....trying to make money on AIM. A few weeks ago I thought - if I had any wothwhile spare money - now would be the time to invest in Range, LGO and Trinity. Fair play, I would have made money in all 3 now. Most in Range, but quite a bit in Trinity and a tadge on LGO. But also, I could have lost it all in a day. That is AIM companies. So frustrating, leadership suspect - notice Ritson is beginning to get a kicking now like RSR used to get. And, like the gold rush in the Yukon, such high stakes if companies are successful and spot price at time is good.
One thing Ritson is getting a kicking about is that he has produced all these barrles of oil but is strugling to sell them and get cash in bank. Can we not see Range doing that next year? I think we will get a massive amount of oil out of ground, thinking 2000-5000bopd in Q2,3 &4. (hunch). Can you imagine if we have not set up the infrastructure to get it to market quickly and get it all sold?
Have they any intention of re-listing in Q3 or at any time. They were not allowed to re-list this Spring because they had not submitted Quarterlies date 31/12/14. Now they have broken NSX rules for not submitting Half Yearly Report for H12015. These are announcements to their shareholders from Tony Sage (And RRL have 8-10% of shares):
14-Sep Continued Suspension - Failure to release Half Yearly Report - 30 June 2015 3-Sep 30 June 2015 Quarterly Report 14-Aug Results of Annual General Meeting 14-Aug Change in Auditor 7-Jul Lapse of Options 16-Jun Issue of unlisted options 5-Jun 30 Sep 2014, 31 Dec 2014 & 31 Mar 2015 Quarterly 5-Jun 2015 2014 Annual Report
nope DayTripper, I just checked my posts and none of them use the word 'Geology'. A few of yours do though. Well the ones which haven't been deleted that is. I also found 'prospects' and 'horizons' , more than once too despite you denying using Geological terms. Seems it's you who is confused.
Anyway like CH, I wasn't expecting an answer from you. Afterall it would frighten the newbies away . Night night DT.
DealNow - you brought up the topic of deep drills and Geology, I have not mentioned either in a single post, nor have I stated that I have experience in the Oil industry!
Are you a little confused?
Anyway, let's see the in depth research that you are so proud of that so conclusively proves that Trinidad wells are not good producers.
I'm particularly interested in the Cretaceous horizons, onshore. These are very underexplored (hence the exploration drills) so any data you have would be invaluable to Range and other operators in Trinidad!
In the words of Mr Blonde: Are you gonna bark all day little doggy, or are you gonna bite?
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