Celtic, I do worry for you with your conspiracy theories. I very much doubt that OMA could influence a share with 7bn shares in circulation. Plus he is too busy licking his wounds from his FRR losses hence why he has disappeared. He will no doubt come back, deny that and say that he actually made money inspite of saying how strong the fundementals were and heavily invested he was.
By as to your point, we have dropped and are dropping. We are back on the brink of the 0.2s (which I may be in a position to up my holding...) and this is depressing from the point that we were in the 0.5s not so far back.
Communication, as ever, is a joke with Range. How they can say they were testing the well, then backtrack to drill another well, only for the next well not to be drilled months later is frankly disgusting that we have not been updated.
I have said earlier in the year that I expect little in the way of news till October at the earliest. I wish I had listened to the voice in my head that thought the pump to 0.6p was too much too soon on little news and sold some at that point as could have nearly doubled my holding now.
I think we will come good. I expect 1p by year end but anybody saying that we are doing well at the moment is chatting bullshizzle.
The aussie directors look decent from what I can see but something still smells around Chen's sudden departure.
Anyhows England beat Wales so its been a good week in my eyes.
Not one of them called 'Bruce' or Peter! The Chinese are also after my other share, MXO and hold a massive amount, c25%. Soon be ripe for a possible Take-over. It is good that the Chinese consist of a large number of the BoD as these are 'go ahead' guys who want results and returns on their Investment. Will RRL ever 'surge' again to give shareholder value?
We still seem to be attracting heavyweight talent, one with extensive waterflood experience in China which is a very good thing, boeds well for the future. We now of course comply with ASX rules so they can come out of suspension.
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