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EXCLUSIVE: Aura Energy #Aura to IPO Swedish Vanadium prospect Watch Here

EXCLUSIVE: Aura Energy #Aura to IPO Swedish Vanadium prospect


Range Resources Ltd Share Chat (RRL)



Share Price: 0.19Bid: 0.15Ask: 0.20Change: 0.015 (+8.57%)Riser - Range Resources
Spread: 0.05Spread as %: 33.33%Open: 0.175High: 0.19Low: 0.19Yesterday’s Close: 0.175


Share Discussion for Range Resources Ltd


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Surely
Posts: 849
Opinion:No Opinion
Price:0.23
RE: Share Price
28 May '18
ASX can hardly follow our lead if we are shut.

Oil taking a hammering today
 
Celticheart
Posts: 14,153
Opinion:No Opinion
Price:0.23
RE: Share Price
28 May '18
ASX follows our lead not the other way round.
Admin will be back tomorrow so Manos aka LostLoadsamoney will be gone again. Interesting that I am accused of having issues but Manos, who loves to get banned so makes sure we know it is him is supposed to be normal. As for Delft aka Yuff or any other number of ids, not so smart. An ISP check will prove that. Over to admin.
Pedrob999
Posts: 57
Opinion:No Opinion
Price:0.23
RE: RNS
28 May '18
Oh Dear CH. Shooting from the hip, no score. Lol

Gotta love the man...

On the other hand. Nice little bit of steady progress. Lovely jubbly...
Delft
Posts: 99
Opinion:No Opinion
Price:0.23
Bank Holiday
28 May '18
Not in Australia today hence why RNS was released. I wish some posters would do their research before posting

Anybody know what is Yuff? Tried translation websites but nothing that makes any sense unless it�s a slang or insulting
Delft
Posts: 99
Opinion:No Opinion
Price:0.23
Share Price
28 May '18
Even Range official website says share price was 18% down.

http://www.rangeresources.co.uk/investors/share-price/
Celticheart
Posts: 14,153
Opinion:No Opinion
Price:0.23
RE: RNS
28 May '18
It’s a bank holiday Yuff
Delft
Posts: 99
Opinion:No Opinion
Price:0.23
RNS
28 May '18
Had little effect on ASX today so not expecting massive rise tomorrow on AIM
Surely
Posts: 849
Opinion:No Opinion
Price:0.23
RE: And once more
28 May '18
"Why $50 oil is now more likely than $100 " Nick Butler , Ft today
Celticheart
Posts: 14,153
Opinion:No Opinion
Price:0.23
RE: Indonesia operations commence
28 May '18
Yan Liu, Range's Chief Executive Officer, commented:
"We are hugely excited to be announcing the commencement of operations in Indonesia, on track with the previously announced schedule. The Perlak field is one of the oldest producing oilfields in the world, geologically similar to our producing assets in Trinidad. Our objective in Indonesia this year is to reinitiate production from this mature field, commence cashflows and firm up the future development plan. We believe this asset has the potential to deliver significant benefits to our shareholders and we look forward to sharing details of our progress in future announcements.�
Buckz
Posts: 5
Opinion:Hold
Price:0.23
Indonesia operations commence
27 May '18
https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYC6wu%2FzheZsuVqke92GA%3D%3D

Looking good boys and girls - promised kept.
Better days ahead for those who have kept the faith!

GLA
Surely
Posts: 849
Opinion:No Opinion
Price:0.23
RE: Waterflood
27 May '18
The ramping on here about Waterflood too from Windy, MrsBrown, Agnetha, CH among others. How cheap it is and how effective it is they said.

Thank goodness this board has some great balanced posters that could offer more likely scenarios.
Delft
Posts: 99
Opinion:No Opinion
Price:0.23
Waterflood
27 May '18
Seems I am not only one who is concerned re: Waterflood

http://www.worldstocks.co.uk/forum/viewtopic.php?nomobile=1&f=3&t=56419

Too porous would present real issues. How much money are we prepared to throw at this before we chuck in the towel as non-viable option?
Delft
Posts: 99
Opinion:No Opinion
Price:0.23
$85m Debt
27 May '18
I know we have last time we checked $85m debt with payments due in 2019 and 2020 but does anybody know when the $21m loans for RRDSL need paying?

Somebody on worldstocks seems to think this year which would be concern as we don�t have that money available.

Kind of hoping it will be next year or 2020 to allow us more time but 1000 BOPD won�t pay this back either

Current debts $21m loans RRDSL, RRDSL purchase $5.5m due to be paid back in 2020, Trinidad Investment $40m due to be paid back by 2020, Convertible loan 20m due to be paid back in 2019
Delft
Posts: 99
Opinion:No Opinion
Price:0.23
RE: comments elsewhere
27 May '18
I believe RRDSL have not gained any new contracts otherwise we would of been told via RNS like we were on Shell deal which has also gone very quiet. Massive drain on resources equals one thing - just imagine if oil price was $40 were would Range be with their debt repayment plan?
Celticheart
Posts: 14,153
Opinion:No Opinion
Price:0.23
And once more
27 May '18
It is clear that LostLoadsamoney is a burner identity deliberately posting blatant abuse in an attempt to have the thread taken down. Thankfully admin will be back on Tuesday and clear out the bank holiday weekend dross.

