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Range Resources Ltd Share Chat (RRL)



Share Price: 1.70Bid: 1.67Ask: 1.75Change: -0.10 (-5.56%)Faller - Range Res.
Spread: 0.08Spread as %: 4.79%Open: 1.76High: 1.76Low: 1.60Yesterday’s Close: 1.80



Share Discussion for Range Res. (RRL)


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TIPTOP
Posts: 3,292
Answer
Opinion:Strong Buy
Price:2.55
View Thread (2)
RE: TIPTOP
17 Jul '14
Cheers. Just highlights it though :-)
 
Celticheart
Posts: 5,177
Observation
Opinion:Strong Buy
Price:2.55
ASX up 2.222% in line with AIM
17 Jul '14
Decent volume traded on ASX overnight again

0.046 2.222% $0.001 0.044 0.046 0.045 0.046 0.045 3,455,155
MartinOil
Posts: 248
Off Topic
Opinion:No Opinion
Price:2.52
CH
17 Jul '14
Thanks CH.
Celticheart
Posts: 5,177
Observation
Opinion:Strong Buy
Price:2.52
View Thread (2)
TIPTOP
17 Jul '14
Point taken regarding our relative asset value, thanks :)
rob295
Posts: 1,922
Off Topic
Opinion:No Opinion
Price:2.52
TIPTOP
17 Jul '14
I suspect that would be the rate... don't really think much maths has been done on gross per barrel, but it should be very strong in the next set of accounts to use the new fiscal. Talk of $16-25 gob is baloney in my view based on financial results.
TIPTOP
Posts: 3,292
Observation
Opinion:No Opinion
Price:2.52
View Thread (2)
RE: value
17 Jul '14
OK.....In the interests of science it's well over $1.5bn in a direct comparison
Celticheart
Posts: 5,177
Observation
Opinion:No Opinion
Price:2.52
TIPTOP
17 Jul '14
As I understand it LGO have not bought anything yet as it is still very much subject to Due diligence and regulatory approval by Petrotrin. Interesting that DL can manage to put such a positive spin on dilution though :)
TIPTOP
Posts: 3,292
Observation
Opinion:Strong Buy
Price:2.52
View Thread (2)
value
17 Jul '14
So LGO have paid $5m for 810 acres in Trini. Calculator anyone ;-)

I realise we can't just multiply this acreage by ours but it dies highlight once again the immense value of our acreage in Trini
Celticheart
Posts: 5,177
Observation
Opinion:Strong Buy
Price:2.52
MartinOil
17 Jul '14
We will get some profit taking along the way, mostly from those that bought in at the lows but overall we are in a rising trend channel. Trades are still breaking the top BB and best of all no spike, check out the RSI at around 74 no great over buying signal as there was back in May when we retraced. MACD and ParabSAR both still very positive.
I believe the steady growth will continue for now just on positive sentiment, with good news pushing us up to the 3.5 mark and above in the not too distant future hopefully.

http://i1301.photobucket.com/albums/ag109/Celticheartinvestor/RRL_zpscd491633.jpg
MartinOil
Posts: 248
Off Topic
Opinion:No Opinion
Price:2.52
CH
17 Jul '14
You see a consolidation / retrace on the cards? Or is our current slow and steady (for an AIM oiler anyway) preventing that?



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