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RRL Share Chat - RSS Feed

Range Resources Ltd Share Chat (RRL)



Share Price: 0.535Bid: 0.56Ask: 0.64Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.08Spread as %: 14.29%Open: 0.535High: 0.00Low: 0.00Yesterday’s Close: 0.535


Share Discussion for Range Res. (RRL)


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tradernor
Posts: 886
Off Topic
Opinion:No Opinion
Price:0.54
View Thread (2)
RE: Latin & South Amer:The Ener..
8 Mar '15
Given also that RRL has acreage in Colombia, very good news from Colombia and FARC was out today:

http://www.aljazeera.com/news/2015/03/colombia-farc-rebels-reach-deal-clear-landmines-150307225735901.html
 
Rexco
Posts: 2,667
Off Topic
Opinion:No Opinion
Price:0.54
View Thread (2)
RE: Carve
7 Mar '15
Carve,

I do hope that at long last you will be wrong about RRL and the share price will kick on a bit this year after the EGM.

This suspension has been a killer due to all the opportunity losses that investors have made over the last umpteen months with the market kicking on. Oh woe is me.

Every time I see the wife she reminds me of all the money I have lost. I don't think I will ever get out of this doghouse.

;o)
Rexco
Posts: 2,667
Off Topic
Opinion:No Opinion
Price:0.54
View Thread (7)
RE: YB
7 Mar '15
Alocasia

OMA's calculator was a joke he made on WS some time back and as my son would say I was just joshing with him.

The only thing he got wrong was calling me a she. If I was a she I would be a real dog.

Funny thing is his joke calculator might even be right.
OMADAWN
Posts: 263
Off Topic
Opinion:No Opinion
Price:0.54
View Thread (7)
RE: YB
7 Mar '15
Lind have submitted heir claim by way of an SD which sets an upper bound on the claim that they can make. RRL will I believe put up a defence. Once this has been submitted we are on safe ground, as LIND becomes a side issue.

Either the matter will progress through the courts beyond the date of the CORE funding being received or LIND will resume negotiations with RRL having the upper hand. RRL will be in a position to settle either way,

RRL have no other pressing creditors, so could resume trading as a going concern before the EGM.

Those, like me, that then see LIND as a side issue would sieze any opportunity to average down further and soak up the stock of sellers. If you look at the BZM sells vs buys, you can see how easily the price could shoot back up.
Alocasia
Posts: 5,264
Off Topic
Opinion:No Opinion
Price:0.54
View Thread (7)
RE: YB
7 Mar '15
It would be nice if it did do a BZM and jump to 2.9p on re-opening after all the false dawns here (no pun intended) but I'd settle for the double-sided option of 1.4p for starters. We must be due some luck here after all the buffeting.
OMADAWN
Posts: 263
Off Topic
Opinion:No Opinion
Price:0.54
View Thread (7)
RE: YB
6 Mar '15
Alocasia,

For a bit of fun on WS, whilst it was quiet, I did a forecast based on the number of pages in the NoM documentation. Rexco was mucking around when she said it was 2.9p (29 pages) and 2900 bopd.(10 * No, Pages) I corrected him on WS in that the pages were doubled sided so it should be 1.4p and 1450 bopd year end.

Carvey has clearly used the predictor for working out the 2.9p without knowing that the model was corrected for double side printing, now that Range are more efficient.

Oma
Alocasia
Posts: 5,264
Off Topic
Opinion:No Opinion
Price:0.54
View Thread (7)
RE: YB
6 Mar '15
Oma, I think it was Rexco who said according to your calculation it would be that price after suspension and you didn't disagree with his assumption when he said it, but I'm not sure what calc he was referring to.
OMADAWN
Posts: 263
Off Topic
Opinion:No Opinion
Price:0.54
View Thread (7)
RE: YB
6 Mar '15
Carvey,

When did I ever say it would, open up at 2.9p...please copy and paste the quite for all to see.

Oma
carvegyber
Posts: 5,360
Off Topic
Opinion:No Opinion
Price:0.54
View Thread (7)
YB
6 Mar '15
Wriggly wriggly... lol

Course not. You should have got the subclause out before the bet. Can't move the goalpost after the event.... Since OMA said this will open at 2.9p, I will extend it to 15th april so that it has time to rise after the suspension post the march vote..

Can't be more generous than that.

Before that, there is the Lind bridge to cross...
Youngbuck87
Posts: 894
Off Topic
Opinion:No Opinion
Price:0.54
View Thread (2)
Carve
6 Mar '15
Not me pal, was there sub clause seeing we've been in suspension 3 months? Like the Georgia get out clause I gave you?





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