Cluff Natural Resources Share Discussion Threads

[barnes4] 14/2/2020 12:21

Too right I would!!

[a1m1investor] 14/2/2020 12:19

I'm not trying to effect the shareprice via posting here, I totally agree that posting on BB has no sig effect on share price The post was forwarded to CLNR and they have been asked to comment and if possible refute the comments. As a shareholder wouldn't you like the Co to clarify it's position here? So far the Co haven't refuted the points in the post. Wouldn;t you like them to come out along with major holders and catagorically state that they will not be taking the co private?

[purple11] 14/2/2020 11:20

nothing written on these bbs will affect the future shareprice.youre wasting your time.
no one takes these bbs seriously.they are just full of junk.
like I said get a life.

[a1m1investor] 14/2/2020 10:55

_____________________________________________________________________________

purple11
13 Feb '20 - 14:11 - 8172 of 8184

"anyway don't bother replying to me ive filtered you"
_____________________________________________________________________________


Filter didn;t last long :D

Purple, you appear too daft to realise that I might in fact be fighting for the benefit of the shareholders...think about it.

[purple11] 14/2/2020 09:54

get a life.

[a1m1investor] 14/2/2020 08:19

Again, this is speculation at this point but lets look at an example. Imagine you had a major shareholder of a Co that was well established in the institutional market, a big player with huge market reach. Imagine this player had close ties with the previous owner of the Co and betweern them, they wanted to take the Co private at the lowest possible price? Could the player short the shares through another vehicle against their own holding to drive the price down? They would probably want to increase their holding to 30% so that they had to submit a mandatory offer to take over the Co, or just increase their holding to ensure a vote for say, a reverse takeover, got voted through but how could they get their holding up while keeping the price low? I guess they could wait for another discounted placing to be able to increase their holding and the other vehicle could also close their short position in the placing. As long as the shorting remained within 5% which I understand is the institutional threshold for declarion then it could be argued that no rules are being broken.

I guess the real concern for CLNR holders, is why have we not seen a TR1 declaring who the seller is after all this time. The share price is down over 70% since the highs post Shell announcement and there has been constant selling into any strength on high volume, yet there is no seller coming forward and declaring their position?

Again this is all speculation, but this is what investing is about, speculating. Predatory business takeovers are not unrealistic. Shareholders should be speaking to the BOD and getting assurances from them that this is not the case and what action is being taken to protect the Co from such actions, a market announcement by the Co to confirm that this is not the case would go a long way here. Along with a statement of rebuttal from the major shareholders could pretty much quash the concern there and then so could th Co not arrange for this to happen? Takeover panel requires a minimum offer of the highest paid price in the last 12 months so I guess it could be argued that it would be to the advantage of the predatory co for the share price to stay low for another 6 months or so. What would be the concerns to drive the price lower here, I guess a delay to the well investment decision would not be good, or another discounted placing to fund new licenses.

So, if you wnat to protect your investment, put pressure on the BOD to quash this concern once and for all. Get them and the major holders to put their money where their mouths are and give the market a statement to end the speculation once and for all. Is that too much to ask?? Like I said, this is speculation and possibly a bit of a conspiracy theory at this stage but the logic and motive is clear and therefore not unfounded.

If the Co wishes to contact me directly to make me aware of any facts I have wrong and request to remove any of this info then they can do so via a direct message on this site.

[a1m1investor] 14/2/2020 05:51

You think Algy's possibly pulling the strings here? Definitely a conspiricy theory but still something that needs to be taken into consideration. Why would he quit the way he did and presumably sell up after so many years of the Co being a failure, just as it got a deal with Shell? Why then go and set up a Co with the CLNR major shareholer in Africa, why then CLNR employs a finance person with direct experience of Co's operating in Africa? Theres a definte logical link to it all. For years CLNR has had a caviat in its results stating they may take part in a reverse takeover...I wonder if it's a revers takeover into a new African Co that we'll see.

[bronislav] 13/2/2020 20:08

Admit to selling out although I'm watching closely because something is going on in the background.Shareprice has coincidentally started to drop since the poster suggested NEWS VERY VERY SOON.although only his feeling .Michael Spencer paying cluff over the odds for some of algys shares certainly got my attention .Spencer is key here and holds a significant holding through his investment vehicle.15 million cash plus JV ,s with shell makes it an attractive aquisition.Something going on here so keeping a close watch .

[purple11] 13/2/2020 16:29

lapping em up

[purple11] 13/2/2020 15:54

buys flooding in

[a1m1investor] 13/2/2020 14:48

Sells flying in now, 571k followed by a 1.1Mil sell. OOOOooooooft!

[a1m1investor] 13/2/2020 14:14

The share is in a clear downtrend, more likely that it will continue that way for the time being, nothing to suggest otherwide here i'm afraid.

[purple11] 13/2/2020 14:11

anyway don't bother replying to me ive filtered you.just another nobody keyboard warrior looking for an entry.tell your 0 followers...…..lol

[purple11] 13/2/2020 14:10

just a few inpatient punters getting shaken out.who cares!

[purple11] 13/2/2020 14:09

theres plenty of trading days ahead for that to reverse ..so what?

[a1m1investor] 13/2/2020 14:07

Called out? What does that mean?

Big sells are still printing here...what do you think is causing it?

[a1m1investor] 13/2/2020 14:01

Lol, you're obsessed with me Ana! You have to wonder why someone got so rattled by the posts they persuade LSE to ban me, what are they trying to hide?

[purple11] 13/2/2020 13:09

Good afternoon Ana,

Thank you for getting in touch.

To confirm, any rumours regarding equity placings to fund acquisitions or drilling programmes are completely false and baseless. The Company is entirely funded for its planned strategy of acquiring licenses via licensing rounds and its work programmes with Shell. Further, the Company does not intend to acquire any production assets.

We are actively taking the matter forward with the relevant authorities.

Please feel free to disseminate this message further and to encourage other investors in Cluff to get in touch with us on either my email address or landline