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David Hopkins aka Daniel Levi pretending to be a share guru until the nationals unmasked him as a bank robber and general thieving scroat tipped this at 14p alongside caza at about 6p. Caza went bust as this no doubt will. Luckily only once bitten by hiss ramps. ADL another disaster of his.
There are no positive signs. This is going into administration.
Doomed as I think we all are. IMHO of course but where are the positive sighns?
CEO gone.
What a shocker this has been and some shocking rampers to match.
I remember one chap on W/S telling peeps to go short if they weren't happy ,
That was the only good advice he inadvertently give out.
I think the chap named himself after the obnoxious Harry Enfield character Loadsamoney but ended up like Harry Enfield'S Geordie character booger all money..bless.
I think he last posted was from Wylam asylum.
On a positive note it's been another shockingly bad season for our intrepid RRDSL cricket/drilling lads with appalling performances in the field...they are holding there AGM in the rum shack as i type
Not long before this is worth nothing, zero, fa
sold out - £300 quid from a total of £12k invested. Thought they had turned a corner a year or so ago when production started increasing but alas the 1,000 barrels a day has never been achieved and the much hyped waterflood has had minimal impact.
T & T seems to be sitting on oil but Range has struggled to get enough out to make a profit and the Somalia adventure and Landau etc has cost all long term investors dear.
Good luck to anyone still holding
I sympathize also sitting 92% down on this one
The do you average down dilemma but performance is so poor is it a case of throwing good money after bad
I feel very sorry for you some people hyped this as the next biggest thing in the market and plenty got sucked in.
I was given a tip some years ago about RRL and bought in at various prices (the highest being 16p !!), apart from two mini blips the trend has been downwards and downwards and downwards - as of this afternoon I have lost 97.85% of my lump sum investment. It was enough to buy a new car now it would buy a couple of tanks of fuel, I cannot sell as that would only crystallise the loss. It is a salient lesson to us all and one I hope never to repeat. GLA
Minus 30%!!!!??
And fold the book closed. It is a tale of woe of biblical proportions and an example of why AIM is not the place for 'Investors.
Death by a million cuts ( billions if fully reflective of shares in issue) poor , no, dishonest management and that is laid directly at the feet of the now bankrupt Pirate Pete altbough i bet he will be better off than any poor PI who placed cash here.
Investor tester Did you attend the AGM? With regards to being done, the loans are unsecured against assets! The issue here will be more of cash flow rather than loans payable in 18 months
Corporate restructuring mentioned....we can see on personnel level that already underway , I can see this moreso on overall corp presepective before end 2019 , as in April 2020 their will be $60mil payable to company Land Ocean sold the loans to....either that or this share is done
Production wise , I cant see anything until Q32019 when beach marcelle storage tanks sorted....sigh...this company.
Well , just some snippets , thankfully I am out of Range earlier in the year.
I really do hope for the rest of you Range strikes something good in the future - just I don't know where that will be currently....Perlak field ?
No mention of Georgia ????
I feel so sorry for the people that were lied to by the likes of "Jr" etc complete and utter BS from them all along.
Balanced mix of shareholders ??
Tidying up balance sheet??
Significant improvement in balance sheet????
Wetting myself
https://www.asx.com.au/asxpdf/20181130/pdf/440vq9dlldf0k9.pdf
Anything Interesting come from the AGM then?
He'd probably make a few Bob's in the slammer.
His mate Frank the drug dealer would smuggle the spice in.
Then some barm pot Welshmen would think it's a great deal.
He needs to be put in jail though. Bankruptcy is not going to hurt him.
Oh what joy, Karma is a wonderful thing, I wish him a lifetime of hemorrhoids to go with his recent financial downfall, should happen to all the tealeafs that infest AIM companys and their ilk, plenty on here are due a bit of this type of Karma
They dont work they just turn on the power shower and call it the water flooding project and issue another gazillion shares to keep their salarys going,
How about that...
https://www.comcourts.gov.au/file/Federal/P/NSD818/2017/3789935/event/29577720/document/1297953
Lolololol. You would have to be mentally ill to work for range.