Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Coal gasification play Cluff Natural Resources (CLNR) is preparing to drill a demonstration hole in the Firth of Forth or at another site after adding three new licences to its previous portfolio of five projects, offshore and inshore, in England, Scotland and Wales. Serial resources entrepreneur Algy Cluff, chairman and chief executive of the AIM-quoted venture, says the precise choice of site will depend on the speed of obtaining planning permission and stresses ‘we want to add value before dealing with potential partners.’
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