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Share Views: Mike van Dulken on today's Company Results and Macro considerations


Range Resources Ltd Share Chat (RRL)



Share Price: 0.34Bid: 0.33Ask: 0.35Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.02Spread as %: 6.06%Open: 0.34High: 0.00Low: 0.00Yesterday’s Close: 0.34


Share Discussion for Range Resources Ltd


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juvettetrader
Posts: 9
Off Topic
Opinion:Strong Sell
Price:0.34
Incapable managers
Today 14:40
These people are here just to take their salaries, they do nothing for this company. We have to say bye bye to our money . This happens when you believe unprofessional jokers called managers. Absolutely no chance for this share price to recover. Shocked. Check UKOG, beautiful story but not here.
 
Landauslide
Posts: 688
Off Topic
Opinion:No Opinion
Price:0.34
RE: RNS
Today 12:12
They are still modelling , an exit that is.
Landauslide
Posts: 688
Off Topic
Opinion:No Opinion
Price:0.34
RE: RNS
Today 12:10
Even Celtic has no positive spin for this ****. Hurry up trade so that I can cut my losses and move on from this dog. $30 mil for 50 bopd that's some return.
chama1977
Posts: 169
Off Topic
Opinion:No Opinion
Price:0.34
bpd
Today 09:52
600? pathetic
carvegyber
Posts: 5,581
Off Topic
Opinion:No Opinion
Price:0.34
RE: RNS
Today 09:43
That was pretty uninspiring from the Chinese. It does look like they have lost hope with this project and all their actions seem to point to extraction of their capital risks. In 3 years' time, when all that money needs to be repaid, it will be a case of que sera sera as far as they are concerned.

Injection production of 40-50bpd can't seriously be economic considering they blew $30m in 2-3 years to get this far!

If you think the acreage will produce a 1000bpd gusher, then hold. If not, sell when you can. Simple as that. Pure logic and economics and no arguing with it.
robins
Posts: 1,237
Off Topic
Opinion:No Opinion
Price:0.34
RNS
Today 09:35
Production down. What is going on?
ErraticPhil
Posts: 1,847
Off Topic
Opinion:No Opinion
Price:0.34
RE: rig
Tue 23:52
Dormant is probably the best description, Renner. Whilst some of the reps seem to have largely moved on with their lives, some might still be interested in doing something to revive it if the membership so wishes.
upZEposh
Posts: 16
Off Topic
Opinion:No Opinion
Price:0.34
RE: Rmp Rns
Tue 19:06
Hope is all we have for now, I'm sitting at 1.8p to break even
PiranhaPires
Posts: 6
Off Topic
Opinion:No Opinion
Price:0.34
RE: Rmp Rns
Tue 12:51
Will it help to bring the current SH price up?
I only need it to get to 2.5p for my breakeven
Nomoremoney
Posts: 1
Observation
Opinion:No Opinion
Price:0.34
Rmp Rns
Mon 11:02
Hello everyone
Have you seen the latest Rmp update.

Georgia

Over the course of the past month, Red Emperor has been negotiating with Range Resources Limited to sell its 20% interest in Strait Oil & Gas for a nominal sum and a royalty. After a long and frustrating Joint Venture and uncertainty over the tenure of Blocks VIa and VIb, the company concluded that a divestment was both prudent and opportunistic. Full details of the proposed sale will be made available to shareholders in due course after formal documentation has been agreed and executed. The carrying value of this asset was written down to nil some time ago and the Company does not consider its shareholding to be of a core nature to its ongoing business activities or strategy.

Terry




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