Perhaps I do not read posts as closely as I should, Phil. But has not CH said several times he was a RIG member and fully subscribed to what they were initially trying to achieve. He has left RIG because he feels they no longer have an agenda that 100% helps the "cause". I immediately felt they may have lost the plot when I first looked at what they are trying to do to RRL.
The irony in your 1633 post is that a key reason for the formation of RIG was that those paid by the company to perform simply weren't doing so. RIG continues to do it's work for free for the overall benefit of the company and shareholders so your understanding of that would be appreciated.
Maybe you could ask your mummy if she has any advice on bitter posters if they are upsetting you Lewis ? : )
I don't think it's so much bitter posters here - more just PI's ( like yourself ? ) who have had their eyes opened and see the whole operation for what it is.... It's quite clear really..... I don't think of myself as a " basher " certainly not - I advise you NOT to take my word on anything but to DYOR..... Anyway - I'll leave you in peace - Good Luck All :)
This constant company bashing really gets up my .....nose. This is a forum for shareholders. I am a new shareholder. I thought posters would all be positive and upbeat like CH, and many are.
But they are constantly thrashed by a load of people who clearly blame everybody but themselves for the share slide. My simple approach to economics is that we have to get production significantly up and costs significantly down. Dilution is ok as long as it not so much that it drags share price to the floor. And the BOD seems to be trying to tackle these priorities and we await news of success and failure as plans progress.
Share price is a very sensitive issue. I think it will go up quite fast quite soon. But would you buy if you read some of the bitter posts on here. Have no problems with those who have little confidence in the future, but can't help feeling that many of the bitter have lost loads of money, got out of Range but will not let it go and move on with their lives.
I am really surprised how could you have go on genuine PIs who have been fleeced by this company. We have been hearing this for quite long time that management is working diligently to deliver shareholder's value..yet you can see where we are now...did you guys (Celtic incl.) ever bother to correspond with Range management to really figure out what they are up to? The contents of last RIG letter cast some serious doubt to RRL management, and to certain degree its been accepted by NOMAD as well.
mikeboy My mummy told me a trick. If you come across a nasty man, just imagine him with no clothes on. You will then not be bullied.
Hoever nice or nasty RSR and new team are, they are focussed and professional. That is all I want as an investor at moment. In a few weeks/months, I will be happier if I get some good news from Range. Think news may come very quickly and mostly very good news, but very much understand the scepticism. But do not understand the constant delight at how clever punters are when shares are sliding for no obvious reason.
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