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Caps Lock on… DAVID LENIGAS on this week’s Share Views!! Watch here

Share Views Episode 10 - DAVID LENIGAS talks Gatwick Gusher and AAAP


Range Resources Ltd Share Chat (RRL)



Share Price: 0.4795Bid: 0.43Ask: 0.529Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.099Spread as %: 23.02%Open: 0.475High: 0.4795Low: 0.475Yesterday’s Close: 0.4795


Share Discussion for Range Resources Ltd


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MartinOil
Posts: 940
Off Topic
Opinion:No Opinion
Price:0.56
View Thread (5)
Update
24 Apr '16
Oma didn't you say within the last 3 months that RRL would not go over 0.05 for at least a year.

Anyway good luck on FRR a lot of decent LTH's there too who deserve a break.
 
renner66
Posts: 57
Off Topic
Opinion:No Opinion
Price:0.56
share price
24 Apr '16
Hi All
Im Very Happy to see the share price rise .But like others wondering why its gone up so much .JUst a thought why would Sibco not buy up all these loose shares I certainly would if i had already committed 20 mil for shares at 0,8 .
Dodger777
Posts: 1,104
Observation
Opinion:No Opinion
Price:0.56
View Thread (6)
RE: Update
24 Apr '16
So basically you posted your usual tripe Oma just so you could ramp Frr on the Range board.
What an appalling individual you are.

I would suggest everyone reports his below post. Ramping another share while posting his ridiculous views must be against the rules.
Post reported.
Celticheart
Posts: 9,848
Observation
Opinion:No Opinion
Price:0.56
View Thread (2)
Update
24 Apr '16
Oh dear, I think someone missed the boat. Could it not be that there is little point accelerating drilling until the POO starts to recover which looks very much on the cards right now, despite the lack of agreement in Doha. The Chinese are massively stockpiling in underground caverns, their demand is growing and Russia are already trying to get another meeting together which I suspect will force Saudi to comply.
OMADAWN
Posts: 1,602
Off Topic
Opinion:No Opinion
Price:0.56
Update
24 Apr '16
Can’t understand a rise of the back of the quarterlies and hot air but you have to use it to make money as a speculative play. The quarterlies show the cash position and movements. What they don’t show is the growing debt that is building up that has to be repaid to Land Ocean. Goods / Services received not invoiced etc.

The credit terms on offer are designed to ensure that all net revenues from oil production are passed through to Land Ocean and gain leverage on their accounts.

LGO produced an RNA which takes the piddle out of the “approvals” excuse, it is very apparent that delaying tactics are being used to shift expenditure post 30tH June to avoid significant debt on the balance sheet and an auditors note as at that stage, with the delays” they would have to append the accounts as there will be insufficient production to support the debt, other than a wish and a promise.

I’ve shifted funds across to FRR, with gas sales revenues due to be reported, increased production near term and a CPR imminent. I am of the view that there is a better than 50% chance of an outright purchase of 50% of the business. The MCap has fallen because of the closing near term debt problem, much the same as RRL will see when the accounts are published and debt will exceed free cash without supporting production.
pigmonster
Posts: 642
Off Topic
Opinion:No Opinion
Price:0.56
View Thread (2)
Youngbuck, brancher
23 Apr '16
Good luck to you both, an to all long term holders. Good luck to the federal courts of Western Australia.
Thebrancher
Posts: 126
Off Topic
Opinion:No Opinion
Price:0.56
View Thread (2)
Landau
23 Apr '16
Another 3 years holding for me. Hope to be higher than my AV of 2.8p. (Holding 1 mill shares) To be honest I thought I'd lost it all due to Landau but the company's in better hands now. Fingers crossed, good luck all longterm holders and new.
Youngbuck87
Posts: 1,047
Off Topic
Opinion:No Opinion
Price:0.56
View Thread (2)
RE: Landau
23 Apr '16
Good luck Pig, I've got just over 1p average...hopefully to be seen in next few weeks!
pigmonster
Posts: 642
Off Topic
Opinion:No Opinion
Price:0.56
View Thread (2)
Landau
23 Apr '16
Been here since puntland I've averaged down over the years an need 4.5p. Can't see that happening but you never know
MRPlumper
Posts: 939
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.56
View Thread (2)
RE: Re Landau
23 Apr '16
Let's hope he gets everything he deserves the scumbag prison is to good for him i need 5 and a half p good luck everyone




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