Cluff Natural Resources Share Discussion Threads

[bronislav] 22/10/2017 11:10

I have come to accept the.city workings,it may well be unfair but we cannot alter it.Learning to work within those city practices is the key but I am mindful its a game of snakes and ladders and I have more snakes than ladders in my trading history.

[anley] 22/10/2017 10:55

Hi Fellas...............this will be the 3rd time this has happened.

The first @ 1.5p the second at 2.5p and now this one @ 1.5p ..... that is how the City screw us and CLNR.

Lets see what happens when I expect over 10% of the company's shares to change hands once an announcement is made and don't forget that the last 25m shares will be placed after Thursday the day of the EGM.

[kristini2] 22/10/2017 10:34

GReatland Gold recently placed at 0.45- a couple of weeks ago-the price has taken off since and now stands at 2.2p- why were the shares placed so low ?

[11_percent] 22/10/2017 10:18

Indeed....they buy at 1.5....sell at say 2+......25% for nothing.

Complete scammm.

[bronislav] 22/10/2017 10:13

.yes 11percent that I also agree with.Deal or no deal the placees make a healthy profit.

[11_percent] 22/10/2017 10:00

Walked down for a placing and now walked up for an announcement.

=====

Walked down for a placing and now walked up for the profit......don't need a deal.

[clickon] 22/10/2017 09:41

Let's hope so !

[bronislav] 22/10/2017 07:52

Walked down for a placing and now walked up for an announcment.

[limited access] 20/10/2017 19:25

Interesting late buy @1.95

[soulsauce] 20/10/2017 16:32

Another good day on our recovery. Will take these daily rises. If we can break and hold 2p then next stop 2.5p.

[clickon] 19/10/2017 20:26

Correction I suspect it was a buy!

[clickon] 19/10/2017 20:24

I can only see one 2.5m trade but I suspect it was a sell. It was also an OK code which means it was requested to be reported late.

[ibs7491] 19/10/2017 18:34

i can see one deal at 12.01 for 2.5m which is reported late i was thinking it was a buy as the ask rose after...where is the second one reported at...

[anley] 19/10/2017 17:43

Did you notice the 2 x 2.5m sales this afternnon?

I am trying to make sure we are all aware of what is going to happen with the 66m shares being issued...........

[anley] 19/10/2017 14:13

That is true KRISTINI but the market will have over 15% of an expanded share capital to sell into so news will be a very big factor in having these sellers absorbed. I have seen this so many times and in fact just look at what happened to CLNR share price last year........see above charts.

We shall have to watch and see what happens..........the EGM starts a new time table for me........CLNR gets the SHORT TERM funding...........next comes details on the old and new licenses.........and finally who the partner is.........and all of this has to happen before the new cash runs out by mid Q2 2018.

[kristini2] 19/10/2017 13:42

any short term volatility caused by the selling of recently acquired stock is academic; newsflow will drive the stock price over coming months as and when and if...

[soulsauce] 19/10/2017 13:37

anley obviously anything you can find on a farm out but just happy to hear anything you can glean from the BoD. Thanks in advance.

[anley] 19/10/2017 13:33

Now 1.80 offered.............at long last this may be on the move BUT I am concerned that those who get them at 1.5p will take profits.

I have decided to go to the EGM next week so what questions would you like me to ask the Board of CLNR?

[soulsauce] 19/10/2017 13:22

Well done kristini caused a tick up as well.

Should keep strengthening towards hoped for news.

[kristini2] 19/10/2017 13:15

i've just added 500000 at 1.75 so now almost 3m shares held

where's The REal DEal ? is he still in thia ?

[clickon] 19/10/2017 12:57

Think your right, I'll get some shares in IMO :-)

[cottoner] 19/10/2017 11:50

IOG 'Seems they are more advanced that CLNR'

bit of an understatement IMO :-)

[clickon] 19/10/2017 11:42

Interesting that people are paying over the placing price!

[euclid5] 18/10/2017 21:41

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.

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 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

[clickon] 18/10/2017 20:54

Thank you Wordog, I thought we might get a deal, as I understand it they have a rig division, maybe though there not as hard pressed as some operators.