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Range Resources Ltd Share Chat (RRL)



Share Price: 0.58Bid: 0.53Ask: 0.63Change: 0.07 (+13.73%)Riser - Range Res.
Spread: 0.10Spread as %: 18.87%Open: 0.61High: 0.61Low: 0.58Yesterday’s Close: 0.51



Share Discussion for Range Res. (RRL)


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lewisycymoedd
Posts: 3,574
Off Topic
Opinion:Strong Buy
Price:0.59
View Thread (5)
RE: yuffspetpoodle
29 Jul '15
Bore da, Celtic. Coluld I just add a few that you missed:

1. $30 million funding in place subject to shareholder approval (a gimme)

2. 4 new rigs on order, one probably arrived last week, other two en route and expected to arrive before end of August in TT.

3. LO now responsible for drilling through RRDL (200 + staff now not on RRL payroll)

4. Non-core assets being sold to raise $7.7 million

5. Lind decision being appealed

6. BOD investing significant skin in Range

7. Canari North exploration well due to spud this week ie by Saturday 1st August.

8. Waterflood planning in advanced stages

9. Brand new deep drill (4000m, deep as Mont Blanc is high!!!) will target the Herreras

10. We also have a free 10% carry in Colombia "The Company continues to hold fully-carried 10% interest in three exploration blocks, PUT-5, VMM-7, and VSM-1, located in mature basins of the Putumayo and Magdalena Valleys. Range has nil value attributed to these blocks on its balance sheet as at 31 December 2014."

Colombo (for benefit of a couple of YPP tickers) in neither in Sril Lanka or USA. It is very close to Trinidad and Tobago with loads of oil.

Haven't mentioned possibilities of Trinity either.
 
Celticheart
Posts: 7,705
Observation
Opinion:No Opinion
Price:0.59
View Thread (5)
yuffspetpoodle
29 Jul '15
Just for you Yuff I will repost this from yesterday because you obviously can't see the bigger picture:

$30 million funding in place subject to shareholder approval

4 new rigs on order, one on route the other three in TT by September

LO now responsible for drilling through RRDL (200 + staff now not on RRL payroll)

Non-core assets being sold to raise $7.7 million

Lind decision being appealed

BOD investing in Range

Canari North exploration well due to spud this week

Waterflood planning in advanced stages

Brand new deep drill will target the Herreras

Ignoring the background noise this is where we are with Range right now:

$30 million funding in place subject to shareholder approval

4 new rigs on order, one on route the other three in TT by September

LO now responsible for drilling through RRDL (200 + staff now not on RRL payroll)

Non-core assets being sold to raise $7.7 million

Lind decision being appealed

BOD investing in Range

Canari North exploration well due to spud this week

Waterflood planning in advanced stages

Brand new deep drill will target the Herreras

Ignore those that tell you this company does not have a great future, it does!Ignoring the background noise this is where we are with Range right now:

$30 million funding in place subject to shareholder approval

4 new rigs on order, one on route the other three in TT by September

LO now responsible for drilling through RRDL (200 + staff now not on RRL payroll)

Non-core assets being sold to raise $7.7 million

Lind decision being appealed

BOD investing in Range

Canari North exploration well due to spud this week

Waterflood planning in advanced stages

Brand new deep drill will target the Herreras

We also have a free 10% carry in Colombia "The Company continues to hold fully-carried 10% interest in three exploration blocks, PUT-5, VMM-7, and VSM-1, located in mature basins of the Putumayo and Magdalena Valleys. Range has nil value attributed to these blocks on its balance sheet as at 31 December 2014."

Now can you see it? :)
Yuffspetpoodl
Posts: 622
Off Topic
Opinion:No Opinion
Price:0.59
View Thread (2)
RE: YPP
29 Jul '15
Lewis

I'd do a bit more research if I were you.
Range lost a huge amount of money last year, they only returned to market when an investor deposited funds to prove they could pay the Lind monies, 2 months ago. Do you honestly believe they haven't dipped into that cash with the wit price sub $50 bopd?
Who are platinum loans, Lind etc ......range go round with the begging bowl for cash every quarter!
Look at LGO's RNS today and check out depletion rates, it's not going to be a great day if you're a range shareholder and if I was SIBO I'd seriously be considering my position, no doubt that clown DBW will average down again! Perhaps Dan and Celtic are one and the same!
lewisycymoedd
Posts: 3,574
Off Topic
Opinion:Strong Buy
Price:0.59
Price of Oil
28 Jul '15
Not saying this isn't a massive issue - BP losts huge amount recently.

But on L** bb they claim they can make a profit at these prices because they have got a very low cost base. I believe that, and so do most of their shareholders according to their bb. We are told by DC that we can also now make a profit when oil price is very low, and I believe him as I think Nick Beattie in particular has swiped through our unnecessary costs like a vulture.

So why do so many posters on here not believe DC. Is there a correlation between not believing Range BOD and not owning Range shares any more?
lewisycymoedd
Posts: 3,574
Off Topic
Opinion:Strong Buy
Price:0.59
View Thread (2)
YPP
28 Jul '15
Claptrap? This was a recent post - not to CH as usual but to EPhil:

"I think most sensible posters on here realise range can't afford to pay Lind at the moment.

They are literally paying loans off with other loans to remain solvent.

They haven't got a hope of winning an appeal it's just a delaying tactic which costs money."

Allo 3 of those claims are almost certainly wrong. False claims like that will do the value of your shareholding in Range no good at all. Why don't you pose those questions to David Chen and Yan Liu at next Q&A if you think there is any truth in any of them.
Yuffspetpoodl
Posts: 622
Off Topic
Opinion:No Opinion
Price:0.59
View Thread (5)
RE: COP target
28 Jul '15
Stilly pedalling your optimistic clap trap!!!
Sub 0.5p after the quarterlies and current production figures!
Rexco
Posts: 2,691
Off Topic
Opinion:No Opinion
Price:0.59
View Thread (3)
RE: Look at the real picture
28 Jul '15
What market?

Seems to me that AIM is not a market but more like a Casino.
lewisycymoedd
Posts: 3,574
Off Topic
Opinion:Strong Buy
Price:0.59
Price
28 Jul '15
Was really upset when I saw .585p close this evening, even though that was my forecast for today. Thought RNS yesterday (both) were quite encouraging to current shareholders and was expecting the .8p that CH forecast. And All Aim was fractionally up today. So very disappointed at first.

But then I had a quick look at L** and TRIN and an absolute disaster for both of them today. Range have actually held up well, and lots of confidence at .6p this afternoon. And we still have had no confirmation that Rig 6 is cleared and back, nor arrival of deep 4000m drill (as deep as Mont Blanc is high). I think that left China on 1st June and should have arrived 19th July if journey was normal 49 days.

Mystery is who bought £250k of Trinity shares at rock-bottom price today.
bewareshadows
Posts: 197
Observation
Opinion:Weak Sell
Price:0.59
View Thread (3)
RE: Look at the real picture
28 Jul '15
The real picture is that we are 0.58p

That's low.

That's real.

The rest is made up speculative guff.

The market values this share at 0.58 which is awful.
Wehatespammers
Posts: 68
Off Topic
Opinion:No Opinion
Price:0.59
View Thread (7)
RE: Sold
28 Jul '15
Torchy - I will post what I believe and I don't need help or get paid to post. Just an ex Range share holder sitting on the sidelines.

Either put me on ignore or perhaps look into what I posted and then comeback with something other than abuse ffs





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