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Market analyst Rajan Dhall talks about the financial market Watch here

Market analyst Rajan Dhall talks about the financial market


Cluff Natural Share Chat (CLNR)



Share Price: 2.575Bid: 2.55Ask: 2.60Change: 0.00 (0.00%)No Movement on Cluff Natural
Spread: 0.05Spread as %: 1.96%Open: 2.70High: 2.70Low: 2.575Yesterday’s Close: 2.575


Share Discussion for Cluff Natural


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InvestorPrime
Posts: 672
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:2.975
View Thread (2)
RE: Looks like
Fri 09:22
Yep!

Full ask was getting hammered and difficult to buy in large amounts without paying premium!

The Evening Standard article should have garnered interest and only a matter of time before they let it go!
 
messymick71
Posts: 1,694
Off Topic
Opinion:No Opinion
Price:2.925
View Thread (2)
Looks like
Fri 09:17
Buyers are piling back in after that shake down..gla
messymick71
Posts: 1,694
Off Topic
Opinion:No Opinion
Price:2.95
RE: Current SP should be double
Thu 19:26
Yep good post.Loads on the sidelines got caught out and now livid trying to bash it down lol.Unlucky folks huge day coming tomorrow and bull run coming imho of course!!
b16_aln
Posts: 309
Off Topic
Opinion:No Opinion
Price:2.95
View Thread (2)
Current SP should be double
Thu 18:45
Based on just the assets (no farm in) and extremely high calibre of BOD the market cap and SP should currently be at least double it's current £9m value imo. Algy being awarded an OBE only adds to the credibility here and as discussed at length and advised by the BOD, the Co is cashed up till the end of the year so there is no risk of any un-welcomed placings.

Both the short term and long term prospects are very bullish here, the Evening Standard story will undoubtedly give this a boost over the coming days/weeks and with a long term target by broker Allenby Capital of 12.5p you're looking at over 4 times the current price. Appreciate a lot of the recent sellers will have been caught out by today's article which is unfortunate and part of trading so not unexpected to see negative posts appearing. I for onbe am really looking forward to tomorrow, story will be digested on the way home by Londoners tonight so expecting a great day! GLA! :)
gilogilo
Posts: 142
Off Topic
Opinion:No Opinion
Price:2.95
RE: RE: NO PLACING
Thu 18:42
You have no way of knowing. The alternative possibility and one that is likely in my opinion, is that due to the sudden great interest in this share there could be a few days of extreme volumes and very high percentage rises before it calms back down.
notrac
Posts: 57
Off Topic
Opinion:No Opinion
Price:2.95
RE: NO PLACING
Thu 18:19
This is another slow burner. Today's activity and info shows that a deal is not yet tied up.
wordog
Posts: 2,020
Off Topic
Opinion:No Opinion
Price:2.95
RE: NO PLACING
Thu 17:36
A similar response came from those who attended the AGM, which is positive.

However, I think this will be a pump and dump, followed by a dead cat then a slow drift back down to 2.3-2.5p before news in the summer, i'll hold until then, don't have the balls to try and trade this!
InvestorPrime
Posts: 672
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:2.95
View Thread (2)
NO PLACING
Thu 17:25
I've actually been speaking to he company about this and specifically asked Andy Nunn about this and this was one of my concerns. I posted this in the #CLNR Twitter group on the 2nd June.

"I Asked about cash position given some are peddling placing rumours (in late May) and Andy confirmed that they have sufficient cashflow to last until late Q4.

Andy said there is no need to raise until much later in the year and this would be dependent on farm out discussions – absolutely no intention to raise cash at the moment but if someone comes along and wants to take a chunk of shares for a good price he would consider it.

Andy advised cashburn is limited for now as most of the work relating to dataroom, CPR is now out of the way and summer months tend to be quiet in terms of operations.

The regs make it difficult for Directors to buy shares outside of placings and in news pending periods – he said normally they would look to buy in either a placing or immediately after the annual report.

BP well news is due any day now (it’s already much behind their original schedule) and if that’s good then it means the co would be in a stronger position – it’s also partly the reason they don’t want to agree to a deal now as if they do so and BP news is good it means they would have lost out so they are happy to wait a little longer.

All in all, it’s now just a waiting game and Andy reiterated that, if they felt it appropriate they would close the data room at any point during the summer."

Now some might disagree but you are free to contact the company and check this out. I've said it all before that I trust and have met Andy Nunn and Algy Cluff is also a man of integrity - They are waiting on Farm in discussions before deciding anything and that makes perfect sense.

Might not suit everyone's agenda - especially those looking to get in cheaper! This could be in for a decent rise IMHO.
b16_aln
Posts: 309
Off Topic
Opinion:No Opinion
Price:2.95
View Thread (5)
RE: can feel a placing
Thu 16:58
I have been in correspondence with Algy recently and he confirmed they are fully cashed up till end of year. This has been know and discussed for a while now by holders. Cash burn was £1.8m last year and they raised near enough exactly that amount to see them through this year.

£7.8m mcap here is tiny. Implied extrapolated un-risked NPV for the six identified prospects on Licence P2248 is £697 million
LimitedAccess
Posts: 92
Off Topic
Opinion:Hold
Price:2.95
Today's jump
Thu 16:55
AIM is a minefield . I've halved my holding here in recent weeks on anticipation of a further drift until the autumn, but still held a good deal . Bought back 100k @2.4 and then a further 300k at 2.69 today ( later deal never showed up on the trades reported) .
Luckily I had diverted my funds to CLP, also up near 25% today . It's all a gamble, but to hold substantially in two shares that bounce 25% is a rare moment!! Good luck all LTH's here.




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