Register
Login:
Share:
Email Facebook Twitter


James Bevan on cybersecurity, banks and the housing market


Range Resources Ltd Share Chat (RRL)



Share Price: 0.34Bid: 0.00Ask: 0.00Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.00Spread as %: 0.00%Open: 0.34High: 0.00Low: 0.00Yesterday’s Close: 0.34


Share Discussion for Range Resources Ltd


Thread View

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

Posts per page:


Brasso3
Posts: 203
Off Topic
Opinion:Strong Buy
Price:0.34
Off Topic
Thu 22:04
Guys

Worth a look at SDX.

Share Price - 59p
Market cap - £110m
Cash - $16m
Debt - $0m
P2 Reserves - 9m BOE
Production - 4700 BOPD
 
bountyman
Posts: 1,674
Off Topic
Opinion:No Opinion
Price:0.34
RE: Re: Malcy on the POO
Thu 20:57
Robins, thats the exact point. We have 4/5 months to show the investment in infrastructure and modeling is worth it. Think opening could see 0.1p or 0.8p depending on the news release ibefore hand.

Worldstocks suggested a positive of the RTO, a new name and gettig rid of the cursed Range name.

KRO
robins
Posts: 1,216
Off Topic
Opinion:No Opinion
Price:0.34
Re: Malcy on the POO
Thu 16:36
Well Celticheart increased price of oil is great but can we deliver the production volume increase?? These guys had better know what they are doing or we are all stuffed.
Celticheart
Posts: 11,463
Observation
Opinion:No Opinion
Price:0.34
Malcy on the POO
Thu 12:19
Two positive reports from Malcy re the PO this week. Recommencing trading with a significantly higher oil price would be a very good thing for range.

Oil price: Another up day yesterday as the market?s eyes turned to the EIA inventory stats following the rather disappointing API numbers the night before. Whilst the draw of 1.8m barrels was short of the 2.5m whisper it was enough to keep the bears at a distance. It will be worth watching the net long positions when they come out as I suspect that there has been a lot of bear closing in the last few days.

Oil price: The edging up of the oil price on Friday meant that the week ended up +$1.61 for WTI and +$1.74 for Brent. The best was yet to come as at a meeting in Beijing it seems that the Saudi and Russian Oil Ministers have ?seen the need to prolong the current deal through the first quarter 2018?. As I write both crudes are over a dollar up at $49.04 for WTI and $52.05 for Brent. Now, little confirmation on the detail of the agreement has yet been announced but if this is a genuine agreement then I would expect the price to rise more as these two heavyweights will carry the rest of the group with them. Having said that, the usual large dose of cynicism will undoubtedly exist and proof of the pudding will be demanded by the market.
Airborne-Trader
Posts: 14
Off Topic
Opinion:Hold
Price:0.34
Holdings
11 May '17
1st ever post on this BB. Sat back for over 6 months and just followed the BB's for the shares I am in. 20k in this at 1.18 average. I really feel for the guys that are well down in this. Sooooooooooooo hoping that good news will see us all hit some nice profit.

You do all keep me entertained on here whilst we are waiting ;-) Good luck to all.
bewareshadows
Posts: 357
Off Topic
Opinion:No Opinion
Price:0.34
RE: Carve
5 May '17
I feel for you, I cut my losses on this one 18 months ago and invested in Glencore at 77p.
Sometimes it goes right other times it goes range.
bountyman
Posts: 1,674
Off Topic
Opinion:No Opinion
Price:0.34
RE: Malcy's blog
5 May '17
Celtic, my understanding is that RRL/RRS would need to be trading withing 6 months but given that this is an RTO we will no longer be RRL/RRS but a new entity so we will not be simply coming out of suspension, but seeking listing (apologies if my wording is slightly off).

From my emails with Eva I very but doubt we will be trading as we know it in late August. The EGM to approve the RTO is “expected” Q3, I think the word “expected” is key. Yes it COULD be earlier, but knowing Range if they thought there was a chance to do this in Q2 at all then I would have expected them to say Q2 and likely slip into Q3. I feel it is more likely that the expectation is Q3 but “could” slip later. This is not an issue IF we are seeking admission as a new larger entity rather than simply coming out of suspension.

I think your observation over the protection availed by being suspended is a fair one. With the updates we received I would have fully expected us to be in the 0.2’s so I am grateful for that.

Time will tell, my post is not a scare tactic but I am not 100% convinced I will be able to buy/sell Range shares come 30th September.

KRO
Celticheart
Posts: 11,463
Observation
Opinion:No Opinion
Price:0.34
View Thread (2)
RE: Malcy's blog
5 May '17
We have to recommence trading within 6 months but I feel that with all that is happening in the background and in light of the RRDSL RTO the board will use all of that time to get their ducks in a row. Given that we suspended mid March I would not expect to see us trading before the summer so possibly mid to late August. If that means we come out of suspension a stronger company that is fine by me, not so long ago it looked like we might not have a company at all. By then waterflood should be well advanced too so should come out with a much better production level and hopefully Oil will have recovered from its current slide again.
roofman
Posts: 61
Off Topic
Opinion:No Opinion
Price:0.34
RE: Malcy's blog
5 May '17
Celtic. I like reading your posts without getting involved. I would like to ask you. When do you see rrl starting to trade again .
bountyman
Posts: 1,674
Off Topic
Opinion:No Opinion
Price:0.34
WTI
4 May '17
Not looking too rosey at c. $45 a barrel.

Only saving grace is we are not pumping out too much of it at the moment... (very tongue in cheek).

Cant we just have some bloomin good news for a change. I post a semi positive post and the backside falls out of POO.

Gonna be a long old year again

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.