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Range Resources Ltd Share Chat (RRL)



Share Price: 0.73Bid: 0.71Ask: 0.75Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.04Spread as %: 5.63%Open: 0.72High: 0.75Low: 0.72Yesterday’s Close: 0.73


Share Discussion for Range Res. (RRL)


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bobo
Posts: 7,873
Off Topic
Opinion:No Opinion
Price:0.81
View Thread (5)
RE: YB
5 Nov '14
It was around 16p intraday.

LO have just financed RRL with a $20m equity injection, with a $30m bond option. Latest LO release on WS,
 
carvegyber
Posts: 4,880
Off Topic
Opinion:No Opinion
Price:0.81
View Thread (5)
RE: YB
5 Nov '14
Bobo, if my memory didn't serve me perfectly all this time is a reason for you to be rude to me then OK, you win. Maybe it was 20.4p or even 19.8p or something like that. I can't be bothered to check back. I was illustrating to YB my history here and if you want to use that and say I am a person talking out of backside, then I wonder which orifice is yours coming out of. (remember, you started it)

By fund I mean capex and opex. Not just extended payment terms on LO invoices.
bobo
Posts: 7,873
Off Topic
Opinion:No Opinion
Price:0.81
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RE: YB
5 Nov '14
"People were thinking LO is going to fund this company"

they just have with $20m
Youngbuck87
Posts: 762
Off Topic
Opinion:No Opinion
Price:0.81
Carvr
5 Nov '14
I appreciate your honesty and the tone in your last post, much appreciated. Hope we can carry on at such a level. Thanks
Youngbuck87
Posts: 762
Off Topic
Opinion:No Opinion
Price:0.81
Carve
5 Nov '14
Everyone knows that, I posted it on her literally a few days ago...have a flick back.

We on for the bet?
bobo
Posts: 7,873
Off Topic
Opinion:No Opinion
Price:0.81
View Thread (5)
RE: YB
5 Nov '14
by the way carve you are talking out of your backside, the sp was never 24p during the punty drill
carvegyber
Posts: 4,880
Off Topic
Opinion:No Opinion
Price:0.81
YB
5 Nov '14
What is your holding and average?
carvegyber
Posts: 4,880
Off Topic
Opinion:No Opinion
Price:0.81
View Thread (5)
YB
5 Nov '14
I held shares here starting before the punty drill at 6p up to 24p. Made quite a bit on the way up but then I didn't sell everything and bought back in. Ended up with average at 6.6p but decided to offload at 4p after I gave PL the 3 strike rules. Missed his targets 3 times and I offloaded.

That is why I know this company so well and since then have been following it. All those research has got to pay off some time right? Just not the time to buy yet. Once all the dust settles and production is motoring, and SP is good value, then I will start buying again. Got to be closer 0.5p rather than 1p though. I have given quite a lot of reasoned thinking in my earlier posts. If you don't agree, I am happy to discuss. Politely.

At the time of Abraham, there was a lot of misunderstanding of LO. People were thinking LO is going to fund this company. Also, there was an almighty Georgia pump. Like Jimmy said, this share can go up massively on hype alone. I agree with that fully but then trade, don't invest. Meanwhile, beware of pump and dumps here. There has been more poppadumps here than a curry house. The funding has wiped out any prospects of funding hype and if you still believe in Georgia for short term gain, then I suggest you buy RMP.
Youngbuck87
Posts: 762
Off Topic
Opinion:No Opinion
Price:0.81
Carve
5 Nov '14
If you could just list those reasons again? I can't see them in your previous posts, hence I've asked again.

In regards to you not holding, may I ask why you spend so much time on the board? Not saying it's an issue, just curios? Have you held previously?

Carve, how about we just end this, we have a charity bet. £100 that this will be above 1p by Q1 2015? If it is, you give to charity, if not il give to charity?
carvegyber
Posts: 4,880
Off Topic
Opinion:No Opinion
Price:0.81
View Thread (4)
RE: YB
5 Nov '14
YB, I have replied to you twice. The answer still is, contained in one of my earlier posts. Read back through them.

You will find that there are other exceptions.

I am here because you kept asking me questions rather than do your own research and thinking.

I have no shares here.

What is your holding and average?

Thanks.

Jimmy, you are entitled to think that my comments are silly. I am sure many others don't think so including the person that YB has copied and pasted from in WS.

I have posted earlier that the SP WILL go above 1p if Georgia and Texas surprise "massively" but I don't think so in the next few months. So, please don't try to twist what I said in order that you can call me silly.

I just don't see anything short term that can exceed the value that a sophisticated investor had put on the share. There is nothing left here to speculate short term except georgia. If that is your case, buy RMP.

We are all entitled to our views and I have put up the reasons why in my posts. Avoiding quoting me out of context or name calling would result in a much more conducive discussion. I thought a RIG rep would conduct himself better than name calling

There are positives to be had and that is, the company is probably fully funded. Good for new investors but bad for LTH because of the massive dilution at hand.



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