Member Info for Sjm321

Did it not drop 5 percent during AM trading then finished up 16% last Friday. Should be a fun afternoon.

Cheers Trucky, maybe I’m over thinking it, I would much rather them get some results from scally before a take over.

Morning all, agreed the scallywag RNS is expected anytime soon, especially after others in the area have announced they’re back out there... however doesn’t the lack of a scally RNS and GHs strange statement the other week Basically saying we’re going allthe way with Hav, contradicting his previous statements and all the rumours, raise any eyebrows? After all what would be the point in paying to drill scally if we were going to get bought out after the MRE? Just food for thought and nothing but my opinion.

Nice little write up summary.
https://www.proactiveinvestors.co.uk/companies/news/921183/malcy-s-blog---oil-price-president-cluff-gms-921183.html

That’s the part that unsettled me too but I’m just pleased nothing has changed with our partnership with shell, undoubtedly our biggest asset.

I was worried you were in Woking with your pitchfork and torch Mike.

It’s not amazing news but it’s not bad news either, a lot of answers to a lot of our questions. I’m pleased, and if honest was what we were expecting in terms of the delays. In my opinions catalysts will be shearwater results. OGA awards may help short term but the real driver will be the Pensacola results. All in my opinion and Good luck to you all.

This was how the share behaved prior to the 10mill buy, admittedly it was bouncing between 8.4-8.8 for a few days but still the similarity is uncanny. Who knows it’s all speculation but my spider sense is tingling.

“There are definitely opportunities for M&A and consolidation,” Mark Bristow, chief executive of Barrick Gold, the world’s second-largest gold producer, told the Financial Times.

“There are a lot of deals that are going to come out of necessity. I have no doubt about that. And there will be opportunities for us. We are certainly quite busy on that front?.?.?.?tracking the potential opportunities we have identified in the past.”

Spiro Youakim, head of the natural resources team at Lazard, said: “In mining and basic industries, top-line growth is limited other than through higher commodity prices. One way to potentially create growth and earnings momentum in this environment is through well thought out and judiciously priced acquisitions.”

Another bit of light evening reading:

https://www.google.co.uk/amp/s/amp.ft.com/content/8ffc7ac7-3869-4f65-bde9-728990f03f04

Note the dialogue from Mark Bristow of Barrick in regards to MA within the sector.

Another piece in the jigsaw puzzle if you ask me!

Not sure if anyone else picked up on this but it looks like Barrick are on good terms with the Tanzanian gov.

https://m.marketscreener.com/BARRICK-GOLD-CORPORATION-1408870/news/Barrick-Gold-Tanzania-Pockets-Barrick-First-Settlement-Tranche-30705528/

I have seen nothing in regards to the shareholders but I would imagine they would be representatives from some of the majority shareholders?
Yes good luck, let’s hope this is the turn point for Cluff/ Deltic and the positive news flow that they’ve been banging on about begins...

So do I Mike maybe one day we’ll be celebrating our investment decision rather than waking up to another meaningless RNS and moaning about it.

Have a good weekend all.

https://www.energyvoice.com/oilandgas/north-sea/228514/cluff-natural-resources-remain-on-track-and-operations-are-unaffected-amid-oil-price-crash-and-covid-19/

I’m not sure it may have posted before.

There could be many prospective reasons and many that bare bones relevance. But all I know is it’s A 3 minute drive, just round the corner from Shell.

All I know Mike is I believe my shares are worth a lot more than what they’re currently priced at by the MMs. If anyone sells their share that means someone is willing to take them off their hands. If cluff get a well on anyone of their assets this will fly. Take a look at GGP and their back story. Gold explorer were trading in the 0. Pennies. Just proved up a JV with a mining giant and now their shares are at 10p MCAP 300m. They were in the 0.pennies for years. I’m not saying this will be a repeat as I don’t have a crystal ball, but for what it’s worth we have some good assets with a world class farm out and one day we may get a bloody drill down there. All is my opinion of course.

https://mobile.reuters.com/article/amp/idUSKBN2352AF?__twitter_impression=true

MMs seem happy to take 600k shares in one hit...hmm

BadA not that I think it’s worth anything but it’s 0.5m closer to the shell centre

Sorry guys. Link doesn’t work basically their new office is 0.5 miles from the shell centre. Not sure if coincidence or what not but it’s basically round the corner.

https://www.google.com/maps/dir/Shell+Centre,+Bishop's,+London+SE1+7NA/150+Waterloo+Road,+London/@51.5021,-0.1143245,15z/data=!4m8!4m7!1m2!1m1!1s0x487604b83c64d03d:0x4b10da728b957f6f!1m2!1m1!1s0x487604ba30e0cd21:0x804458b287b711f!3e0

https://www.google.com/maps/dir/Shell+Centre/150+waterloo+road/@51.5040507,-0.1138401,16z/data=!4m8!4m7!1m2!1m1!1s0x487604b83c64d03d:0x4b10da728b957f6f!1m2!1m1!1s0x487604ba30e0cd21:0x81b4cea41d776fec!3e0?hl=en-gb

Is this a coincidence?