Few of us have total objectivity. We all have our skins in this, so to speak. So do Rory, Nick and Will - they all need the "balls" of investors, and have shown they have them. I am passionate now about "new Range" and prospects and just feel deep down we will not be disappointed at all with our new team and strategy.
Have moments of doubt and depression about Range myself, but this constant depression of yours Bhoy George (and petebo too) is a real worry. I hope you have some good days soon, enjoy the AGM and lift your depression. Fight it like men. Fine yourself £1 for charity every time you have a negative thought about Range. Between you, you could build a children's hospice or solve a world epidemic within months.
Yes I did and guess what I still believe he is, what is your reason for being here you never did tell us. Don't suppose we will get to meet you at the AGM either, shame that I as am sure you would be fascinating company :)
And I start the day feeling good about all my fellow PI's, and even enjoy their posts that explain their anger and how, for example, the 3 month rig review was a resounding failure. We shall see. May it not have been that it was spot on, and we need to spend vast amounts to get going and have to wait months for manufacture and delivery once order has been placed?
Again, I start the day feeling good about Range and prospects. I doubt price will do much till we get some concrete news that something good is beginning to happen. I think steady buying (already .78p and .79 this morning), very few selling in anticipation of news around AGM time and beyond, will push this up to 1.2-1.4p by end of November.
If you read the resolutions properly you will see that there is no dilution only the facility to do so if absolutely necessary which I believe it wont be, this is standard practice in small cap companies, it is a safety net and nothing more. As for the remunerations, the raise is to the pool available or Non exec directors which we need if we are to retain quality people. The share options are subject to meeting certain sp levels and sustaining them. I have no issue with that.
We have a very capable team that have been in place for a matter of months, let them get on with the job without the constant attacks would be my advice. The frustration over past performance by the old guard shouldn't cloud our judgement of the present management or our view of the future.
Celtic. That quote has no relevance whatsoever. Rory and the new BoD did a 3 month review of the business, set themselves targets based on that review and failed on every level against those targets. That is clear evidence of their competency to date. Now they want permission to dilute us a lot further and a raise in directors fees for such an abysmal peformance. There are not many other areas of business that put up with rewarding incompetence.
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