George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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Excuse the delay in replying, the RRDSL website shows three existing customers TRIN, CERP and Petrotrin http://www.rangedrilling.com/clientsprojects/
A solid RNS that shows progress and improvement. Don’t be fooled by the bucket list of shorters and boilerroom con men trying to obscure the facts. A good increase in BOPD, next will be INDONESIA work over, and increase from waterflood. This will certainly beat 1000bopd and very soon. Don’t sell.
I did google ISDX and it seems to direct to "nexexchange" but can't seem to locate range, rrl or rrs on there. Very odd but am reasonably happy to have half of the deal I wanted completed. I think the trades on Monday seem to show "sells" around the value of my buy so god only knows. Will discuss the RNS later when have had a proper chance to digest... and order a new phone! KRO
Oh and I can't seem to find my purchase in the trade feed - very odd indeed! KRO
So I bleated on about my buy order at 0.17p for 1.2m, these all rejected with the last one I placed being rejected on 14/2. But somehow, a buy order was filled on my account for 500k at 0.17p on 19/2 but I had lost my phone the day previous and was out of the country so had no way of calling my broker to put the deal through - also I could not have done this since I left the country as I left my banking keypad in the UK. Very odd indeed but have another 500k shares - so now total 3.3m (approx.) but can't be bothered to work out my new average - have a new order in to finish off them remaining shares but have increased the limit to 0.18p for a further c.650k. KRO PS I am glad I was away from the board - it seemed to be at its infantile worst!
Was hoping for a far more aggressive drilling plan! 2 wells will yield around 200 without taking depletion into account. The 30 “workovers” will stabilise production! The only good thing is that we seem to have offered some of our idle rigs and our redundant staff to another operator
the fact that range is still operating and progressing really sticks in the gut of some people.......lol boy how they must have been burnt.......
Do you have an idea who RRDSL is carrying out work for I see that it sails one other operator in the rns
A sensible question so a sensible answer. I expect the original plan was to drill shallow wells but after the success of The Lower Gros Morne sands we are going to go deep which costs more but produces far better results hence less drills. We are however carrying out 30 heavy makeovers, the advantage of having RRDSL on tap.
Now this is what we needed to hear, I think the market will like this a lot. Drilling a MINIMUM of two new wells at the Beach Marcelle and Morne Diablo fields; Up to 30 heavy workovers; and obtaining approvals for the next waterflood projects.
Range, an international oil and gas company with assets in Trinidad and Indonesia, and an oilfield services business in Trinidad, is pleased to provide an update with respect of its work plan in Trinidad for 2018. Highlights: The Company�s average net oil production for January 2018 was 777 barrels of oil per day (�bopd�). This is an increase of 23% on the production for the quarter ended 31 December 2017; Trinidad work plan for 2018 comprises: Integration of the oilfield business and securing third-party contracts; Completing work to increase the water injection rate at the SE waterflood project to a rate of at least 1,500 barrels of water per day (�bwpd�); Drilling a minimum of two new development wells at the Beach Marcelle and Morne Diablo fields; Up to 30 heavy workovers; and Obtaining approvals for the next waterflood projects. Yan Liu, Range�s Chief Executive Officer, commented: �We are encouraged to see production growth in Trinidad over the recent months. During 2018, our work plan will be aimed at achieving continued production growth mainly through the secondary recovery programme (waterflood), which accounts for the majority of our reserves. Having successfully brought two waterflood projects into production to date, we see significant potential in expanding the programme to other areas of our fields. We are also continuing with the integration of the oilfield services business and are aiming to secure third party contract work and grow revenues.�
Increase production of 23% on the production end of last quarter 31st December
Appointed Chief operating officer mr lubing Lui
Charts are meaningless nonsense rainbow. Most people understand that.
I don't think there's any such thing as a support level. Aren't they always breached?
Water increase drilling a minimum of 2 wells, 30 heavy work overs
January 777 bopd per day
It is not the London Stock Exchange website that quotes these figures it is the actual London Stock Exchange, the numbers are what they are and no amount of protestation will change that.
I guess it isn’t clear do check this out: http://m.londonstockexchange.com/exchange/mobile/stocks/summary/AU000000RRS3GBGBXASQ1.html?lang=en
"But which of us was right?" , I don't know what you are referring to Celtic You can't be referring to your fantasy .175 support line. So if you mean "this will finish flat", that was a single player game, that you invented. So I dont what you mean by "which of us" But even so, the last trade today was 0.155 which is lower than yesterday's 0.16. So no, the real bid didn't finish flat either. It finished down. So even playing just yourself you managed to get it wrong and lose.
But which of us was right?
Identifying support levels is Celtic's speciality, after Six years of looking at the same downtrend. He is now so good that he can identify support lines where trades go through at 11% below. It's World Class technical analysis. I know YoungGun really appreciates these fantasies , I mean opinions.
Flat close as predicted according to HL yet to check with London stock Exchsnge
It looks to me in the absence of news the bid will be dropped very soon.
iI still think we will close flat