Member Info for fairdealer20

So you are not invested here.

Your answer says everything, a Barrack Room Lawyer!! All wind and no substance.

Jez it would be good to know your background and qualifications?

Why are you so worried about the SP?

Are you invested in CLNR?

Too many ego's at work here.

Fez questions the validity of Allenby's analysis, wonder if he has even read it? Their reports in both June 2018 and January 2019 rightly examines all aspects of success and failure.

A1m1 regarded posters as "scumbags" last June, because in his view, they were endeavouring to influence price ( de-ramping) for their own selfish reasons. He has now had a transformation and attempts to justify, his new strategy, with "Red flags" . The possible loss of 2248 has been factored in by Allenby's and Exploration's explicit knowledge of the Licencing process adds to our understanding of the risks, and rewards that CLNR and other Explorers have to accept..

The SP is still lagging behind it's sector during the last 2 months.
Greene King have risen almost 25% which would put MARS close to 115p

Jez...if he speaks sense now he must have been talking nonsense in June 2018. Or is it visa versa?

Have you read his old posts??

The anchors were laid at Verbier last Friday/Saturday which is normally 7 days before the Rig arrives.

Why should anyone reading this board believe a poster who admits to not having 1 share and yet continues to warn of doom and gloom. Why should he/she make such prophecies/wishes? What has he too gain?

The following are posts in June 2018 by a1m1, well before the deal with Royal Dutch Shell was conceived.

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I do hope genuine investors understand the difference between the traders who dominate the board in a futile attempt to influence price on a daily basis compared the investment potential of 10 to 20 times your investment long term if this is successful and are not put off. We have the potential to get in at the beginning of something potentially very special here. GLA!
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Hotticket is a perfect example of how these scumbags work. Been obviously deramping to entice others to sell or hold off buying so he can get his order filled. You can spot them a mile off.
He'll do the same once he sells for a 10% gain. Hotticket is a perfect example of how these scumbags work. Been obviously deramping to entice others to sell or hold off buying so he can get his order filled. You can spot them a mile off.

He'll do the same once he sells for a 10% gain.

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These 2 posts are just a flavour of a1m1 views in 2018.

The reduction is 50,000 shares. Schroders continue to hold 2.4million.

a1m1 you've made your money, don't worry about us.

Maybe you should email Michael Spencer and ask his opinion?

Cannacord have increased SP target and recommend Buy.

Let's see what happens!

1 share....whats that all about? Code??

Currency lesson for Rizo...from his Italian Friend.

Pre-decimal currency:

240pennies =£1
30pennies = half-crown
24pennies = Florin
12pennies = shilling
6pennies = tanner
3pennies = thrupence

New ( decimal)

100 new pennies= 1£
50NP = 50p
20NP =20p
10NP =10p(Florin in Old Money)
5NP =5p(Shilling in Old money)

Take note Rizo a thripenny bit is 1 quarter of 5p ( shilling) and equals 1.25new pence.

Your calculation was flawed and you have failed the maths exam.

Bamps I certainly understand your thinking and likewise remember Carillion where I was trying for months to point investors in the right direction. Most regarded me as a doom-merchant and I got some appalling abuse over on that Board. Sad too say I was proved right and many of those abusers had the decency to apologise.

MARS are not in that situation, but I do agree Shareholder "perks" are getting reduced which never goes down well especially when it comes too AGM's. It would not be popular, but imo, there would be more sense if the Div was reduced and debt cleared quicker.

As indicated earlier if most Brewers within the sector were performing similarly ( SP) one could feel some comfort. However MARS is being left behind which indicates, to me, the way the market views our Company.

I do hope the BOD are taking serious note of the way the SP is performing in comparison with competitors.

Bamps has touched on an important issue....debt. Even though the company have resolved to reduce over the next 2-3 years and maintain the dividend the SP declines. Most if not all of Marston's competitors have seen their SP's increase by more than 10% since 31st December. GNK and Fullers have increased by 15%.
MARS SP is back where it started on the 1st January. The BOD are surely taking note of this decline and acting to improve Shareholder Value.

IPGL commenced it's investment in Cluff at the end of October 2017. That investment amounted to 6.31% of the then, issued share capital.
IPGL have progressively increased it's interest in CLNR and now stands at a little under 12%.

IPGL is controlled by Michael Spencer.

Unless the Articles of Association allow it or the BOD have prior Approval any placing would need consent of Shareholders.

Jh....you are talking about 2 different events.

1. A Predator building a position where an offer can be made to Shareholders, usually with the BOD's blessing. Such an offer would be made at an attractive price and calculated above the closing price on a given date. Dependant on various factors in particular the level of offer, the SP will move towards even above the Offer price.
In CLNR case whether or not a position is being built, Michael Spencer has acquired a large tranche of shares at a price agreed privately with Algy Cluff. The 2 partys agreed the Deal on 8th February, the same day that the SHELL deal was announced. The lowest buying price of shares on the 8th was 3.76p, the deal was struck at 3.5p to be completed on 15th February, conditional on the Shares ( Algy's Option buy), being admitted to AIM on that day.
Clearly MS did not pay a premium indeed received a discount.
MM's would be aware a position was/is being built and move the SP according to any order and available free shares. How MM's operate in such circumstances is a whole new debate.

2. A Placing, which could involve existing Shareholders, is a Fund raising exercise. Shareholders approval is normally required. There have been situations where the Funding requirement has been advised to PI's as a fete accompli. In my experience this only happens where a handful of major shareholders act in concert.
A Placing could be Straight Funding from an Institution only in exchange for Shares ( dilution to existing PI's). It could and usually does, embrace an Offer to existing holders on a pro rata basis.

Even though Cluff is collaborating with SHELL, eventually, assuming CLNR ownership has not changed, significant funds will be required.
There are a variety outcomes, some already voiced on this forum and others still to come forward, which will ultimately reward patient Holders.

AIMO

Abatt that is my understanding, only Admin can remove post(s)

Zac...thanks no upset.

Zac... no doubt done for reasons best known to yourself..