Range Resources Ltd is an oil and gas exploration, development and production company. Its roots originally start from 1976 in Ohio. Since then the company was incorporated in Australia in September 1982. Its headquarters are based in Texas.
You really have to laugh at how the pensioners are seeing this. 1.5p, 5p and £1 If these get to £1 Range will be valued at £5 billion pounds Are these guys for real!!!
We saw 2.7p on froth last year under RSR, didn't we. And multis of that with Sir Peter Landau back in day (again on back of froth). And LGO to to 6p on froth. All pumped up by unscruples who made lot of money - often with no skin as they borrowed money temporarily. We have seen remarkably little playing round with buys and sells since suspension. And very little "froth" since DC - just a lot of sliding back of targets unfortunately. Company is trying to take us to 1,000 bopd in only a few weeks (guess 17 weeks), then 10,000 bopd in only a few months from now (guess 40). And out of Range into main market (guess 18 months). That is their official long term plan, publicly stated and repeated a few times. You do maths, rookie. We will be extremely unlucky not to see 1.5p soon. We will be quite unlucky not to see 5p in not so many months. We will be very lucky to see £1 and above - but a lot better odds than horses or lottery imho.
Thing is we could live without your posts anyhoo WHS.. Hehe deal?
Youre never gonna see 5p matey I'd put my house on it. You'll be lucky to ever see 1.5p...
RE: Positive outlook
Interesting artical posted on WS recently re fracking and effects of price drop. http://www.nytimes.com/2015/08/15/business/energy-environment/low-oil-prices-pose-threat-to-texas-fracking-bonanza.html?_r=0
Didn't think so. I hope everybody can see your morals. You claim Range is a buy and question my investment in MX Oil. When I challenge you to back up your words you back down I suggest you are either chicken, no spare cash or agree with me that MX Oil is a better investment for your money At least with MX Oil they won't be going private in the next 6-9 months
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