Cluff Natural Resources Investors - CLNR

Cluff Natural Resources Investors - CLNR

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Stock Name Stock Symbol Market Stock Type Stock ISIN Stock Description
Cluff Natural Resources Plc CLNR London Ordinary Share GB00B6SYKF01 ORD 0.5P
  Price Change Price Change % Stock Price Last Trade
0.00 0.0% 0.80 00:00:00
Open Price Low Price High Price Close Price Previous Close
0.80 0.80
more quote information »
Industry Sector
OIL & GAS PRODUCERS

Top Investor Posts

DateSubject
23/6/2020
08:17
cpap man: Daily Mail taken from the Pr*Act8ve Investors article but all great publicity of a truly unloved and under valued oil & gas stock!
15/6/2020
07:14
a1m1investor: As soon as 0.65p goes lower on the BID I expect this to really crater as traders/investors pile for the exit door.
08/6/2020
11:07
a1m1investor: Jason, it's worse than that, Selene has been deferred until at least 2022, it was in the AGM statement. Dewar farm out is not viable in the current conditions, the new licences applied for don;t have work commitments for 3 to 4 years, and the other pensacola licence only has a 16% chance of success so realistically that's not happening either... it's a disaster here for investors.
08/6/2020
09:03
a1m1investor: Dissapointing Mike, you know that there is no imminent news but are happy to post it. All that will happen is some new investors will get spiked today and this will continue to fall over the next year or 2.
08/6/2020
08:07
a1m1investor: The commentry is based on tha facts only. So the mcap is now at cash, what now, whats the investment case? The Selene well has now been delayed till 2022 - Thats terrible news as this was the next news catalyst here so now thats off for next couple years. The Pensacola well chance of success is only 16%. This was a wildcard drill and with such a low chance of success theres absolutely no way, imo, that Shell will commit to drilling this in the current global environment. This will get delayed for at least another year and may not even go ahead at all. Dewar farm out - Co have said that this is effectively now off the table due to the global environment so that's another carrot that the Co were dangling in front of investors off. This is being ramped by twitter promoters and across media outlets, I believe another placing is on the cards here in the next month. Current major shareholders will be putting pressure on the Co to allow them to avg down. They bought in £15m in the last placing at 1.75p. So they are sitting on a massive 50%+ loss here. The Co are buttering up the market saying they are looking at aquisitions (which a few months ago they denied) so expect a placing and to be told that the Co feel it is more financially prudent to raise cash now to put them in a better negotiating position. Diacounted placing incoming, no significant news catalysts, major delays to projects and the O&G industry in havoc due to COVID-19. Not a great business case here at the moment. You are seeing a twitter ramp, people buying in here are going to get spiked, that's all that's happening.
08/6/2020
04:59
a1m1investor: Lets review what we know here: The Selene well has now been delayed till 2022 - Thats terrible news as this was the next news catalyst here so now thats off for next couple years. The Pensacola well chance of success is only 16%. This was a wildcard drill and with such a low chance of success theres absolutely no way, imo, that Shell will commit to drilling this in the current global environment. This will get delayed for at least another year and may not even go ahead at all. Dewar farm out - Co have said that this is effectively now off the table due to the global environment so that's another carrot that the Co were dangling in front of investors off. This is being ramped by twitter promoters and across media outlets, I believe another placing is on the cards here in the next month. Current major shareholders will be putting pressure on the Co to allow them to avg down. They bought in £15m in the last placing at 1.75p. So they are sitting on a massive 50%+ loss here. The Co are buttering up the market saying they are looking at aquisitions (which a few months ago they denied) so expect a placing and to be told that the Co feel it is more financially prudent to raise cash now to put them in a better negotiating position. Diacounted placing incoming, no significant news catalysts, major delays to projects and the O&G industry in havoc due to COVID-19. Not a great business case here at the moment.
04/6/2020
07:32
a1m1investor: "in light of the current investment environment it is anticipated the Selene well will now be drilled in 2022." What are you talking about Purple, Selene is off till 2022 and was meant to be drilled 2020. That's 2 years. Your trying hard to make this update out to be good, it's terrible, everyone knows it's terrible, everyone is now just trying to trick some less knowledgable investors so they can sell out. It's sad behaviour. If your investment goes bad, take it on the chin and get out, trying to trick others into taking it on is discraceful imo.
03/6/2020
12:27
phoebusav: Change of ticker could be used as cover to take this up very quickly under the radar as lots of investors won't update their watchlists and interfaces promptly. Some brokers might not even be able to trade it immediately under the new ticker leaving some who are aware sat on the sidelines. Great way to grab all of the cheap shares before most people have time to react.
06/5/2020
07:20
a1m1investor: Don't think I need to Anley, got a pretty good grip on what's happening here: CLNR told investors that there would be a Selene well investment decision by the end of Q1 2020. That hasn;t happened, the Co have not updated the market except to say things are on track...err apart from the missed deadline here. We read in industry press that Selene is now likely to be delayed until 2021...again nothing from the Co to investors. Co stated funded for current liabilities, however that does not include any awards in the 32nd O&G awards so extra cash will need to be aportioned/raised to cover that if successful. So all in all, deadlines have been missed, Co isn;t updating market (again), no well investment decision and as far as the industry press tells us there will be no drilling until at least 2021. BOD have stated that they are not interested in purchasing/investing in new assets so all we will have here is another year of cash burn, BOD getting paid big wages for waiting around for another year. On top of all that the price has fallen over 90% since the Shell deal was announced and apparently no major investors have sold out...seems pretty dodgy to me. I do wonder now whether this will ever get drilled at all and BOD will live off last years cash raise for the next few years instead.. On top on all that I still beleive there is a significant risk of hostile take over beinbg worked here to take this private at the lowest possible price leaving shareholders out in the cold. Disppointing to say the least with how this is turning out.
04/5/2020
09:25
jason_scrap: Complete mess...? Really lol. I don't see a mess. I see significant upside from here and tired market beaten investors. The price sat comfortably around the placing price for a while, the only reason it's been dragged down here is because of Covid-19 and the oil market. Plus all these conspiracy theories, I'm more inclined to believe the negativity here is so traders/investors can load up cheaply over the company going private. Look what the price structure has done over the last few weeks... sellers exhausted and bottom range looks inAs for good news the directors and family memebers bought more shares just a few days ago. Clearly confident. Sentiment on can change in an instant
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