I reckon they will delist from here at some point in the next 12 months. A guess, but something's just not quite right deeper down with RRL. Just no significant movement, no Texas sale......whatever happened to that? Trinidad will be it's saving grace if we get that far. RSR is a bit of a 'wet' with little apparent drive, and in general, I'm wondering where the cash is coming from to keep this show on the road. How much longer? PL has lot to answer for. 'Shareholder Value' my Ass.
I see RSR has also taken on his own Referendum Style ‘Vow’, only his is a Monk like ‘Vow of Silence’, truly disgraceful, it looks like there is a real possibility we won’t get an update till Q3 Quarterly Report at the end of October and he will only do that because the ASX Rule dictate he has to.
I really hope you're right but the cash must be running out and doesn't appear that any more oil is coming out of the ground!
It's frustrating as hell as the oil is clearly there but we seem to have trouble extracting it! I really hope RRL can turn it around and everyone who is sitting on heavy losses (including myself) get what they deserve for being patient and walk away with profit!
I'm currently fortunate that I do not require the money at present and will keep sitting on it as I have done for the last year.
Onwards and upwards come on Range give us all the Christmas we deserve!!!
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