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Share Views: HUM CEO updates on Yanfolila and Dugbe Gold Projects. Watch here

Share Views Ep. 19
HUM CEO updates on Yanfolila and Dugbe Gold Projects.


Range Resources Ltd Share Chat (RRL)



Share Price: 0.345Bid: 0.33Ask: 0.36Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.03Spread as %: 9.09%Open: 0.379High: 0.379Low: 0.341Yesterday’s Close: 0.345


Share Discussion for Range Resources Ltd


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Celticheart
Posts: 9,949
Observation
Opinion:Strong Buy
Price:0.39
RE: markets...
27 Jun '16
And yet we closed just -1.79% (Down -0.01) according to the London Stock Exchange, what does that tell you about our underlying strength I wonder ?
 
JR710
Posts: 639
Off Topic
Opinion:No Opinion
Price:0.336
The Petition is gaining support
27 Jun '16
Apologies for board hopping; but !
The petition is going quite well; ~5550 signatures so far. Although it needs a boost.

https://petition.parliament.uk/petitions/112044/sponsors/frRbCOsOLO6QqIN82UOX

This petition was stalled in parliament since 12th Aug 15; finally green lit on 12th feb 2016.
The FCA have finally replied, saying its nothing to do with them as they only deal with market abuse & insider dealing, now is your chance to have your say.

If you hate seeing buys reported as sells etc!!!!!!
Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog.

My local MP supported this petition by writing to the petitions committee to help un-stall it.
There’s 650 MP’s in Westminster, So have you written to your MP? 649 to go!
If this petition doesn’t reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond. ONLY 8 weeks to go !!!

So – If you haven’t yet signed or indeed have but haven’t passed it on to others, then now’s the time to do so.
Celticheart
Posts: 9,949
Observation
Opinion:No Opinion
Price:0.336
randytandy
27 Jun '16
That was not my point and you know it. The one thing I agree with rob on is that posters that use multiple identities are in breech of LSE's posting rules. We know the agenda and how multiple identities are used to support the argument.
rob295
Posts: 1,995
Off Topic
Opinion:No Opinion
Price:0.336
We Are Waterflooding
26 Jun '16
Great analysis if there was no Waterflood project. Since there is a Waterflood it is as useful to know as how to build a chocolate sun lounger.
ChickenChallenge
Posts: 544
Off Topic
Opinion:No Opinion
Price:0.336
RE: Come Off It
26 Jun '16
lavazza/OmaLosses, 25 million shares at FRR bought at what, 0.47 did you say in a post (so probably bought higher). Now worth 0.14 to sell.

ouch OmaLosses that must hurt. At least you know about the Oil Industry though.
rob295
Posts: 1,995
Off Topic
Opinion:No Opinion
Price:0.336
FYI
26 Jun '16
FYI, I would love to buy in cheaper. A nice tasty buy at 0.2p would suit me perfectly, but just show a bit of class when de-ramping and have some sort of factual basis.
rob295
Posts: 1,995
Off Topic
Opinion:No Opinion
Price:0.336
View Thread (3)
Come Off It
26 Jun '16
You can say that the drilling may not succeed and then there might not be enough cash (obviously that is the case with all new exploration backed by credit, however long the payment terms), but you can't say that drilling cannot succeed and so therefore interest cannot be repaid as an absolute. There is a clear and obvious future in which output hits thousands of bopd and then obviously interest CAN be repaid along with providing a big return to shareholders, such as myself. Hence my investment and interest.

This share does have a history of being over-hyped. Somalia was a disaster. Texas was a shambles. Georgia was a failure. Russia was mindblowingly dumb/immoral. You can only judge the current merits, however. Bygones and bygones and thankfully Pete has by-gone some miles away back to Native Australia.

There is NOW a very large scale drilling campaign in Trinidad that for reasons that elude me has never been seen within Range before, instead we bailed out Russians, Columbians, Somalians, etc. This waterflood should have been done years ago, but it is now happening and is progressing. So judgements remain on whether you believe it likely to succeed.

This is the position NOW. If you doubt 100bopd per drill fine. An opinion. If you doubt waterflood, fine. Celtic over-ramps, fact. You guys are looking to de-ramp and buy in, opinion. That said, I know why Celtic is here, I don't know why people who hate a company so very much are constantly using their valuable time clogging up message boards so I can't see legitimate opinions, just self-interested de-ramping to prey on the vulnerable which personally I take offence to. Facts are FACTS, bs is BS. Now please take your agenda elsewhere and stop being an irritant.

Otherwise post nice well rounded arguments beyond dumb arguments that they can't meet interest for INCREASED OUTPUT from the CURRENT OUTPUT levels. That's just dumb and unintelligent. Please be more intelligent.
rob295
Posts: 1,995
Off Topic
Opinion:No Opinion
Price:0.336
View Thread (3)
Output Explosion
26 Jun '16
Honestly. As daft as it sounds Celtic is right. What a load of nonsense.

New drills are targeting 100bopd EACH on a CONSERVATIVE basis. Waterflood is 250bopd plus 2500bopd. There is more potential from further Waterflood projects on a similar magnitude. All this will come very fast and I sure hope these guys don't trick a 0.2p buy in out of long suffering holders just before all gets good.

Let's be honest here. These are not Samaritans who out of the goodness of their hearts post day in day out negatives about a company. They are not posting as investors sharing their own convictions, they want to be investors without paying a fair price.
Celticheart
Posts: 9,949
Observation
Opinion:No Opinion
Price:0.39
RE: Closing price
25 Jun '16
They are not making money right now Bono but they are using a weak market to pick up bargains (not just in RRL) because they know where thiis will head eventually.
bobo
Posts: 8,140
Off Topic
Opinion:No Opinion
Price:0.336
RE: Closing price
25 Jun '16
Why would anyone try to trade a share with a spread you could drive a bus through and pitiful volume. There are hundreds of better shares to trade.

Celtic, I can remember days when we matched lloy in volume AND value, those were the days it was a traders share. These days it's just a dead end for long term suckers and gullible newbies.

I'm not sure how you think anyone is making money trading this at the moment




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