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Range Resources Ltd Share Chat (RRL)



Share Price: 0.62Bid: 0.57Ask: 0.60Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.03Spread as %: 5.26%Open: 0.62High: 0.62Low: 0.58Yesterday’s Close: 0.62


Share Discussion for Range Res. (RRL)


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Rexco
Posts: 2,688
Observation
Opinion:Buy
Price:0.85
If you buy now....
9 Jun '15
you are very likely to double your money in 6 months
 
rookie88
Posts: 129
Off Topic
Opinion:No Opinion
Price:0.85
View Thread (2)
Never underestimate..
9 Jun '15
ranges potential to disappoint... 500 barrels a day 43m mcap... hmmmm
watp1
Posts: 1,168
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.85
Rrl
9 Jun '15
Last lot for me bargains
watp1
Posts: 1,168
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.85
Huge buy
9 Jun '15
Yes big buy premium also
Duckles
Posts: 480
Off Topic
Opinion:No Opinion
Price:0.85
Huge buy!
9 Jun '15
2.4 mill was it?
RichTheNewbie
Posts: 11,399
Observation
Opinion:No Opinion
Price:0.85
View Thread (2)
RE: Rrl
9 Jun '15
What a wolly! ;)
watp1
Posts: 1,168
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.85
View Thread (2)
Rrl
9 Jun '15
Someone paid 1p an hour ago
LSEJim
Posts: 27
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.84
SP Angel Morning Opinion
9 Jun '15
What, When and How Much and at What Cost?
The Company has now come back from trading and surged over 70% from pre-suspension levels. We continue to have very little idea as to how the Company is going to generate sufficient cash flow to carry the business forwards, apart from the fact that it will "focus on growing production."
Range is still trading due to the largess of its creditors, and with each passing day it requires more and more credit to keep it afloat, but the question isn't now just growing production, but how it will grow production to sufficient levels generating sufficient returns, to take control of it's future once again.
Last time we commented that the Company needs to shed its drilling business, which is did at the beginning of the year, so we apologise for missing that in our focus on trying to see where the growth is coming from. That is has shed a liability is a solid step forwards, and we must give credit where it is due for management coming to grips with where they are; the previous management were made a number of solid offers for a share in their rigs which were declined due to ego, so this is refreshing.
The key question as to how the Company will trade out of the debt hole that it is in needs to be addressed, or more specifically, what, how much and when. The Company needs to add profitable barrels, not marginal barrels that increase the top line, but do little for the net cash flow. This is nothing new, the adage that "turnover is vanity, profit is sanity, but cash is king," has never been truer than it is for Range today
thai
Posts: 240
Answer
Opinion:No Opinion
Price:0.89
Saltdome
9 Jun '15
Thanks for the reply saltdome noted!
SaltDome
Posts: 571
Off Topic
Opinion:No Opinion
Price:0.89
View Thread (3)
RE: Saltdome
9 Jun '15
"are allows" should read " are always"...





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