Cluff Natural Resources Share Discussion Threads

[soulsauce] 29/6/2018 09:07

I don't doubt that kristini but successive statements over the last 18months and the infamous press pieces have led us to believe things were a lot closer.

[kristini2] 29/6/2018 08:57

There's not much management can do to speed up the progress Soul, this process takes time...

does seem odd that people are selling now ( a few going through) , emotions are dictating people's decisions

[soulsauce] 27/6/2018 08:51

Lol caters the way things have been run in the last 18months I didn't think there were any hands on the tiller, if you discount the one feeding the press articles.

[caters] 27/6/2018 08:41

He can't help himself.... there's more than one hand on the tiller here by the look of it.

[soulsauce] 27/6/2018 08:37

Interesting that Algy did the schpeel in the RNS, thought he had stepped aside from such things.

[talkman2] 27/6/2018 08:32

When is this company going to actually deliver. The licenses are sweet fa if we don’t have the where withal to actually do anything with them.

[oilbuy] 27/6/2018 08:25

Always better to be cashed up when trashing out a deal.

[bronislav] 27/6/2018 08:01

In respect of the September date for a drill or drop decision,this date must have been decided on the back of presentations by Cluff to the OGA and it means little as the OGA would not award ten blocks only to take away the two existing blocks a few months later.The OGA must know what's coming.
Aland1 agree,I also suspect the blocks awarded correspond with whatever was being thrashed out before any bid round decisions were made.i also agree that patience is key here with algy likely to go out in a blaze of glory before he settles down to his more mundane plan of wine making.good luck to him .

[aland1] 27/6/2018 07:58

Exactly Bronislav. A deal is being thrashed out in the background IMO and the OGA are well aware that this is the case, otherwise why award CLNR these additional licences when they have not even proven up 2248 and 2252? Very frustrating for all small shareholders, but patience is key. Hopefully not too long to wait before the real news drops. GL all.

[catsick] 27/6/2018 07:46

Will be interesting to see where the placing shares end up, prob see some holding rns out over the next few days...

[bronislav] 27/6/2018 07:32

First thought was yesterday's rns was pointless and second thought is why would we be rewarded so generously in the bid round.With uncertainty about meeting the September date under the terms of the licence why would the OGA waste their time.It can only suggest the OGA is privvy to Cluff information that the general market has not seen.imo..did investors know about the placing when algys mail article was published
and we saw a rise to circa4p.?

[talkman2] 27/6/2018 07:27

Same old , same old .

[bountyhunter] 27/6/2018 07:21

that's a surprise, so approx a 20% dilution

[caters] 27/6/2018 07:18

* 100m shares extra

[caters] 27/6/2018 07:18

1.5p > 1.6p > 2.1p ... Placing prices keep going up, so that's good, but nearly 100msharss extra.

[bountyhunter] 26/6/2018 19:41

absolutely none whatsoever, for the avoidance of any doubt !














🐖 🐖 🐖 🐖 🐖 🐖

[soulsauce] 26/6/2018 19:39

Been no manipulation though 😂

[bountyhunter] 26/6/2018 19:32

Yes Br it could be done and dusted by now in which case we should hear tomorrow. After the fiasco of talking the price up then the recent supposed leak accompanied with the price crashing right back down again and beyond I just hope they have the decency to include us PIs in any mates rates cash raise with a decent proportion of any equity raised.

If any potential cash raise is on the cards and already agreed (this is guesswork on my part) then looking at the chart my guess is 2p, although after today's RNS I am wondering (if there is one) if it could be lower still?

[soulsauce] 26/6/2018 17:07

This has smelled fishy for a while.

[rayrac] 26/6/2018 15:17

Algy looks after the city boys, why? Because he is one himself!

How do you get such preferences when looking for NSea blocks!!!

He’s the man to follow...so I have.

Bought in at what I think are the lows!

[bronislav] 26/6/2018 15:06

Investor demand ...would that be Mr Spencer.
With the funding only being on the back of investor demand it seems likely these are the sources for the leak.ie.the company or the investor..

[bountyhunter] 26/6/2018 12:23

well even if due to a silly leak overall this adds up to the same thing not helping any of us with only those who will participate in the placing likely to benefit