Cluff Natural Resources Share Discussion Threads

[kristini2] 11/8/2018 18:10

I guess Gents it is impossible to estimate the potential value of cluff in the market, any suitor would be buying all licenses and so the cumulative value of the resource within licenses held could be very high.

There's a lot of speculation & risk in a takeout as the resource within the licenses is not proven

I'm in Parkmead, would have thought clnr a bit too speculative for them though, Cross is a cautious CEO is my reading .....

[aland1] 11/8/2018 17:37

Hi Bronislav - thanks for your thoughts on this. Would be nice if there were indeed a few more interested parties other than the aforementioned, as you suggest. Also I’m with you on the likelihood that we might now see some progress/news in fairly short order too. Next week could get interesting if the share price starts to rise, as Clnr is without doubt a leaky ship! GL

[bronislav] 11/8/2018 17:17

Aland1.the ones you mention are the obvious possible suitors but I suspect there will be others given the potential in the southern North sea and the increased demand for cleaner fuel gas.From the first instances to end game ,the period in between ,given the share movements on the back of media articles,has in my view been an opportunity for the astute to collect shares ,two articles in particular,the evening standard algy book article and the recent algy article when the share price spiked to circa 4p being two, more obvious events where those astute investors may have exited.Only one reason to collect is to be rewarded and the reason I believe Mr Spencer has a significant interest alongside Mr dorfman.The gas is of no use to the country under the sea so I expect movement /progress sooner rather than later.

[aland1] 11/8/2018 16:54

I too suspect this is how it may end Bronislav. Who do you think the potential suitors might be - Spirit Energy/Parkmead? Also at what price? It”s very frustrating currently with no real news flow and the clock ticking ever closer to 30th September.

[bronislav] 11/8/2018 16:31

Kristini...not sure luck plays too much of a part...money is what will decide it all...I suspect we can forget JV as the OGA will be updated on the end game hence them bending over backwards to accommodate us.

[kristini2] 11/8/2018 16:20

or maybe the old boy is not as hungry as he once was, my 'follow the man' strategy -will it work?

One thing is for sure on AIM, it's about as frustrating as following the English football team !

[kristini2] 11/8/2018 14:03

he could still pull out the stops; we've followed the man, he's done ok really and we've been patient but we now need some luck !!

[soulsauce] 10/8/2018 23:11

Likewise plus thinking Algy could do not wrong lol.

[kristini2] 10/8/2018 17:02

I made the mistake of getting attached to this share and far too early post IPO and so my average price is much higher............lesson learned.

[rediffusion] 10/8/2018 16:36

Lol Kristini. And breathe

[kristini2] 10/8/2018 15:33

must celebrate all weekend on this bounce; the joy!!! Must crack the best champagne I can lay my hands on..............

[kristini2] 10/8/2018 12:50

volumes of 16540000 and a 7% rise

I won't sleep tonight, still almost £50k under water.............

[kristini2] 10/8/2018 12:22

bottom fishers, always goes lower when i try that game

[bean02] 10/8/2018 12:09

Another tick up coming

[fillipe] 10/8/2018 12:03

Highest ask currently 3.5p, so plenty to go for here.

f

[maytrees] 10/8/2018 11:12

lol kristini2
Still the share price gain and buys today may signify that the low point was reached at c.1.75p offer

[kristini2] 10/8/2018 09:59

The excitement is too much !

[maytrees] 10/8/2018 09:27

Good morning all

All buys so far today and a small share price gain.

[rediffusion] 09/8/2018 12:29

571k was a Bed and Isa.There's certainly still a seller, but once that clears, I expect to see 2p in short time. But only progress news will keep it from drifting again

[limited access] 09/8/2018 12:16

...but seems odd that I got them cheaper than 1.75 after that big buy half an hour earlier.

[limited access] 09/8/2018 12:14

I've stuck my toe back in with 75000 @1.73

[maytrees] 09/8/2018 12:08

Agreed Rediffusion, as the 571000 seller just now illustrates.

[rediffusion] 09/8/2018 11:52

Hopefully a turning point Maytrees, but really needs news. I'm holding just over 1m now, avg 1.85