Register
Login:
Share:
Email Facebook Twitter




RRL Share Chat - RSS Feed

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)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


lewisycymoedd
Posts: 3,589
Off Topic
Opinion:Strong Buy
Price:0.59
Share Price
30 Jul '15
I was invited to join senior management team of a retail company in early 90's that was on FTSE (but only just). New management, on our knees, no motivation, no sugar or tea often because of cash flow. Sp was pants and we were haemmoraging money and it took us 18 months to turn into a small profit and it was only after that that shareholder confidence slowly returned.

It took shares about 3 years to boom and I can honestly say that we hardly ever looked at sp or worried too much about it in those 18 months that we were sorting future of business out. Only time MD mentioned sp was when he thought about his generous options. Focus of all senior management was about setting goals (like 1000bopd in Q4), and working very much together to hit the net as often as we could.

As far as communication is concerned, L** seem to have a red dot every flippin' day but I would rather have one dot now and again. Feel we will get a meaty one after trade tomorrow to meditate about all weekend. Still feel .94p is possible if wind leaks of what is in RNS.
 
lewisycymoedd
Posts: 3,589
Off Topic
Opinion:Strong Buy
Price:0.59
View Thread (5)
RE: Predictable
30 Jul '15
The only shareholders who are calling our team world class are those who have met them, Landauslide. Rest of us either keep our tinder dry or shoot from the hip.

Obviously still a lot of news to come in next few days and next few weeks and hopefully a presentation and perhaps an interview with Zac, Malcy or Gaz Top.
bricket
Posts: 206
Off Topic
Opinion:No Opinion
Price:0.59
Turmoil
30 Jul '15
It looks like this share is in turmoil. All sorts of wild and wonderful plans that are unlikely to come to fruition based on past performance , and a suddden about turn on the BOPD communicating with shareholders.

BOPD figures for June? Nowhere to be seen!
Has the new rig arrived? Looks like they are not going to tell us!
Why do we think we can with the appeal with Lind? Not got a clue!
Waterflood update? Really!

None stop ramping from one individual who can't be named because he takes exception to it. 12p to 0.59p in 3 years and he still tells us how good this share is. The por man must be broke. Totally deluded (IMHO of course).
Landauslide
Posts: 629
Off Topic
Opinion:No Opinion
Price:0.59
View Thread (5)
RE: Predictable
30 Jul '15
Not so much about news as bod behavior of pure contempt for shareholders but I guess some on here don't mind being kept in the dark about their investment,
TTTiger172
Posts: 13
Observation
Opinion:No Opinion
Price:0.59
View Thread (5)
RE: Predictable
30 Jul '15
The Quarterlies are tomorrow. Seems ill timed to scream out now for news...
Landauslide
Posts: 629
Off Topic
Opinion:No Opinion
Price:0.59
View Thread (5)
Predictable
30 Jul '15
and appalling behavior from Range and management and some on here are calling our team world class. How hard can it be to update shareholders as promised?
Torreaguas
Posts: 23
Off Topic
Opinion:No Opinion
Price:0.59
NEWS, BOPD, LET DOWN?
30 Jul '15
Where is all the news Mr Chen ? The bopd figure for june was supposed to be out this month, The new drill was supposed to start this week, what was the outcome of the incident at the last drill?

It is becoming very boring again.
lewisycymoedd
Posts: 3,589
Off Topic
Opinion:Strong Buy
Price:0.61
Not for Dodgy Tickers
30 Jul '15
CH post at 07.56 yesterday morning.

"$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."
lewisycymoedd
Posts: 3,589
Off Topic
Opinion:Strong Buy
Price:0.61
Range Down?
30 Jul '15
All I can read this morning is Range down 8% and CH is a bad businessman. I am pretty sure than Range is level and appears to be pushing on again today and CH is an excellent businessman with some very good established clients. And not too bad a semi-professional musician either.

Fill your boots at .63p would be my advice. What do others think? Read CH's post at 07.56 yesterday if you need help and have to mention CH in reply. :-) dyor.
dave1000
Posts: 132
Off Topic
Opinion:Hold
Price:0.61
Grinding my gears
30 Jul '15
when are we going to be told anything about current production and spudding.... It's painful the lack of communication... I can't work out why we started out so well keeping us in the loop and now it's gone Pete tong.. just tell us where we are at already....





Sign up for Live Prices


Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.