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EXCLUSIVE: David Lenigas answers investor questions in a detailed interview about UKOG, Doriemus, LGC Capital, AfriAg and Angus Energy.


Range Resources Share Chat (RRL)


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Axebob
Posts: 1,029
Off Topic
Opinion:Strong Buy
Price:0.355
RE: News to come
13 Feb '17
2 x volume people starting to take notice.
 
Axebob
Posts: 1,029
Off Topic
Opinion:Strong Buy
Price:0.385
RE: News to come
13 Feb '17
Just checked the chart before another week on the markets and have noticed a slight rise is evident. You never know gla
bountyman
Posts: 1,721
Off Topic
Opinion:No Opinion
Price:0.385
RE: News to come
11 Feb '17
Fingers crossed. Could do with some positive news for all the long suffering holders
Trumploudly
Posts: 119
Off Topic
Opinion:No Opinion
Price:0.385
View Thread (2)
RE: News to come
11 Feb '17
I agree with every word of that. As Bobo and CH have just said- we now need to see some bang for our buck !
Celticheart
Posts: 12,642
Observation
Opinion:Hold
Price:0.385
News to come
11 Feb '17
What we need now is news that shows we are continuing to make progress with waterflood, production increasing quarterly, increased water supplies in place and a more stable electricity supply independent of Petrotrin. These are all items that were addressed in the last quarterly report, it would be good to see positive news about them in the next.
bobo
Posts: 8,256
Off Topic
Opinion:No Opinion
Price:0.385
RE: More manipulation
11 Feb '17
Only retail punters pay £10 a trade.

Do you seriously think someone like Oma is sat there plssing money away buying and selling shares at a loss paying dozens on broker fees and having ZERO effect on the SP.

This share is trading sideways and will do until the company can demonstrate they haven't blown $40m on a failed waterflood. The SP will look after itself if production increases

Just over 3m volume yesterday £10k, what would be the point.
Axebob
Posts: 1,029
Off Topic
Opinion:Strong Buy
Price:0.385
RE: More manipulation
11 Feb '17
4 trades under 30 quid broker should offer those trades at .20 cos there's nothing to be made on the spread with a £30 trade so the mm's must be playing along.gla
bountyman
Posts: 1,721
Off Topic
Opinion:No Opinion
Price:0.38
RE: More manipulation
10 Feb '17
Yet more dodgy small buys – cynical if you ask me

10-Feb-17 14:58:47 0.3565 36,538Buy* 0.33 0.381 30.26
10-Feb-17 14:28:49 0.3675 11,770Buy* 0.33 0.38 43.25

KRO

PS the last 2 posts are somewhat tongue in cheek…
bountyman
Posts: 1,721
Off Topic
Opinion:No Opinion
Price:0.355
More manipulation
10 Feb '17
10-Feb-17 13:08:32 0.3879 23,203 Buy* 0.35 0.39 90.00
10-Feb-17 11:12:20 0.3925 10,000 Buy* 0.34 0.41 39.25

Pesky small buys to try and buff the SP - We all know who that is - don't we...

KRO
bountyman
Posts: 1,721
Off Topic
Opinion:No Opinion
Price:0.36
View Thread (2)
RE: Broker forecast
10 Feb '17
Celtic,

I am fully aware of the trials and tribulations of Range. My point was that Cantor’s broker ratings for Range have NEVER been met so I treat their opinion on the matter as nothing more than paid advertisements. That was the point I was trying to bring.

Whilst I am positive on Range (yes I still hold little under 2m shares) and want to see my exit of between 1.5-2p some time in the next 12 months. I think it is only fair to portray Range in the balanced manner that you seem unable to do.

I was hoping that the signing off of the LO credit deal at the EGM was going to see the SP push upwards as the security it provides is a positive for me but appears that I am maybe a bit overly hopeful in that regards. It looks like the next significant movement will likely be on one of 2 things.
1) a purchase but given the time since the lows in the POO I do wonder how many good value propositions are out there AND that we will have the available cash to buy AND afford to develop (Texas costs for development spring to mind).
2) A positive update over a combination of the infrastructure development (power stations, pipelines etc), BOPD being produced, any news on additional drills and whether the water deal has been signed off with Petrotrin.

Until then it appears that we will be stuck around the same SP for the foreseeable as there appears little news at the moment that will breath life into the SP.

Regardless of what Cantor say, whilst I agree long term, I hold their buy rating with the contempt it deserves over the countless “buy” recommendations which have never been met.

ON the plus side at least we can all try and manipulate the SP upwards… oh wait…

KRO
Bounty.




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