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Share Name Share Symbol Market Type Share ISIN Share Description
Cluff Natural Resources Plc LSE:CLNR London Ordinary Share GB00B6SYKF01 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.80 0.75 0.85 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -2.4 -0.2 - 11

Cluff Natural Resources Share Discussion Threads

Showing 9051 to 9073 of 9300 messages
Chat Pages: 372  371  370  369  368  367  366  365  364  363  362  361  Older
DateSubjectAuthorDiscuss
28/5/2020
12:24
Barnes4 isn’t going to comment again on CLNR Goodbye
barnes4
28/5/2020
10:40
Barnes has reassessed aim1 The company needs to change its strategy times have changed no point going after yet more licenses when the ones you already have are not being progressed That is fairly basic economics
barnes4
28/5/2020
10:20
yes i did think it would get down to 0.65p considering the oil price collapsed(and before you say I know its a gas play) I was never in it at the 2p levels youre just talking complete drivel. ill leave you to it!
purple11
28/5/2020
10:17
did you think it would get down to 0.65p either purple? I'm sure you were probably saying it would never get down to 2p, 1p etc etc along the way too. Of course I cahnge my mind barnes, principle rule of successful investing it that you cannot stay married to your beliefs. Continually access the situation and take changes into consideration. If you do not believe that COVID-19 has and will continue to have a major negative impact on the O&G industry, on timelines here and the potential success of this investment then you are in cloud cuckoo land. Don;t be afraid to re-assess barnes. We know also know that one of the new insitutional investors has been a seller pretty much from as soon they bought the stock here so add that to the macro climate affecting O&G and I think it's fairly probably that this gets down to 0.1p if not lower.
a1m1investor
28/5/2020
10:08
it will never get down to 0.20p 2mcap with 15m cash in the bank. youre simply talking complete rubbish! laughable
purple11
28/5/2020
09:56
Aim please shut up you change your mind as often as you should your pants Resources are having problems it seems however they still have a chance to save at least something for their investors Return the cash and wind it up imo
barnes4
28/5/2020
09:52
Someone dumping 500k lots this morning. I know you desperately want to believe otherwise purple but maybe you should be honest with yourself about the situation here. 0.1p to 0.2p presents a good risk level to buy here, could get down there pretty quickly with the institutional seller that is about.
a1m1investor
28/5/2020
09:10
Yes purple please don’t be rude We are all worried sick about Cluff Natural at the moment
barnes4
28/5/2020
09:07
Purple, I said if you believe they will drill then the cash is essential already mostly gone as a net asset. I never said the mcap will be 9m if they drill, I've just told you that be the time they get to drilling, if they ever do, the mcap will more likley be £2m which is around 0.12p. I've said previsouly that there may be a bit of support technically at 0.2p so that will be an area of interest to possibly buy some at over the next year. Once this get's to 2p area, you are looking at a 2+ just to get back to this share price level so i'd be very carefull about investing here at the moment. p.s No need for the obscenities, it only cheapens your argument.
a1m1investor
28/5/2020
08:51
I honestly think they need to change strategy If things are as delayed as they seem I suggest returning cash before it is wasted
barnes4
28/5/2020
08:37
The problem the trapped bulls have here in relying on the discount to cash argument is that if you think about it, the cash is supposed to be earmarked for drills, so if you believe the drills will go ahead in a years time or whatever then this cash is essentially already accounted for as a liability on the books, so if you take the cash minus effective net liabilities, how much cash at hand does that leave? Add in the £2million + cash burn per year and it paints a markedly differnet picture here. IF you compared MCAP to avaible cash in this way, and projected it to the end of the year the mcap value will be considerable higher than cash. I would suggest you'd be left with about £2m cash vs a mcap of 9m. A share price of around 0.12p would be the equvalent to the future cash projection for the end of the year in this manner.
a1m1investor
28/5/2020
08:13
Roar at the resources And down she goes yet again purple me ole bean This is nothing more than a cash shell with a big wage bill imo Not to worry the name will be changed soon am sure that will make all the difference Or maybe they will be awarded even more licences soon? Strategy working anyone???
barnes4
28/5/2020
08:08
hxxps://www.energyvoice.com/coronavirus/242117/shell-evacuates-workers-after-coronavirus-outbreak-on-gulf-rig/
a1m1investor
28/5/2020
08:07
barnes4, we are already seeing the O&G authority allowing deadlines to be extended, quite reasonably given the current conditions. I expect all deadlines to get pushed back here too. hxxps://www.energyvoice.com/oilandgas/north-sea/241817/oga-gives-hurricane-spirit-more-time-to-crack-lincoln-fieldlin/
a1m1investor
28/5/2020
08:05
Keep telling you, money is heading out of O&G and into mining and metals.
a1m1investor
28/5/2020
07:54
This has no direct exposure to oil the team at Cluff were quick to point that out as the shares halved They however failed to mention that Shell has a lot of exposure to oil Putting Selene and Dewar and any new applications to one side I am not clear about the meaning of the contingent well decision on 2252 it seems it has to be drilled but how long are they allowed to wait following the drill decision In Nov before turning the drill?
barnes4
28/5/2020
07:53
I don't think there is maximum pessimism at the moment, it still have some way to go i'm afraid. I would class now as period of acceptance that this is not going anywhere for a year or so, investors will start to take money out to invest elsewhere in the meantime which will result in a lower share price. Possibly at 0.2p pessimism will be maximised but who knows until we get down there.
a1m1investor
28/5/2020
07:39
25%BELOW CASH IN BANK. NOW IS THE TIME TO BUY BUY BUY
purple11
28/5/2020
07:34
which is why the shareprice isn't going to .20!they have 15m in the bank. like said wait till next year when poo recovers and activity comes alive again. this will multibag at some point just need to be patient. buy when theres maximum pessimism ie NOW!
purple11
27/5/2020
17:06
Roar we have all been rogered by this company to the tune of 15 million pounds last June PS the money is still on deposit and is likely to be for quite some time or until it is needed for general working capital I guess Unless CLNR can tell the market otherwise
barnes4
27/5/2020
16:04
Roar yes the seller who checks any rise in the share price of Cluff natural shares with a 500k sell has been happening for 18 months
barnes4
27/5/2020
15:54
sure yeah, tell that to the seller that just dumped 1.7million shares.
a1m1investor
27/5/2020
15:45
put a sock in it you two. these prices are an absolute steal.grab them while you can imo
purple11
Chat Pages: 372  371  370  369  368  367  366  365  364  363  362  361  Older
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