raised £ots at 5p with about half as many Warrants (so effectively the placing was a little over 3p - DYOR), but it's been a steady climb to 5p as the Market waits for something to happen.
The company is relying on the founder of Cluff Gold [CLF] and his World-wide contacts to do deals, I'm guessing.

Sadly these are bad times for Listing - and AIM in general and Greece/Spain/Euro woes are no help, IMHO. Still wish them luck in all they survey, etc.
EDIT(27Jn2012): sp down a liitle 5p5 - = halfway between start and peak.
EDIT (29April2016)-April Fundraising covers disasterous 2015 ( eg shut-down of Scottish coal-gas projects ) . . . . and continued low Oil-price, leaving sp abt.1p5 - this must be an all-time low. The cash should see them thro 2016 with a little to spare (they say) for more N.Sea deals, etc.
EDIT(4Nov2016)-Placing at 2pp. damages sp. Will we see 1p5 again, soon?
EDIT (21Nov2017)-sp=1p7 after Oct2017 minor "Dilution"-25m shares Total now 400m. The Plan remains to start on N.Sea licenses =good, but I guess this stock has some way to go before folks think it's worth the 5p of years ago. Mentor likes this stock, FWIW.

CLNR - 2.425p + 0.225 +10.23%

On the way up with volume, also share price moving over the 50 day MA, very important if it holds

Is motoring today, after yesterday's smalleer rise

The chart is signalling the end of the downtrend at the end of July

Well after an Official "Extension" to two(?) N.Sea plots (Nov2018-DYOR), it looks like the Market's not impressed - there should be drilling long ago. sp 1.68 Seems AH is pleased with this, though as it strengthens their hand in negotiations.... well get on with it, or is the Drilling Co. working on even bigger gas fields, perhaps with oodles of cash....? We should be told, their cash-position each time, as this reduces risk, IMHO.