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Range Resources Ltd Share Chat (RRL)



Share Price: 0.535Bid: 0.56Ask: 0.64Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.08Spread as %: 14.29%Open: 0.535High: 0.00Low: 0.00Yesterday’s Close: 0.535


Share Discussion for Range Res. (RRL)


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Yuffspetpoodl
Posts: 135
Off Topic
Opinion:No Opinion
Price:0.54
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RE: bricket
Sun 17:26
Misleading........really.
I don't hold these shares......thank goodness and I've got more of a handle on what's going on than most of the munters on here.
If you're all down as much as Celtic it's no wonder you are all a bit tetchy.
As for thinking this is going to go up IF it re-lists next month, then keep on dreaming.
623bopd with a bit of cash to blow doesn't make a share worth 0.8p lol
As for trying to influence holders on here, I don't care what holders think, you ve been wrong for so long someone talking sense isn't going to influence you now, however it might stop someone investing in this POS!
The shares suspended so it hardly effects the sp, all 0.5p of it.
 
ErraticPhil
Posts: 1,631
Off Topic
Opinion:No Opinion
Price:0.54
View Thread (3)
RE: Cash & Q&A
Sun 09:09
Thanks Oma. Hopefully Range / Core have got everything teed up ready to go based on Friday's vote, and that there won't be any extended hanging about, otherwise arguably a bit misleading if Range has mentioned the 5 days and not the 10 or 20.
OMADAWN
Posts: 189
Off Topic
Opinion:No Opinion
Price:0.54
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RE: Cash & Q&A
Sun 08:10
Phil,

My understanding is that the precedents referred to are 2 approvals that CORE are required to obtain from the Chinese Regulators before funds can be released. The conditions are standard in all contracts of this nature.

One is called MOFCOM which is approval for he transaction at provincial level, the other is SAFE which is the approval to transfer foreign currency funds.

The former can take up to 20 days, the later 10 working days.

The 2 approvals can take place in parallel. The MOFCOM approval is made easier by the fact that there is a Chinese Embassy in Trinidad.

I understand these are moving forward but don’t know the completion date and neither will RRL I expect, only a lead time.

Oma
Mickdee
Posts: 1,812
Off Topic
Opinion:No Opinion
Price:0.54
Scaremongers
Sat 12:34
I wonder if it was the influence of yuffspiddle and carvey that influenced bricket to vote against the Core deal and possibly send the company into administration?
ErraticPhil
Posts: 1,631
Off Topic
Opinion:No Opinion
Price:0.54
View Thread (3)
Cash & Q&A
Sat 09:09
Poodle's 0753 post is rather misleading.
Here is the official line from Range, as per Question 5 of the 13th Feb Q&A:
http://www.rangeresources.co.uk/framework/documents/displaydocument.asp?doc=1307

Q - "Assming that the shareholders agree to the financing, how quickly do the Directors expect to receive the cash proceeds from Core Capital?"
A - "Once the shareholder approval is obtained and any other final conditions precedent are satisfied, the Company expects to receive the proceeds within 5 business days."

I suspect Poodle's suggestion of a month to wait is a wee out of date reference (for whatever nefarious reason) to the end of April date which was a backstop for the GM which happened yesterday, dealt with in Q2 of fhe same Q&A document.

If you dobut that the 5 days is still the case, feel free to ask the question in the upcoming Q&A which is due for release next Thursday. Anyone who wants to route questions via RIG, please do so by Monday, to rangeinvestorgroup@gmail.com.
Mickdee
Posts: 1,812
Off Topic
Opinion:No Opinion
Price:0.54
View Thread (2)
bricket
Sat 08:49
yuffspetpiddl isn't expressing a view he is making inaccurate statements putting them over as fact. What are his motives? Is it trying to screw up newbies like yourself or simply because he has a warped mind?
bricket
Posts: 18
Off Topic
Opinion:No Opinion
Price:0.54
yuffspetpoodle
Sat 08:45
The funding may have been voted in but that doesnt mean the funding will turn up. It should turn up - but until it does I am counting on nothing.

How many false dawns and false promises have there been with this share during the last few years. I'll tell you - a bucket full, and a very large bucket at that.

I hope Celtic is right for once, and that all our shareholdings turn into something valuable, or at the very least we are able to sell up and get a large part of our investments back.

Yufetspetpoodle his entitled to his view, and as for sowing the seeds of doubt, they already exist and will do for many months to come.
manos3
Posts: 8
Off Topic
Opinion:No Opinion
Price:0.54
yes- well done dc
Sat 08:43
Abrahams 55% of the vote ( not close associates ) of dc muhaha..Texas 250k in the bank & shares to boot back of the net!!!..drilling services sold to LO top dollor paid...$300.000 paid to Paul d'sylvia ermmm why...Q1 target close yes the futures rosetinted
Mickdee
Posts: 1,812
Off Topic
Opinion:No Opinion
Price:0.54
yuffspetpiddl
Sat 08:35
You don't hold shares in Range but insist on coming on the board spreading misinformation. For what purpose? You don't even do competent research before you peddle your piddl.
Celticheart
Posts: 6,598
Off Topic
Opinion:No Opinion
Price:0.54
Yuffspetpoodle
Sat 08:31
I see you are still trying to see the seeds of doubt Yuff, the funding was subject ton shareholder approval which they got in spades :)





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