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Range Resources Ltd Share Chat (RRL)



Share Price: 0.58Bid: 0.53Ask: 0.63Change: 0.00 (0.00%)No Movement on Range Res.
Spread: 0.10Spread as %: 18.87%Open: 0.61High: 0.61Low: 0.58Yesterday’s Close: 0.58



Share Discussion for Range Res. (RRL)


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Celticheart
Posts: 7,707
Observation
Opinion:No Opinion
Price:0.60
bricket
29 Jul '15
Instead of just attacking and insulting me at every opportunity why don't you give me a valid reason why those facts I posted are not positive. Forget the Lind issue BG has already dealt with that one. Show posters on here that you are not just here to annoy but that you an actually put up a counter argument. If you don't then I wont expect any further insults from you.
 
lewisycymoedd
Posts: 3,575
Off Topic
Opinion:Strong Buy
Price:0.59
Exciting
29 Jul '15
L** down about 15% this morning. But we are again holding steady so far and TRIN have recovered about 15% of their massive losses yesterday.

When we look at Celtic's brilliant menu this morning - with no opposition really from the ticking sidelines - it does make Range an extremely attractive place to invest.
BhoyGeorge
Posts: 1,687
Off Topic
Opinion:No Opinion
Price:0.59
View Thread (2)
RE: Bhoygeorge
29 Jul '15
'So don't you think we are making interest on the $7 million then BG which will offset legal fees.'

nope
Celticheart
Posts: 7,707
Question
Opinion:No Opinion
Price:0.59
View Thread (2)
Bhoygeorge
29 Jul '15
So don't you think we are making interest on the $7 million then BG which will offset legal fees.
lewisycymoedd
Posts: 3,575
Off Topic
Opinion:Strong Buy
Price:0.59
View Thread (5)
RE: yuffspetpoodle
29 Jul '15
BG. You may be right about us losing the Lind case (and money is budgeted, set aside for that eventuality). But you are ignoring all the damage Lind may have done by alleged irregularities. Just because one judge did not agree with us does not necessarily mean that appeal judge won't.

Think DC genuinely believes we can get substantial compo from Lind on a technicality (which I think most shareholders know exactly what is meant). It will all become clear soon. Losing is not a gimme in my view. Give DC a cheer for taking Lind on.
BhoyGeorge
Posts: 1,687
Off Topic
Opinion:No Opinion
Price:0.59
View Thread (5)
RE: yuffspetpoodle
29 Jul '15
Celtic, why is "Lind decision being appealed" a positive ? That's pretty desperate is it not... ha ha ... slam dunk decision to Lind , which is costing RRL an effing fortune is a positive..
lewisycymoedd
Posts: 3,575
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: 7,707
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: 3,575
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?





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