"Scott Russell expects Range’s rigs will soon be turning around the clock in Trinidad, following the investment into the fleet, and as a result he expects production to ramp up to the 1,000 barrel a day target in the first half of 2015. Once there, the operation will be approaching something close to optimal performance with improved cost management enhancing cash-flows further." Can someone please explain what the third line means... "Optimal performance" Many thanks..
I don't know what material you are made of..it has been really difficult to believe to actually exists...even now you are suggesting people its over sold...don't you think you need to tender your apology for getting RRL worng infinite times which cost hard earned money to numerous investors...you say you don't give recommendations but your every post encoucrage people to dip their toe in RRL. If you are really an honest man then at times you must also predict downward movement which you never do. Now we all know shares never move in one direction no matter how good the company is, but you are not an honest man so never predict downward movement. I remember just to prove that your exist you created another dummy poster who vouched for your existence. Infact noone has never met you, and you seem to be one of RRL idiot BoDs.
Ive invested in this and others by reading the company's rns's. Trouble is when you have people like PL in charge, just a conning twat, then investing in these company's becomes a gamble. Like Range, Vog Fml Jlp Anr Bgl, I've invested in them all, none of these company's tell the truth, just fantasy targets and plenty of bull ****. All directors running these company's just want to line there own pockets and don't give a toss about real share holders.
What a truly stupid comment. 'RRL deserves to go under'. You're posting on a RRL board son and you make a comment as outrageous as that. What an absolute disgrace. Do you actually engage that tiny brain of yours before you type. If you read your comments back you come across as a thick individual anyway. But this is ridiculous. You really have out done yourself with that post. And yet you continue to post on here.
Not sure what your obsession with me is other than it is extremely unhealthy and I suspect you have issues that need specialist help. Your comment that I am "just there to be ridiculed" is pathetic. I gave you the opportunity to meet me face to face and explain the problems you have with me but, not surprisingly, you declined.
You say that the naivety of posters on here is beyond belief well I feel that the arrogance and sheer rudeness of some, you especially, is far worse. That is all I have to say on the matter so don't bother responding.
Do people persist in investing in a company where there is not, and has never been, any confidence in the management or the company performance.
If the whole board stepped down and a new board suddenly decided that they would now be making loft ladders, you can bet that half the people on here would hold and average down.
The fact that RIG even exists should be a clue in itself that it is not somewhere to invest long term in.
Out of the 1,000's of companies to invest in, why do people persist with dog stocks like Range.
Could it be that you haven't read page 1, rule 1. Dont get emotional with a share.
Somewhere on page 2 is about the failure to admit you got it wrong and to know when to cut your losses and make an exit.
Who wants to wait 5 or 10 years for a return. People invest and trade because they want to make money, but u all seem content with 2 & 3p averages when the SP is sub 1p.
A bunch of rabbits on the motorway frozen with fear unable to run. Well there is a big truck with RRL on the grill heading straight for you. It has been for years, but u are all just too dim to get out of the way.
How CH still wanders about with his head in the clouds and cannot see what is going on around him, makes me wonder whether he is after all just not a very bright individual who thinks he knows it all, and not the deceptive person I originally thought he might be. Kinda like the fools on XFactor who are worse than bad, yet think they have talent. Just there to be ridiculed.
The naivety of the posters on here is beyond belief.
Usually I like the Rig letters, but whoever wrote 'although your Oil Credentials cannot be faulted' to describe Rory has no experience at all of Shell. Rory's Oil CV is a joke. He has absolutely no Oil Field experience, and the majority of his 10 years with Shell will have been spent pushing numbers about in Excel 2010 in the Hague. Rory is not up to this job, he is and always was a low level Corporate Clerk.
Echoing the comments of its members and reflecting a significant majority of board sentiment since yesterday's announcemnets in particular, RIG today wrote to Mr Scott Russell. This letter can be read on www.rangeinvestorgroup.com on the specfic thread:
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