1. Share price will not go above 0.35p - no basis for that assumption
2. No significant works in Indonesia - no basis for that assumption
3. 1000 BOPD not hit - should of been 2000+ by now - We will easily surpass 1000 BOPD in 2018 based on current progress. What was the point on chasing 2000 BOPD @ around $38 a barrel?
4. No major contracts for RRDSL - cash drain - It will not be lost on other producers how well RRDSL have performed to date (much of the current increase is down to them) and that will result in significant contracts IMHO
5. Fund raising or restructuring of debt payments - a reasonable assumption but would favour debt rsetructuring
6. Issues with Waterflood still persist - when will they sort this out without natural resources - What issues?

Will save these points to discuss at a future date, by the way didn't you also state that Range would never re-list?
DyamFoolMan
Posts: 25
Opinion:No Opinion
Price:0.23
RE: comments elsewhere
27 May '18
>> "RRDSL are actively looking for work in the region so that is a real possibility,"

No, it is not a real possibility.
RRDSL are no position to supply offshore drilling capability / services that will be required for the BPC licenses.
Delft
Posts: 99
Opinion:No Opinion
Price:0.23
RE: comments elsewhere
27 May '18
BPC are dealing with a Major Oil Company. With all due respect this is not Range or RRDSL.

https://www.google.co.uk/amp/www.proactiveinvestors.co.uk/companies/amp/news/196341
LROG
Posts: 83
Premium Chat Member
Opinion:No Opinion
Price:0.23
RE: comments elsewhere
27 May '18
Tks Celtic. It just struck me that if it were to come about that would be some revenue coming in and progress RRL's position somewhat.
LROG
Posts: 83
Premium Chat Member
Opinion:No Opinion
Price:0.23
RE: comments elsewhere
27 May '18
Tks Celtic. It just struck me that if it were to come about that would be some revenue coming in and progress RRL's postion somewhat.
Surely
Posts: 849
Opinion:No Opinion
Price:0.23
RE: my response again
27 May '18
"1. Share price will not go above 0.35p - no basis for that assumption"

Correct, there is no basis for a 40% rise in the shareprice.

Perhaps

1. Shareprice will not go above .30p would be a more reasonable assumption.
Celticheart
Posts: 14,153
Opinion:No Opinion
Price:0.23
RE: comments elsewhere
27 May '18
RRDSL are actively looking for work in the region so that is a real possibility, Range have also expressed interest in suitable acquisitions too.
LROG
Posts: 83
Premium Chat Member
Opinion:No Opinion
Price:0.23
comments elsewhere
27 May '18
This is probably of no relevance and I am not inferring anything by posting it. While scrolling through the share chat on the BPC board I saw them make reference yesterday to Range Resources possibly being used in some form to assist in the bahamas. Now this is probably banter on their behalf. Anyone got any comments regarding that observation on that board.
GLUGGER
Posts: 116
Opinion:No Opinion
Price:0.23
RE: Turnaround
27 May '18
20 years plus, explains the bitterness and personal insults somewhat. You did say to stay in WEBIS. With your pinpoint accuracy you are obviously a multi billionaire by now. Well done sir. I salute you
Celticheart
Posts: 14,153
Opinion:No Opinion
Price:0.23
my response again
26 May '18
1. Share price will not go above 0.35p - no basis for that assumption
2. No significant works in Indonesia - no basis for that assumption
3. 1000 BOPD not hit - should of been 2000+ by now - We will easily surpass 1000 BOPD in 2018 based on current progress. What was the point on chasing 2000 BOPD @ around $38 a barrel?
4. No major contracts for RRDSL - cash drain - It will not be lost on other producers how well RRDSL have performed to date (much of the current increase is down to them) and that will result in significant contracts IMHO
5. Fund raising or restructuring of debt payments - a reasonable assumption but would favour debt rsetructuring
6. Issues with Waterflood still persist - when will they sort this out without natural resources - What issues?

Will save these points to discuss at a future date, by the way didn't you also state that Range would never re-list?
Predators
Posts: 1,371
Opinion:No Opinion
Price:0.23
RE: Predictions for 2018
26 May '18
Surely ...... look at glugger. ...he sold webis too early which was a mistake when I said hold on. He then buys into rrl and attacks me saying watch out for this poster. ...oh the irony from this self.confessed novice invester. ...as for celtic you won't see him for dust if this has a reasonable spike depending on his average




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