Member Info for JezTheFez

So much for Justin's ramping over the weekend. Good job I didn't listen to him. I've lost enough money already investing in dogs.

Your thoughts please, Dickupham?

Sub 3p?

I'll have you writing lines in detention later on. "I must not doubt JezTheFez".

No soggy biscuit games for you tonight until you have written 100 lines in your neatest handwriting.

#pointmade

And you accuse me of being a liar? What have I said that leads you to believe I am telling fibs? I tell it how I see it, pal and this one is heading back sub 3p.

Jones1980,

I don't know, mate but I found her departure very odd to say the least. Didn't you? And what is she doing now? It wouldn't surprise me if she joins JP when C4E gets up and running. Watch this space...

Spot on, Streaky. My sentiments exactly. AIM is a casino at best. You're right there. Investors seem to get shafted whilst Traders seem to usually do well and make a load of small wins throughout the year. I have now changed my strategy and will never invest for the long term again....not after what happened to me over at MYSQ.
This one has become a trader's play thing for now....until they get some decent results perhaps later in the year. I wonder what Deepi et al have to say about this one?? So much ramping has taken place from Deepi that it has become a bit of an embarassment at times. Give it a break, lads....please. The fact that Fiona jumped ship before these results should have raised alarm bells, but alas for many it didn't. Ah well. You live and learn, I guess.

All you lot are spouting out the sort of sentences that I have already alluded to over the past few days. Beginning to peel away the make up now are we, to see what really lies beneath?

I don't trust this company one bit after having been held ransom for so long by an ailing share price and overpromises. Glad I'm out of this dog. I don't care that it is Shell who are in bed with CLNR. That means nothing to me despite the fact that some of you are singing from the roof tops.

Dilution is coming, very long waits for any groundbreaking news i.e. drilling results aren't likely to come until some time in 2021 and NOT 2020 as some of you are led to believe. You need to read the RNS again. The seismic work has been scheduled to conclude right up until the end of 2020. That work needs to finish first before the drilling starts for all those that are confused.

They WILL relinquish the P2248 licence and look to reapply for it later on. That is just so typical of CLNR. And where are they going to get the money the need to apply for new licences in the summer? From you lot, by way of equity raise. For those that haven't worked that one out yet, then wakey wakey.

Start looking at the red flags here, people and be careful.....be very careful. It's not as rosy as you may think on second glance. The big sells are probably coming from the BOD who are realising some profit before the inevitable drop off in share price.

Dickupham? I don't need schooling from the likes of you, pal. This one is heading sub 3p, like it or lump it.

The Echo duster should be a grim reminder to people here that mechanical stimulation carries many risks and never guarantees success. The fact that FM bailed over there before the results sort of gave the game away. I'm not invested over there, but missed out on the opportunity of a quick trade this morning because I needed some sleep. Never mind, no doubt the share price will head south again over the interim as any profit takers realise some pocket money. We see these patterns occurring on every share that has had some bad news these days. AIM is becoming more and more like a casino and it's the investors that always seem to get hurt and lose their money. Cruel.

Dickupham,

None of us have a crystal ball to gaze into and every one of us has our own gut feeling about a share.
When I originally bought into Cluff, the very next trading day the share price bagged. I derisked my investment and left the remaining money in as free carry....so in a way I was sitting on money that I had earned, which is a rarity for me being mostly down across my whole portfolio.

I had a good inclination that the share price would go to around 4.5-5p just based on guesswork and luckily my guesswork turned out to be right. I also had an inclination that the share price would go into rapid descent with many people selling to realise a profit. It was quite easy to see this given the fact that the share price has in recent times been relatively low at around 2p-2.5p. This is why I hit the sell button.

I do see the share price dipping below 3p again in the interim as people here await the next big news, which I don't reckon will come until at least April this year, whereby I think we will see a sustained rise again followed by a drop-off, which is usually the case.

Long term this could easily become a double digit share price, but my point is.....I don't want to wait around until some time in 2021 for that to happen. Some of you may say that a double digit share price is just around the corner, but I like to think I was in this share long enough to know that the share price here has a tendency to dither.

I may be wrong and I may be right. Just giving you my thoughts about where I see things panning-out.

BJ mate.....I was hashtag anchored in this share for over 3 years and got out on the 5p spike last Friday with a tidy little profit. I was literally imprisoned by this share and it held me ransom for what was years of hoping......and hoping......and hoping that just something......would happen for the good and it never did until last Friday, which is why I used the news as my escape mechanism. People "investing" now will have to go through what I did and will find themselves waiting for news in 2021 to allow them to have their exit and their money back. You talk of 5p being easily achievable. That's what I thought all those years ago and nothing happened. If you want to tie your money here for 2.5 years then fine...go ahead. It's only successful drill results or a buy out that will deliver multi bag potential and the rest is really just emotional candy floss.

Drilling results won't be out until some time in mid 2021 in my opinion. Shell will be completing the 3D seismic work right up until the end of 2020, but there is nothing to suggest that this timescale couldn't slip slightly.

I know there is a fair share of news being released this year, but what ultimately drives an oil and gas share price is successful drill results. They will go after some more licences in the summer but they are going to need more money in order to pay for new licences and so I am expecting a fair bit of equity raise as well as GS arranging some loans too, so that CLNR can pay their fair share of the drilling work etc.

People therefore please need to realise and understand that if you're throwing your hard earned dosh at this share at the moment in the hope of it multi-bagging, then this is unlikely to occur for a good while....maybe 2+ years. And investing on AIM shares is something I no longer do because it seems like investors are the ones who always seem to get done over and it's the traders who make the money via jab and grab tactics. Lots of little small wins equate to one giant win over the trading year. I've been doing this long enough to realise this, so hopefully if this advice helps just one person then I am happy. Don't make the same mistakes I have done by either being greedy or blinkered...or indeed both at the same time e.g. with MYSQ.

