Cluff Natural Resources Share Discussion Threads

[anley] 23/10/2019 17:17

So far the cost of the undersea mapping has come to between £7/10m and at the time of the £15m funding do you not think that all parties would have been satisfied that as and when the mapping had been considered there would be drilling in 2020?

When will a drilling decision be made?

By Xmas I hope or early next year..............what do you think BARNES4?


I should have directed my "jack-up" point to OILRETIRE.......sorry Barnes4.

[barnes4] 23/10/2019 15:12

No because I don’t know anything about it

What’s more interesting is whether they commit to a drill decision or not

[anley] 23/10/2019 13:07

YES..............what would you like to hear?

Are you going to comment on what I have said about the jack-up rig?

[barnes4] 23/10/2019 11:47

Anley

This seems to be taking for ever
Have you any thoughts on whether we will hear anything this side of Christmas?

[anley] 23/10/2019 11:41

Sorry to say but you are wrong OILRETIRE.

Shell have a "jack-up" rig and besides there are others available to fit in the drilling time table for 2020.

[oilretire] 22/10/2019 17:08

Not really, can't explain why. Will update if it comes forward

[cpap man] 22/10/2019 15:24

Glass half empty there perhaps?

[oilretire] 22/10/2019 10:19

Agreed, but then the practicality of planning in a suitable rig slot comes into play. So early 21.....

[anley] 22/10/2019 09:56

According to the company the "Expected Well Investment Decision" will be made either before Xmas 2019 or in early 2020..........this is for SELENE.

For PENSACOLA sometime in Q4 2020.

Hope this helps.

[barnes4] 21/10/2019 17:33

Why will Selene be 21?

Thanks

[oilretire] 20/10/2019 19:39

Not disagreeing, just curious what do you expect in 2020? Selene will be 21 so hopefully news on other fronts next year.

[cpap man] 20/10/2019 15:05

2020 will be the year for CLNR and indeed that could well be a mega year for CLNR

[lesbo lizzie] 17/10/2019 22:04

Pratman

don't be a crazy man.

dead cat bounce is over.

fiddler barnes has £10 enuff to buy sweets to distribute to kiddies

[cpap man] 04/10/2019 09:47

KAV



SP Angel . Morning View .


Kavango Resources (KAV LN) 2.0p, Mkt Cap £3.1m – Kavango selects new targets for 1,000m drill campaign

Kavango Resources has signed a contract mobilising a number of drill rigs to test targets in Botswana.

The drill program is for three vertical holes covering 1,000m on the Kalahari Suture Zone ‘KSZ’

The team plan to intersect conductor targets at depths of between 200m and 400m.

To save time and cost, the holes will be pre-collared to approximately 150m with reverse circulation drilling followed by diamond core drilling for better information on the geology below this point.

Management are hoping to find mineralisation in a 10km x 6km magnetic anomaly, which is interpreted as a potential magma chamber.

The other two targets relate to significant linear magnetic and conductive structures.
Water will be trucked in from a local town.

Conclusion: Botswana hides many interesting mineral discoveries under a significant depth of Kalahari desert sand.

Kavango hopes the use of modern remote sensing techniques will help it pinpoint mineralisation in anomalies of significant scale under the sand.

While drilling these targets feels a bit like wildcatting in the oil industry investors can rest assured that target generation is supported by a thorough analysis of the latest data.

[lesbo lizzie] 03/10/2019 21:10

Going back towards 0.5p.

dead cat bounce.

Poor tameimpaler he's been stucked on 50 feet tall bargepole for many many months at 3.0p.

[anley] 01/10/2019 17:45

All is going to plan................

[barnes4] 25/9/2019 10:27

Yes could be either I guess

[anley] 25/9/2019 10:12

Do you not think that the driver for the share price will be the two parties taking a drilling decision on SELENE before the year is out. Drilling would then take place in 2020.

Maybe that is why the chart is looking interesting BARNES.

Then there is the DEWER farm-out deal perhaps before the year end and that would look good for the Y/E results............

We shall wait and see............

[barnes4] 25/9/2019 08:06

The chart is beginning to look interesting

[barnes4] 23/9/2019 12:35

Yes they have the 3D seismic which likely enabled CLNR to retain a larger slice of the licence than they were able to on P2252

[fhmktg] 22/9/2019 23:36

Selene decision set for as soon as possible deal signed in August so they have had two months already.She'll presumably know enough about the prospect that they have a good idea of where to drill.

[barnes4] 22/9/2019 23:07

Welcome bear

[fardels bear] 22/9/2019 22:52

It's me old mate anley. What a surprise.

[barnes4] 22/9/2019 16:42

When could we expect a drill decision?