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Range Resources Ltd Share Chat (RRL)



Share Price: 0.575Bid: 0.56Ask: 0.59Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.03Spread as %: 5.36%Open: 0.58High: 0.58Low: 0.56Yesterday’s Close: 0.575



Share Discussion for Range Res. (RRL)


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Youngbuck87
Posts: 907
Observation
Opinion:No Opinion
Price:0.72
After Hours
12 Jun '15
16:46:28
0.79 6,500,000 51.35k
 
Celticheart
Posts: 7,335
Off Topic
Opinion:No Opinion
Price:0.72
ansom
12 Jun '15
Away with my Irish band to Swansea tonight, catch you later :)
Celticheart
Posts: 7,335
Off Topic
Opinion:No Opinion
Price:0.72
View Thread (2)
ansom
12 Jun '15
A small detail for you to ponder on, Lewis is a self confessed 69 year old, I am 63 what is it that twins have in common? :)
BhoyGeorge
Posts: 1,627
Off Topic
Opinion:No Opinion
Price:0.72
View Thread (12)
RE: SP..
12 Jun '15
carve Equating cashflow positive to profit is very misleading

yes you are right about that, but it doesn't matter that LO is doing the drilling. Chen will capitilise the costs whenever they arise and claim "Cashflow positive" from operations.

Yes it is not real bottom line profit, but all the oilers do this , it is devious but not unusual. It fools a lot of morons into insisting that their own 'pet oiler' is profitable and so has the desired effect. When the reality is it's a POS leaking money like a sieve.
Celticheart
Posts: 7,335
Off Topic
Opinion:No Opinion
Price:0.72
ansom
12 Jun '15
Sorry to disappoint I am a twin but not with Lewis, in fact we have never met despite Wales being a relatively small country. I have been out at meetings for most of the day so have not really posted much today and what I did was mostly early on.
MartinOil
Posts: 504
Off Topic
Opinion:No Opinion
Price:0.75
View Thread (2)
RE: Celtic
12 Jun '15
If it is then they will be done soon, "only" 32m.
watp1
Posts: 1,172
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.73
View Thread (2)
Celtic
12 Jun '15
Stop losses give it a rest this is being walked down by lind! Bag of crap I've been caught again
Celticheart
Posts: 7,335
Observation
Opinion:No Opinion
Price:0.76
View Thread (2)
AT trades are back
12 Jun '15
Look at the number of AT trades and tell me how many are being stop-lossed out of Range today. A very good reason not to set stop losses on smallcap volatile shares. That combined with Lind possibly dumping collateral shares. Watch this recover next week on positive sentiment.
carvegyber
Posts: 5,389
Off Topic
Opinion:No Opinion
Price:0.75
View Thread (12)
RE: SP..
12 Jun '15
Rex. Let's not confuse matters. Equating cashflow positive to profit is very misleading. What RRL is doing is deferring those costs by using LO's credit line. Gonna be a time to stump up.

Bit like the MBNA credit card. 0% balance transfer for 12 months. You spend it all then find out you have to pay through your nose when you can't repay the whole thing in 12 months.

Bhoy, not every single aim oiler has a related party deferring drilling invoices for 12 months which distorts the cashflow statement.

It is a good thing to be able to defer it though as RRL needs all the cash it can get its hands on. As for the costs under new structure, well, let's wait and see. That imo is the best bet.
SaltDome
Posts: 610
Off Topic
Opinion:No Opinion
Price:0.75
View Thread (12)
RE: SP..
12 Jun '15
..and yet supposedly Bobby never knew a thing about Libor rigging; somehow I'm not feeling the Feng shui on that one either...:)





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