I would recommend surfing this share price, riding the highs and lows. Make it work for yourself and have a target price for getting in and indeed exiting. Never get emotionally involved with a share because as soon as you do, you have already lost. Trust me, I have been way too emotionally involved with the likes of SOU and it has got me absolutely nowhere at all.

Good luck all and hope you manage to make some decent money for yourselves.

Not2Sure - you're right...I agree. So what is the point of having a web cam in the first place? Perhaps the best course of action is to just not have them and in doing so, it will avoid any sentimental reaction when they decide to switch it off. JP please take note when Te-11 is drilled. Don't bother with a web cam, but you can show us a video / picture of the flare when the beast that lies beneath is discovered. As you know, I have big expectations for Te-11 and believe it will be a resounding success, which is the complete opposite for how I feel about Te-10.

Dickupham,

Until Cluff and his pals realise that the best thing they can do is sell their company to one of the big boys e.g. Shell, then they are going to find it tough to raise the money that will need to be raised in order to forge ahead with the drilling...even with the Shell farm in.

That's what amazes me with some of these AIM companies. At times, it appears they have illusions of grandeur when all they really ought to do is get sold, fill their pockets and PI's pockets with some healthy profit. Simples.

Any sniff of an equity raise here or some form of death spiral loan, will have PI's running a mile. I am invested over at ZIOC and there is another example of a company that should just put themselves up for sale instead of playing the long game and trying to act like one of the big boys.

It's commendable that GS has big ambitions for CLNR, but sometimes in life you need to be realistic and perhaps with Shell now involved, the best course of action would be to be absorbed by them for what I suspect will be a fairly decent price per share in return given where we are at this point in time. I say this because drill results won't be coming out any time soon and people with money in this stock will have to sit on their hands until some time in 2021. Probably mid-to-late 2021 too by the time the drilling has concluded and the final results are in.

I don't know about you lot, but I haven't got until 2021 to make some money when I have already lost a load investing in dogs like MYSQ.

Jordan - I wouldn't be surprised if they were still awaiting some mechanical stimulation equipment to be delivered to site. Sometimes these things get delayed and perhaps hence why the web cam is currently suspended. I think it is hugely distasteful for them to switch it off in the first place. It come across like, "we'll only tell you things when we're ready to and you will never really know the whole truth of what is going on behind the scenes....even with getting Te-10 ready for testing..." I find it terribly patronising and I suspect others do on this bb too. We're all part company owners in SOU, yet we sometimes get treated like minions. I realise at times they have to be secretive flr very good reasons, but switiching of a web cam is just plain rude in my opinion. The whole point of having a web cam there is so that we PI's can monitor any progress on-site and not having to wonder what on earth is really going on.

I guess we'll never really know the truth of what is going on or not as the case may be until SOU has been sold.

I know. Ironic isn't it? Maybe the two James's saw an opportunity for a quick trade? Wouldn't surprise me.
It also wouldn't surprise me if the full extent of the Te-10 results aren't realised until a certain someone has exercised his warrants. Think he has the opportunity to do this towards the end of March, but not 100% sure.
If the results aren't good, I suspect it will start to show in the share price movements as we head ever close to finding out whether or not the gas shows down there are commercial or non commercial.

If you've been playing this AIM game for 5 years as I have, you quickly learn that investing on AIM is in the most part a waste of time. I have never traded a share and that's why in the past I have lost a lot of dosh.

And that is why the other day, as soon as this one spiked at around 5p, I was very, very quick to sell and I came on the board to tell people to exercise caution on more than one occasion. Nobody really listened though and some of you will be wondering why you have been left impaled on that spike with averages way above 4.5p.

As soon as you feel greedy then you usually always seem to get punished on AIM. It has become more and more like a casino over the past year. Next piece of news that will be of any notoriety won't be until around April 2019 in my opinion. Reread the RNS again and work it out for yourselves. Once you peel away the make up, you can quickly see some cracks appearing and you wonder why the share price has dropped? No surprise to me at all. I expect a drop below 3p again in the interim to fill the gap before this one pushes northwards again. The share price was just so low for so long that most people who are showing a profit are simply selling to realise some money. Nothing wrong with that I suppose. Profit is profit is profit at the end of the day. GLA and don't get impaled on spikes going forward. You need to surf the spikes and sell when others are feeling greedy and buy when others are feeling nervous.

I see James M got a better share price than James P.

Any news of Trellis?

Has he been reunited with this wine cellar as of yet?

Hopefully. Yes, I heard that he was supposed to be out of hospital today. He must have been missing his wine like crazy this week. I'm sure we'll hear from him as soon as he is well enough to respond.

I see my name has been bandied around a bit over the last 24 hours. I do recall a disagreement that nkb100 and I had. We briefly met at The Gherkin and I recall being bored by hearing him whining about his past investment failures....that's all. It was early in the night and I was having my first few drinks with Frank and a few others. Nothing personal as he is a decent lad. I know the feeling is not mutual though, which is fine....I can live with that.

Any news of Trellis? Do Chuckle Brothers Oil & Gas plc need to appoint a new Chief Alcohol Officer? I will wait to hear from him.before I post a job advert.

Big couple of weeks ahead for SOU, I feel. We should hear a fair bit of news, which others on here have already alluded to. I managed to make a tidy little profit on CLNR Cluff Natural yesterday, so have some chips to play with as oppose to eating. However, I am still attempting to recover from my large lamb doner kebab that I wolfed down last night. STZ is farting like a trooper this morning, Shaungreen. Just thought you'd like to know, as he intends to bottle them and sell it to the Moroccans. GLA and happy days for now....

Some would have been impaled on the spike this morning. Continue to exercise caution.