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Resources analyst Charlie Long sees good times ahead for uranium Watch here

Resources analyst Charlie Long sees good times ahead for uranium


Range Resources Ltd Share Chat (RRL)



Share Price: 0.34Bid: 0.33Ask: 0.35Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.02Spread as %: 6.06%Open: 0.34High: 0.00Low: 0.00Yesterday’s Close: 0.34


Share Discussion for Range Resources Ltd


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Celticheart
Posts: 11,499
Observation
Opinion:No Opinion
Price:0.34
View Thread (3)
RRDSL
29 Mar '17
Now I wonder who ticked you up. First of all RRDSL is a far cry from the company we sold, it is efficient well equipped, with the guidance of LO probably the finest drilling outfit in the area. Don't take my word on it check out their recent results with LGO in Trinidad. You say we were in a poor state of repair and that is right but it is also past tense, we now have some excellent new rigs and a streamlined, well trained staff. But hey why let a few facts get in the way of a good de-ramp. Reading your posting history it seems that is what you do. I am not aware that we have fallen out with LO by the way, would you care to show some evidence to that effect.
 
workover
Posts: 394
Off Topic
Opinion:No Opinion
Price:0.34
View Thread (4)
RE: Suspension
29 Mar '17
Dubizzle

I won't be condescending (like others) and will summarise the situation.

We are currently suspended due to the fact that we have decided to buy RRDSL (a drilling company that we sold a couple of years ago). We sold it because we wanted to focus on what we should be doing (which is exploring, finding and selling oil). We also didn't want to be lumbered with staff costs and rig maintenance costs and managing a shambles of a company that was in a poor state of repair. We have now decided that to against all of the above points and buy that company back! The only problem is that now they are lumbered with 25 million worth of debt and due to their book value, the transaction is regarded as a reverse take over. It also seems that we have fallen out with our main supplier and we have severed ties and been left with a hefty bill to pay in the form of debts. So in summary we are taking back our shambles of a drilling company and we will be left owing around 50 odd mill give or take. We need to raise some cash sharpish or else the bailiffs will come round. Other than that it is pretty sweet being a Range shareholder!
Celticheart
Posts: 11,499
Observation
Opinion:No Opinion
Price:0.34
RE: Suspension
24 Mar '17
Read the latest RNS and all will become clear
Dubizzle
Posts: 226
Off Topic
Opinion:No Opinion
Price:0.34
Suspension
24 Mar '17
Please could someone tell me why RRL is still suspended? Thanks
renner66
Posts: 58
Off Topic
Opinion:No Opinion
Price:0.34
rig
22 Mar '17
Whats happend to RIG is it still in existence anyone know
ErraticPhil
Posts: 1,844
Off Topic
Opinion:No Opinion
Price:0.34
View Thread (4)
RE: Anotherone bites the dust - aga..
21 Mar '17
Oooh... looks like they're both properly gone now..
Mickdee
Posts: 2,400
Off Topic
Opinion:No Opinion
Price:0.34
View Thread (2)
RE: Anotherone bites the dust - aga..
21 Mar '17
I thought when his one and only post which fairly innocuous had gone he had also got the chop.
I'm always suspicious when a new poster is straight into past history like Celtic's posts - kinda takes away the newbie gloss
ErraticPhil
Posts: 1,844
Off Topic
Opinion:No Opinion
Price:0.34
View Thread (2)
RE: Anotherone bites the dust - aga..
21 Mar '17
He's still here Mickdee? He looks more of a funny one, unlike loveme (also still here) who has the arrogant air of Omadoom about him.
Mickdee
Posts: 2,400
Off Topic
Opinion:No Opinion
Price:0.34
View Thread (2)
Anotherone bites the dust - again
21 Mar '17
Nero has disappeared. Wonder which troll was trying yet another moniker!
carvegyber
Posts: 5,574
Off Topic
Opinion:No Opinion
Price:0.34
View Thread (2)
RE: help me with info
21 Mar '17
Nero/Robin,

I still have memory when Malcy saying that this was going to be 50p! I think SP was 5p at the time! The guy is a fat drunk and have no clue what a $2.5b oil company should look like!

I think there were a few people here with good common sense that fell off their chairs laughing when Malcy came out with that interview but of course, the usual suspects lapped it all up without inspecting the merits.




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