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Range Resources Ltd Share Chat (RRL)



Share Price: 0.73Bid: 0.71Ask: 0.75Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.04Spread as %: 5.63%Open: 0.72High: 0.75Low: 0.72Yesterday’s Close: 0.73


Share Discussion for Range Res. (RRL)


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smokinjoe
Posts: 3,511
Off Topic
Opinion:No Opinion
Price:0.82
View Thread (5)
RE: Smokinjoe
5 Nov '14
youngbuck they are a real nasty lot.. seems a lot worse on this board than others I look at
 
Youngbuck87
Posts: 762
Off Topic
Opinion:No Opinion
Price:0.82
Very tight spread
5 Nov '14
Whats the reasoning?
Youngbuck87
Posts: 762
Off Topic
Opinion:No Opinion
Price:0.82
View Thread (5)
Smokinjoe
5 Nov '14
Joe,

That's because they don't have a holding, and are looking for a lower entry point, hence the low SP "predictions".
smokinjoe
Posts: 3,511
Off Topic
Opinion:No Opinion
Price:0.82
View Thread (5)
RE: Two Case Studies
5 Nov '14
Lewis....I agree with you on lots of points.. but I also think the negativity on this board also affects the shares.. new buyers are put off.. cannot understand why people do not sell if they hate the share so much....
vanguard
Posts: 816
Off Topic
Opinion:No Opinion
Price:0.82
BOPD
5 Nov '14
If we use our new found wealth correctly, get the rigs up and running, hope for the best from waterflood, put LOs and the boards expertise to good use what do you think the BOPD may be at this time next year 2000+ ? or s this a conservative guesstimate
lewisycymoedd
Posts: 1,910
Off Topic
Opinion:Strong Buy
Price:0.82
View Thread (5)
RE: Two Case Studies
5 Nov '14
Suspect there are several things that affect share price:
1. Performance of company. Profit basically. Happy with way it is going, but very early days and will be more "brown envelope" days like permit delays and petebo "why say it is operational when I just saw rig on the beach at Morne Diablo sunning itself with crew?" questions. So tend to agree with cb that shares not worth a lot per se till things are proved to be happening.
2. Assets of company. Said by others to be worth 1.4p a share before these extra shares.
3. Confidence in BOD and strategy going forwards.

I am sure many of you know that you can sit in a board room and the share price can move widely and you are left wondering why. Shareholder value is something you care about a lot, particularly if you have skin in it (copywrite Hill-Wood) but all you can do is do your jobs to best of ability, set targets, try and hit them and hope one day you will get a return on your share options.
bountyhunter007
Posts: 895
Off Topic
Opinion:No Opinion
Price:0.82
View Thread (2)
RE: Trinidad rigs
5 Nov '14
Range have been one of very few lucky companies where executives don't have to give reasons for hold ups, extended delays and failures. There are quite a few holders who are willing form their own hypothesis for failures, and promote them on various boards.
lewisycymoedd
Posts: 1,910
Off Topic
Opinion:Strong Buy
Price:0.82
View Thread (6)
RE: Bury the Hatchet?
5 Nov '14
Yes, it was bewareshadows. If I am going to predict fireworks, today is a good day. :-)
Rexco
Posts: 2,622
Observation
Opinion:No Opinion
Price:0.82
View Thread (2)
Trinidad rigs
5 Nov '14
In my opinion the delay in sign offs is down to the lack of a STOW and the need to ensure the operational rigs are safe.

The Lind loan should emable RRL to cover any necessary safety considerations.

The new operations management should give Petrotrin confidence in the quality of the operating company going forward and drilling work and production should increase month on month in future.

Finally the water flood is now funded and RRL should have no hold ups there. So here is hoping our luck will change in 2015.

GLA
Youngbuck87
Posts: 762
Answer
Opinion:No Opinion
Price:0.82
View Thread (4)
RE: YB
5 Nov '14
Carve,

That link is the one i posted to you yesterday? The exceptions listed are;

an acquisition that results from an acceptance of an offer under a takeover bid (item 1 of s611)
an acquisition approved by a resolution of the company in which the acquisition is made (item 7 of s611)
acquisitions of no more than 3% in every 6 months (the 3% "creep" exception in item 9 of s611)
an acquisition that results from a rights issue (item 10 of s611)

Which i don’t think have any relation to the MOU?

With respect to the SP & 1p, you never did answer my question in regards to the 0.006 to 0.027 increase? Some 450% increase on the back of the last 1p funding placement at 1p? And with increasing production and now fully funded for the foreseeable, which FACTS can you give me to support your comments? Not fantasy world, but hard facts? Btw, I’m not saying this is going to hit .027 again, but then again I’m not saying it couldn’t, Also I’m not making judgment based on pure fantasy and delusion either...so i guess that’s where we differ.

Carve, btw, after youve spent so much time on here, what is your holding and avergae?

Thanks



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