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Michael Masterman talks on WRES potential & Tungsten market Watch here

Michael Masterman talks on WRES potential & Tungsten market


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: 10,846
Observation
Opinion:No Opinion
Price:0.34
RE: And one more
13 Mar '17
Fair enough!
 
NoHypeJustBalance
Posts: 208
Off Topic
Opinion:No Opinion
Price:0.34
View Thread (3)
RE: And one more
13 Mar '17
You haven't read it fine, they say they will miss their targets, I referred to that and you ask me about what missed targets. Anyway, don't bicker.

As for commenting today, I don't waste my life commmenting on a daily basis about shares. So when an RNS comes along it's a good a time as any to comment. With £110K in this dog of a company I can say what I want when I want.
Celticheart
Posts: 10,846
Observation
Opinion:No Opinion
Price:0.34
View Thread (2)
RE: RNS
13 Mar '17
I am not the one that is locked in the past, the Landau era is long gone, only your name remains.
Landauslide
Posts: 682
Off Topic
Opinion:No Opinion
Price:0.34
RE: RNS
13 Mar '17
Never mind all that makes too much sense , except for people like Celtic who in all his wisdom fully supported the IOP deal/loan engineered by no other but Pete Landau.I rest my case,
keepbelieving
Posts: 39
Off Topic
Opinion:No Opinion
Price:0.34
View Thread (2)
RNS
13 Mar '17
My main concern with this RNS is the admission that Range will not meet its 2500 bopd by the end of 2017; that is still a long way off. It makes me wonder how far short of that target we are now and how far short we will be at the end of the year. The exit rate in 2016 was over 800 bopd. Are we still building on this or have we fallen back on production again? I like the idea of diversifying the business by hiring out equipment but I'd much rather see the waterfloods motoring ahead as these are supposed to be the lifeblood of the company. Without that production it will become increasingly difficult to service debt.
Celticheart
Posts: 10,846
Observation
Opinion:No Opinion
Price:0.34
View Thread (2)
RE: And one more
13 Mar '17
I have read it just fine what I am curious is why you chose to comment today?
NoHypeJustBalance
Posts: 208
Off Topic
Opinion:No Opinion
Price:0.34
RE: And one more
13 Mar '17
@celtic - then you haven't read read the RNS properly.
Celticheart
Posts: 10,846
Observation
Opinion:No Opinion
Price:0.34
View Thread (3)
RRDSL
13 Mar '17
"RRDSL owns a modern fleet of 12 rigs and currently employs over 160 staff."

http://www.proactiveinvestors.co.uk/companies/news/174666/range-resources-to-buy-out-its-drill-contractor-174666.html

Smart move to temporarily suspend trading while this goes through, prevents the usual culprits working this to their trading advantage.
Landauslide
Posts: 682
Off Topic
Opinion:No Opinion
Price:0.34
View Thread (2)
RE: And one more
13 Mar '17
The only things this company has successfully delivered is dilution.
Celticheart
Posts: 10,846
Observation
Opinion:No Opinion
Price:0.34
View Thread (2)
RE: And one more
13 Mar '17
So what target have we missed then, please explain because as I see it there is nothing in this RNS re missed targets just the BOD identifying a possible subject to shareholder votes), new business opportunity that will generate revenue and cut our production costs. The 4 brand new rigs become ours too




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