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Range Resources Ltd Share Chat (RRL)



Share Price: 1.59Bid: 1.56Ask: 1.59Change: -0.03 (-1.85%)Faller - Range Res.
Spread: 0.03Spread as %: 1.92%Open: 1.55High: 1.59Low: 1.53Yesterday’s Close: 1.62



Share Discussion for Range Res. (RRL)


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lewisycymoedd
Posts: 1,257
Off Topic
Opinion:No Opinion
Price:2.40
View Thread (13)
RE: lewis
18 Jul '14
NoHype. Answered you 30 minutes after you asked your 0953 question. I could not see anything on my screen either, but felt that something strange had happened at 2.32p. Was asking posters like yourself for advice, not abuse fgs. What is all this about filtering, people hating me and posting fraudulently? It just makes me laugh my socks off. I have spent my life doing all that to people's faces, not hiding behind a computer screen pouring imaginary burning oil on other posters. Rofl.
 
NoHypeJustBalance
Posts: 60
Off Topic
Opinion:No Opinion
Price:2.40
View Thread (13)
RE: lewis
18 Jul '14
Lewis - Let's get something straight here. There was nothing unambiguous about my post at 09.53

You have chosen not to reply to me directly.

You have claimed after over 1200 posts to not know what level 2 is which either makes you in investment terms unforgivable ignorant at best or a liar at worst. While you can't be criticised for not knowing any better, it is unlikely that after building up the number of posts you have here and the vitriol that many people seem to have towards you, that you not aware of what Level 2 is. How can you ask for a trade confirmation if you don't have access to level 2 or rolling trades? And how can any investor be so ignorant as to never in the history of their investments hear and then not bother to find out what level 2 is?

You asked for confirmation of a large trade that didn't exist and have refused to reply directly to what I wrote to you about it. I am starting to see why people have alluded that you are not worth engaging with.

Kindly set them wrong and answer my post of 09.53 directly and succinctly. If you once again choose to not reply to me directly, I will not filter you because that would make it impossible to report your posts. I expect a proper and intelligent reply or every time I see you posting false financial information as though it were fact for what can be perceived to be done with a goal to encourage trading action, I shall report your posts as fraudulent.

Finally, do not misrepresent my words which are clear for all to read. I have not criticised you for any gut predictions. My words this morning at 09.53 were as they always are - clear, leaving no room for misunderstanding.
AndytheMKDon
Posts: 7,589
Off Topic
Opinion:No Opinion
Price:2.45
EP.
18 Jul '14
How are you Phil? I'll get a mail over to you with some potential dates, of course we are into silly season but we can run the flag up the mast.. I guess a Thursday as always? ;+) andy.
Celticheart
Posts: 5,191
Observation
Opinion:Strong Buy
Price:2.45
View Thread (13)
RE: lewis
18 Jul '14
Like they say Lewis you only lose when you actually sell, until then it is just a paper loss. Was back in profit by a few grand this week and am sure I will be again soon. Like I said my average is 2.5p so feeling a lot more relaxed than I was at 0.6 pence :)
RichTheNewbie
Posts: 9,701
Answer
Opinion:No Opinion
Price:2.45
View Thread (13)
RE: lewis
18 Jul '14
Can't see the trade you're on about. But L2 is just shorthand for Level 2. Which is a data feed that allows you to see the order book rather than just the trades.
Shiningstar1
Posts: 7
Off Topic
Opinion:Strong Buy
Price:2.45
Strong?
18 Jul '14
Anyone how is L2 looking???
lewisycymoedd
Posts: 1,257
Off Topic
Opinion:No Opinion
Price:2.45
View Thread (13)
RE: lewis
18 Jul '14
Don't even know what L2 means. So a very untutored and thick shareholder. Know as much as Russell Grant, but apart from buying at 1.23p and watching a load of shares (for me) plummet to .61p I have been reasonably correct all the way. Sometimes I have been very grateful for CH's optimism about this share (even though he must have lost loads and really have been hurting.

I am tapping this out whilst serving burgers in Threadneedle street alongside my mates RTN and Bounty007, and wondering why I am being criticised for a gut feeling and an enquiry whether a big buy had gone through at 2.32p early this morning. Could it not be one of these massive delayed buys that we see going through almost every day at about 1720? (and that is a genuine query to those too idle to filter me)
Rexco
Posts: 2,476
Observation
Opinion:Strong Buy
Price:2.45
View Thread (3)
RE: albus
18 Jul '14
Andy,

It is obvious from Rory's recent presentations that he is not in a position to publish a drill pan because RRL are still waiting for either finance or the proceeds of asset sales to finish off the refurbishment of the rigs and the purchase of any more.

He emphasised the need to manage their costs and improve cash-flow.

So whilst Range have no debt to speak of they do not have the necessary funds to ramp up production either.

This is obvious from his modest year-end target. Hopefully the capital spend in this half will finally get all 12 rigs up and running by next year although realistically you will always have one rig in the shop for maintenance.

So what we are looking to are early asset sales and/or above target production to bring the ramp up in drilling forward.

The management obviously have a drilling plan but will not share it until it looks better than it does now, and maybe not even then knowing how close Rory keeps his cards to his chest.

I still make it a strong buy because with this management I see Range being very successful over the medium and long term.
ErraticPhil
Posts: 1,439
Off Topic
Opinion:No Opinion
Price:2.40
Andy/Pete/albus
18 Jul '14
I'd be up for a drink sooner than that, particularly having missed the Oil Barrel shindig. Good luck in Europe, Pete. Outrageous they are considering changing the only league name you can't colour in. What next, move the club miles from its fanbase? Not that that could ever happen...
RichTheNewbie
Posts: 9,701
Off Topic
Opinion:No Opinion
Price:2.42
View Thread (13)
RE: lewis
18 Jul '14
Outside the branch of Ikea.....?

(one for the oldies)



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