Cluff Natural Resources

Oil & Gas

Oil pioneer Cluff’s firm undervalued by almost £40m

The oil and gas investment company led by entrepreneur Algy Cluff is undervalued by almost £40million, a new report says. Cluff Natural Resources’ (CNR) current market capitalisation, which denotes the value of its outstanding shares, is £3.2million, according to the London Stock Exchange. The Aim-listed company’s shares, which reached 4.4p at one point last July, currently sit at 1.2p.