What difference would it make if Range reported quarterly instead of as it does at present. Precisely the same as the quality of Oma's input. Zero!
The results, good bad or indifferent won't change if the new guy chooses to report progress quarterly.
....and Oma, what's all this "I suspect we will move to quarterly reporting rather....."
Strange a non shareholder refers to Range as 'we' Maybe not so strange as he is one of the most prolific posters on here yet nowhere to be seen on the ever sinking FRR BB where he does claim to be invested. BEWARE DISINGENUOUS TRADERS
On the contrary as levels of activity increase I would expect news flow to do the same and material news has to be reported as has been borne out by the company ......
"We are committed to regular reporting which will continue into the future. We are also bound by the listing rules, which require us to update the market on all material developments without delay and at all times".
Still I expect you will claim you were right all along .......
Oil price It’s a big weekend in a lot of ways but no greater than in the US where it is Memorial Day on Monday which of course signals the start of the driving season and my chance to wheel out a few stats. Over the weekend the AAA predicts that more than 34m Americans will travel at least 50 miles, 2.1% up from last year and the best year since 2005. I should remind you that this year annual mileage is running at 3.16tn miles or 263bn miles a month. Next week sees the Opec meeting and the likelihood is that everything will remain the same although as ever the occasional curved ball may be thrown. I see very little chance of the Saudis changing policy particularly with $50 oil and outages all over the place, not to mention domestic demand picking up as we go into the summer. As for Iran they will remind Opec of its commitment to allowing it to go back up to previous export levels, still somewhat higher than current output. The only way of contriving a settlement seen to be positive could be if Iran is already producing flat out, then it could make a political gesture of some sort.
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