tenner for getting his tie pressed that evening. I've reinvested that tenner last week. I hope it might make me a few pounds now :)