Cluff Natural Resources Share Discussion Threads

[soulsauce] 16/7/2018 22:55

I'll agree on the time will tell bit kristini but not sure about Algy being the best man to realise value here unless he has a series of press pieces lined up 😁

[kristini2] 16/7/2018 22:48

I'm positive; initial drill will cost £8.8m being the 'Basset' license and management want a farm out deal

Time will tell.....


This has got to be cheap and Algy must be the best man in the UK to realise the value here

[bronislav] 16/7/2018 22:41

Something doesn't stack up,Michael Spencer recently increased his holding,why would he put his hard earned in Cluff if it was a company struggling to move forward.One could be forgiven for thinking that the perception does not match the reality.All those rewards in the bid round,why?

[kristini2] 16/7/2018 22:39

The importance of an farm out is apparent and an inaudible question from the floor referenced a 20 bagger + on the back of a farm out from an explorer which was encouraging....................a company beginning wit W

[soulsauce] 16/7/2018 22:38

Thanks kristini lol re anal 😂

Back to sleep then. Why we got all those licences is a greater mystery than an Agatha Christie novel.

[kristini2] 16/7/2018 22:26

well nothing new really from Swindells' presentation ; a farm out is being pursued and then if a drill 'lines of credit' being a priority ahead of an equity raise; last resort will be a dilutory equity raise so management really are in the same page

There was no cloud of Ego over the room so Anal where were you ?

[soulsauce] 14/7/2018 13:17

Well done with salv kristini. I am hoping upl can continue to do well for me and hopefully uog replicate it.

[aland1] 14/7/2018 13:11

Been a long slog so far Kristini2 I must agree. Hopefully we will get some good news soon that will propel the share price upwards without any further re-trace.

Hopefully you can find out a little more on Monday night from Mr Swindells and update us all. GL all.

[kristini2] 14/7/2018 12:58

i've been here post IPO way back 2012, buying like an idiot in the 5p region!

I have learnt a lot along the way

I'm in salvarex a bio early stage longevity fund up from lows of 20p to 51p this week and looks like it has legs so not all gloom

[soulsauce] 13/7/2018 22:49

Like two years of nothing is not patience already.
I would go along with that kristini if we had not been fed the false hope and hype to nothing in between on too many occasions.
Is it too much to at least know the plan a and may be b and how close we actually are, or not, to farm out.

[bronislav] 13/7/2018 22:46

It is fairly obvious that the press article ,whether by accident or design gave investors ,that perhaps had a good idea that there would be no farmin in may, the opportunity to sell up before the placing.It doesn't stack up that's company with no farmin after all this time is rewarded handsomely in the oil and gas bid round.

[kristini2] 13/7/2018 22:26

guys i don't think Algy dictates the timetable here but rather has to go with the flow of events he is dealt, let's keep the faith and have some patience...

[soulsauce] 13/7/2018 21:47

And an excellent perception if I may say so Bronislav.

[bronislav] 13/7/2018 21:37

Tend to agree soul sauce ,up to press they have delivered nothing but a whole load of fiddling the share price Seems a shame that algys last hurrah in my opinion has been tainted by recent actions and events.Only my perception of course.

[soulsauce] 12/7/2018 21:34

We have. Always have choice to sell out of this jam tomorrow talking telephone numbers, arrogant Algy garbage. And that is what I intend to do if they can't come through with anything.

[kristini2] 12/7/2018 21:29

we may have no choice if no offer/deal is forthcoming ....i would imagine the £2m is being spent setting us up in the shop window ........

[soulsauce] 12/7/2018 18:33

Drilling costs of going it alone would be too dilutive and a recipe for disaster.

[kristini2] 12/7/2018 17:55

ok, and what about drilling costs if we go it alone ?

i would imagine he could just say nothing about farm out if there were ongoing discussions as that would be inside information ?

[soulsauce] 12/7/2018 16:53

kristini thanks for that. I think we all want to know the same things basically. When are they likely to farm out and drill and what is the plan b if they can't as surely going it alone is the worst of all options.

[kristini2] 12/7/2018 16:30

itinery; any questions for Graham Swindells? If i get the opportunity to ask....


Dear Sir/Madam,
Thank you for registering your interest for our investor evening on Monday 16th July. Please find venue and event details below:
Venue:
The Saloon, The Ned Hotel (www.thened.com), 27 Poultry, London, EC2R 8AJ – Doors Open at 5.00pm for registration and refreshments with the first presentation to start at 5.30pm.
Presenting on the night will be:
• Gervais Williams, Miton Group - the legendary City fund manager will be providing his thoughts on the current state of economic affairs and how it may affect the resources sector.
• Aminex – Jay Bhattacherjee, will be updating on progress following the Ruvuma farm-out in Tanzania.
• Cluff Natural Resources – TPI recently raised £2m for CNR and Graham Swindells will be explaining how they will put those funds to use.
• Erris Resources – following positive results from its Abbeytown project Merlin Marr-Johnson will be presenting.
• Stratex International - Tim Livesey CEO, will be updating on their new projects in Cameroon following the successful £1.15m placing by TPI in June.
• Vast Resources – Andrew Prelea will be providing a general overview of Vast’s portfolio of projects in Romania and Zimbabwe.
Spaces are very limited and we will be providing refreshments on the evening so we would kindly request that you inform us as soon as possible if you are unable to attend. We suggest a smart casual attire on the evening. TPI arranges such events to provide Directors and shareholders alike with a forum to engage and network and we very much look forward to seeing you on the 16th!
The TPI Team

Turner Pope Investments

Main: 0203 621 4120

[soulsauce] 12/7/2018 14:55

Much obliged kristini.

[rediffusion] 12/7/2018 14:35

Bought @ 2p

[kristini2] 12/7/2018 14:26

ok, will update monday or tuesday

[soulsauce] 12/7/2018 12:56

Unfortunately temporary work commitments and the 550 mile round trip prevent me from attending kristini.

[soulsauce] 12/7/2018 10:13

Sorry kristini no but would be grateful of anything you can find out.