Register
Login:
Share:
Email Facebook Twitter

RNS VIDEO: Reabold Resources #RBD raise £6 million and take stake in Danube Petroleum Watch here

EXCLUSIVE: HemoGenyx are creating blood cancer treatments with US$9 billion market potential


Range Resources Ltd Share Chat (RRL)



Share Price: 0.275Bid: 0.25Ask: 0.30Change: 0.00 (0.00%)No Movement on Range Resources
Spread: 0.05Spread as %: 20.00%Open: 0.275High: 0.325Low: 0.25Yesterday’s Close: 0.275


Share Discussion for Range Resources Ltd


Thread View

Please login or register to post a message on Share Chat.

Posts per page:


bountyman
Posts: 1,753
Off Topic
Opinion:No Opinion
Price:0.275
RE: Aim admission doc
Sat 16:20
IT,
Very much the same sort of things I found. I started writing a number of questions for the QnA in Jan but wondered if any of them were covered in the admission doc and to may amazement the majority of them were.

Your points actually cover a lot of the questions I had drafted before reading the doc a couple of nights ago.

There are a huge number of legacy things that are of huge concerns. Honestly though and a few successful drills and Range could possibly have a positive perspective BUT it is a big ask.

I need to have a proper full read of it but not a huge deal appears to have been done in the 9 months since suspension on a lot of the legacy issues. Just hope one of them does not come back to bite us.

We need to get oil out and lots of it... use RRDSL and get drilling lots of deep holes in our licences.

KRO

Bounty
 
Celticheart
Posts: 13,085
Observation
Opinion:No Opinion
Price:0.275
RE: Aim admission doc
Sat 10:22
Thanks for the summary, will try and find some time to plough through it myself too. Obviously there is still a lot of work to be done before we can feel comfortable about where we are but at least we are back in the game, decent flow test results for GY684 would be a start. I would also like to see us pick up some beefy contracts for RRDSL in the new year too, all revenue generating.
Investor_Tester
Posts: 198
Off Topic
Opinion:No Opinion
Price:0.275
Aim admission doc
Sat 09:36
Well I decided to open the 500page pdf and have a read....some quiet worrying items in there I hope we address

1. 80mil owed to LO. We knew about this anyways...20mil conv shares now and rest postponed for til April 2020 for payments. Should give us enough time to raise production.. but it's a he'll of a lot of money.
2. Trinidad tax...didn't know any of this was going on...looks like we missed some tax payment's for a few years.. .another speck on the range body which could've contributed to us not getting Trinidad west coast assets.
3. Court case with Trinidad lawyer....a fair amount of money here but looks extortionate...so hope this gets squashed in fev 2018 when the next hearing takes place.
4. LAR - looks like we have no legs on this one....earlier we get rid the better.
5. Colombia- still hasn't gone away. Hoping we can rescue this...as Colombia is a great place to get some 1k plus bopd wells going.
6. Georgia. Strait haven't filed accounts since 2013....another one that gone to the wall. Georgia also advance the tender for block via and looks like going to Chinese. ..can our lot maybe farmin?
7. Perlak - whoa. ..did not expect this....looks like our due diligence overlooked a lot of missing company docs. ...this takes the shined massively off this acquisition. . I hope that
They sort that out soon

I didn't read all 500page's. Just the firs hundered was enough

Here hoping that we get these cleared up in due course and have some good flows from gy684
Celticheart
Posts: 13,085
Observation
Opinion:No Opinion
Price:0.275
RE: Good morning
Sat 07:48
RRDSL provide a wide range of services as well as drilling http://www.rangedrilling.com/services/

RRDSL’s services to Trinity include both workover and swabbing operations over the WD and Fyzabad acreages.

RRDSL drilled two infill wells for Columbus. Both wells were completed on time and within budget.

http://www.rangedrilling.com/clientsprojects/
bobo
Posts: 8,259
Off Topic
Opinion:No Opinion
Price:0.275
RE: Good morning
Sat 07:37
"I don't agree about our relationship with TRIN or CERP as RRDSL have a very good track record so far with both."

Sorry if I missed something I don't pay much attention these days, but what relationship do RRDSL have with CERP?

I don't recall any dealings, I thought CERP have halted all drilling and all of RRDSL revenues were collected from RRL?
isas
Posts: 851
Off Topic
Opinion:No Opinion
Price:0.275
RE: Looking better
Fri 20:24
Thanks for the heads up on the Q&A Bounty will have a look- massively under water but will stick around to see how it unfolds in 2018, never know Indonesian assets could prove lucky.
bountyman
Posts: 1,753
Off Topic
Opinion:No Opinion
Price:0.275
RE: Reasonable discussion.....
Fri 19:29
Indeed Yuff, that is after admin cleared out a lot of the bickering. There is plenty to discuss on Range at the moment.

KRo
Yuff1965
Posts: 73
Off Topic
Opinion:No Opinion
Price:0.275
Reasonable discussion.....
Fri 19:24
On here today :-)
It’s almost a pleasant board, long may it continue!!!!!
Celticheart
Posts: 13,085
Observation
Opinion:Hold
Price:0.275
RE: Looking better
Fri 19:07
Likewise bountyman, have a good weekend. Thanks for the tip re the Q&A will take a look. Next up in the way of news hopefully is the flow test results for our latest drill, not going to speculate on what it will add. It is still very early but at least we are back trading on AIM so that has to be a better place than we were. GL
bountyman
Posts: 1,753
Off Topic
Opinion:No Opinion
Price:0.275
RE: Looking better
Fri 18:54
Fair one Celtic, just try to think before you post as you bring a lot of the trolling on yourself IMO.

Nice to see the SP holding its own and higher than the company expected the relisting price to be.

Have a good weekend and maybe some festive good news...

PS there is an investor q&a on Range. But the majority of the questions I had were in the readmission doc. I would strongly recommend holders to read it as it sheds light on a number of grey areas.

KRO




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.