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Ariana forecast 47% rise in Kiziltepe gold production


Range Resources Ltd Share Chat (RRL)



Share Price: 0.25Bid: 0.20Ask: 0.30Change: 0.00 (0.00%)No Movement on Range Resources
Spread: 0.10Spread as %: 50.00%Open: 0.25High: 0.25Low: 0.25Yesterday’s Close: 0.25


Share Discussion for Range Resources Ltd


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Rexco
Posts: 3,106
Observation
Opinion:No Opinion
Price:0.25
Excuses excuses
Today 01:38
The facts are that all the excuses given highlight the failings that have occurred which all could have been avoided if the operations had been properly managed.

As I said earlier that is why the new Chief Operating Officer has been appointed. I am just hoping they have hired somebody who knows what they are doing and doesn't go to sleep on the job. Time will tell.
 
Predators
Posts: 763
Off Topic
Opinion:No Opinion
Price:0.25
re.lets hope
Tue 20:29
Best thing is to start a clean slate with investing........try to forget about your average........then ask yourself can I afford to buy more at lose price, is there another stock worth buying , will I be happy getting some of my money back if rrl gets to 1p. ....I tend to be if I make profit great if I make a loss fair enough as long as I have learnt from my mistakes and can survive in the shark invested waters ..gl
PiranhaPires
Posts: 124
Off Topic
Opinion:No Opinion
Price:0.25
Let’s hope!
Tue 20:03
Great start! RRL seems to finally be sending the right message.
Let’s hope it continues,
Saying that, it will be long way before i see my 5.30 break-even... now how many % is that?
Will have to multi-bag several times, before a see all my money back...never mind a profit!
Predators
Posts: 763
Off Topic
Opinion:No Opinion
Price:0.25
Re buys
Tue 19:26
I agree they could turn the corner and the share price could be well up from here by Xmas.. .....a rising oil price and good sentiment could take the price up to even overvalued territory at some point. ....... shareholders deserve something from this after years of pain but a balanced view needs to be taken on the way up as this gives a.clear head when to sell.
workover
Posts: 554
Off Topic
Opinion:No Opinion
Price:0.25
RE: Buys
Tue 19:03
Completely agree bountyman ! No many people have been as critical as me about RRL but I must say slowly but surely they are turning a corner... if they can stick to their word and achieve 800 BOPD or exceed it by June .... I honestly believe we can easily double before year end ... specially if they can hit their targets in Indo and also find some clients for the RRDSL RIGS ... add to that the increasing oil prIce and talk of 100/ bbl next year by the daily telegraph and boom
Celticheart
Posts: 13,949
Observation
Opinion:No Opinion
Price:0.25
Malcy’s Blog
Tue 17:23
A quarterly report from Range but so much has been released lately that there is little new news in it. However the production in the period was 731 b/d up another 16% on the previous quarter due to increased water storage facilities at Beach Marcelle and 57 workovers. The Trinidad operations had positive operating cash flow during the quarter of $0.8m equivalent to $12 per barrel of production. In addition the oilfield services business was awarded a new contract by Shell.

Target production in Trinidad is 800 b/d in this quarter and 1,000 b/d by the end of the year. In Indonesia, with two offices established and a management team in place, preparations to commence field operations are underway and first production is targeted in mid 2018.

With cash of $9.5m and a fully funded cured work programme the company’s financial position is strong and revenues should also be increased by new clients at the oilfield services side. Range is now looking more strongly positioned than for a long time.
Axebob
Posts: 1,374
Off Topic
Opinion:Strong Buy
Price:0.25
RE: Buys
Tue 16:02
Live price .30..turn around continues onwards and upwards
bountyman
Posts: 1,977
Off Topic
Opinion:No Opinion
Price:0.25
Buys
Tue 15:59
Couple of chunky buys gone through at around 0.3p. Surprised more volume hasnt happened today to be honest.

Happy with the quarterlies... need to compare and consider previous ones but on the whole quite positive.

KRO
Celticheart
Posts: 13,949
Observation
Opinion:No Opinion
Price:0.25
RE: Q3 results
Tue 07:39
Once again an open and honest report that does not try to hide any issues or failings on the part of management. It is true that the storage should have been sorted but you could also say that the rapid increase in production caught us out, something which we are now resolving. The water pump is a different issue as the issue is the total volume of water being received from Petrotrin fluctuates throughout the day and at times exceeds the agreed amount and capabilities of the existing pump. RRDSL is looking to capitalise on the recovering oil price and the increased work that will bring.
4CER
Posts: 312
Off Topic
Opinion:No Opinion
Price:0.25
rrl
Tue 07:32
Lots of ****gers on this bb over the last few months. However I feel that over time Range will come right and could well be the star in your portfolio !




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