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EXCLUSIVE: Robin Young, CEO, Amur Minerals #AMC talks long-term strategy


Range Resources Ltd Share Chat (RRL)



Share Price: 0.225Bid: 0.20Ask: 0.25Change: 0.00 (0.00%)No Movement on Range Resources
Spread: 0.05Spread as %: 25.00%Open: 0.275High: 0.275Low: 0.225Yesterday’s Close: 0.225


Share Discussion for Range Resources Ltd


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Celticheart
Posts: 14,098
Observation
Opinion:No Opinion
Price:0.225
RE: Predictions for 2018
Today 00:53
No may of (have) been about it, one down another five to go, I will keep you posted. You might want to watch that syntax it is a dead giveaway Yuff.
 
Celticheart
Posts: 14,098
Observation
Opinion:No Opinion
Price:0.225
RE: Indonesia operations commence
Today 00:39
Yan Liu, Range's Chief Executive Officer, commented:
"We are hugely excited to be announcing the commencement of operations in Indonesia, on track with the previously announced schedule. The Perlak field is one of the oldest producing oilfields in the world, geologically similar to our producing assets in Trinidad. Our objective in Indonesia this year is to reinitiate production from this mature field, commence cashflows and firm up the future development plan. We believe this asset has the potential to deliver significant benefits to our shareholders and we look forward to sharing details of our progress in future announcements.£
Buckz
Posts: 4
Off Topic
Opinion:Hold
Price:0.225
Indonesia operations commence
Sun 23:51
https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYC6wu%2FzheZsuVqke92GA%3D%3D

Looking good boys and girls - promised kept.
Better days ahead for those who have kept the faith!

GLA
Delft
Posts: 34
Off Topic
Opinion:No Opinion
Price:0.225
RE: Predictions for 2018
Sun 23:51
Surely
Posts: 796
Off Topic
Opinion:No Opinion
Price:0.225
RE: Waterflood
Sun 20:21
The ramping on here about Waterflood too from Windy, MrsBrown, Agnetha, CH among others. How cheap it is and how effective it is they said.

Thank goodness this board has some great balanced posters that could offer more likely scenarios.
Delft
Posts: 34
Off Topic
Opinion:No Opinion
Price:0.225
Waterflood
Sun 19:03
Seems I am not only one who is concerned re: Waterflood

http://www.worldstocks.co.uk/forum/viewtopic.php?nomobile=1&f=3&t=56419

Too porous would present real issues. How much money are we prepared to throw at this before we chuck in the towel as non-viable option?
Delft
Posts: 34
Off Topic
Opinion:No Opinion
Price:0.225
$85m Debt
Sun 18:42
I know we have last time we checked $85m debt with payments due in 2019 and 2020 but does anybody know when the $21m loans for RRDSL need paying?

Somebody on worldstocks seems to think this year which would be concern as we don£t have that money available.

Kind of hoping it will be next year or 2020 to allow us more time but 1000 BOPD won£t pay this back either

Current debts $21m loans RRDSL, RRDSL purchase $5.5m due to be paid back in 2020, Trinidad Investment $40m due to be paid back by 2020, Convertible loan 20m due to be paid back in 2019
Delft
Posts: 34
Off Topic
Opinion:No Opinion
Price:0.225
RE: comments elsewhere
Sun 18:16
I believe RRDSL have not gained any new contracts otherwise we would of been told via RNS like we were on Shell deal which has also gone very quiet. Massive drain on resources equals one thing - just imagine if oil price was $40 were would Range be with their debt repayment plan?
Celticheart
Posts: 14,098
Observation
Opinion:No Opinion
Price:0.225
And once more
Sun 18:13
It is clear that LostLoadsamoney is a burner identity deliberately posting blatant abuse in an attempt to have the thread taken down. Thankfully admin will be back on Tuesday and clear out the bank holiday weekend dross.

1. Share price will not go above 0.35p - no basis for that assumption
2. No significant works in Indonesia - no basis for that assumption
3. 1000 BOPD not hit - should of been 2000+ by now - We will easily surpass 1000 BOPD in 2018 based on current progress. What was the point on chasing 2000 BOPD @ around $38 a barrel?
4. No major contracts for RRDSL - cash drain - It will not be lost on other producers how well RRDSL have performed to date (much of the current increase is down to them) and that will result in significant contracts IMHO
5. Fund raising or restructuring of debt payments - a reasonable assumption but would favour debt rsetructuring
6. Issues with Waterflood still persist - when will they sort this out without natural resources - What issues?

Will save these points to discuss at a future date, by the way didn't you also state that Range would never re-list?
DyamFoolMan
Posts: 21
Research
Opinion:No Opinion
Price:0.225
View Thread (2)
RE: comments elsewhere
Sun 17:48
>> "RRDSL are actively looking for work in the region so that is a real possibility,"

No, it is not a real possibility.
RRDSL are no position to supply offshore drilling capability / services that will be required for the BPC licenses.




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