Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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A number 2...yep that sums up this company's performance.
Code two again! I’m expecting more good news gla
Funny your post history says you were 30 k down Ukog is a joke and ss is a cxxt same with frr 50% down same rhetoric. Hope you do better in the future atb
Just checked back in to my long hated share rrl I lost 22k on. Put the last 4K I managed to salvage and put it into ukog at 1.36 now 2.30 so pulling my losses back from this dog and still see it’s on its arse.not a deramper but a old share holder that is no longer head fxxked every day with this share.There is life after rrl.
How did I miss this: #RRL Analysts at Cantor Fitzgerald say: "The near term production should deliver quick payback on investment and will be accretive in the longer term…” the board are delivering now!
"The market cap it c.£13k, to say its a minnow overstates it size, if this was a good investment opportunity these shares would be getting devoured and accumulated. But, as everyone is realising, this is just smoke, mirrors and directors salaries."
It's the same over on MXO, TINY Share price, but the CEO's Salary has pretty much doubled since OUR Invested Money helped put him where he is today. That's really taking the Pi55, and during the next AGM, questions will be asked, and they will be harsh and too the point.
Well done boys I mean both teams England and RRL
830bopd + 145bopd = 975bopd edging towards our target for the year which is pitiful if your a shorter. Come on England
Am I reading the RNS wrong as I don’t see 145bopd stated!!!!!! 145 barrels produced over a period of 117 hours—so roughly 30 bopd
145 bopd not a bad start for the first well and we have a 23% of that at the moment , looking forwould to increasing it to 45% BUT will it move the share price?
He should just continue posting here under his Howard (or was that III?) alter ego, or in fact, with nearly 50k down the pan and less than a 4k current holding I would just delete my accounts, shut the drawer and try to ignore this for a couple of years when it will likely be bust or possibly have survived.
This company wont be able to repay its debt's, but it will try an squeeze all the money it can from the market, so we will see another round of shares being issued, more dilution and a delay of the inevitable. People are making money from this company, just not us, rather the directors who all have a job and get a nice wage to pay for an extra holiday.
The market cap it c.£13k, to say its a minnow overstates it size, if this was a good investment opportunity these shares would be getting devoured and accumulated. But, as everyone is realising, this is just smoke, mirrors and directors salaries.
Looks like the board seems to understand our frustrations and answered a massive number of questions. Very little meat on the bones but I would say that the answers appear honest and lack BS that we were used to. I do feel they could do more to progress this. The more this drifts forwards without significant increase in BOPD the more I am concerned for my investment. KRO
Windy, Celtic has been banned from here and is being trolled hard over on ADVFN which is his last place he can post bar WS. I feel sorry for the guy but he just could not learn and kind of had a ban coming imo. Re the trades. Yes they are all being marked up as buys but anything below 0.18 is more than likely sells as the real spread is around 0.178p to 0.2p which means all trades will be posted as buys as they are above the mid point of the "advertised" spread. The volume is poor. Need to see those quartleries or something like a spud to move things forward. Now real meaningful news in quite some time. KRO
So they are focused on hitting their targets and have commenced operations in Indonesia as we already know are ahead of targets. We will be hearing new from Indonesia shortly. Gla
INVESTOR Q&A The Company advises that it has published its ongoing investor Q&A addressing questions from shareholders, which can be accessed at: http://www.rangeresources.co.uk/uploads/media/Investor_QA_030718.pdf No material new financial or operational information will be included in these publications.
Windy think your rns hunch might be right a 2 trade went through you never know might explain the chunky buying lately by our standards. Interesting times
Is the Q & A not out yet?
No was wondering what the cost of production is so I can work out our profit per barrel and if that’s going up with the poo surely we’ll be paying off debt quickly or have money’s for drills / acquisitions etc
What is our cost of production on average also are we selling at a fixed price or at market Wti current price because it would be good to know where we are with the poo spiking every day thanks in advance bob
Without being rude... has the SP really changed all that much. These movements are frankly irrelevant. We have been flicking between 0.15 and 0.25 for 6 months. If we dropped below 0.15 I would agree in the same way that I would agree if it goes above 0.25. We are in a holding pattern as we have no news to amend our assessments EXCEPT we know the revenue is going up AND the debt is now due in 16 months give or take. No need to be rude, lets have constructive discussion now the trolls and rampers have migrate to other boards. KRO
Well Bountyman look at the SP change... Seriously you need to go to ****** school?
Ok people need to realise that the poo has no bearing on this company at all. The only thing that has a bearing is prooving to investors that they can meet targets that they have missed for the last five years. Water flood had been a fail. Indonesia is piddly amounts of oil. 1000 will be hard to achieve but if they do then that is when the so will rise. Ie post Christmas.
If you can buy 8m at 0.1781p then that is easy money.
Well that’s a big trade – biggest we have had in some time around here. Makes you wonder what is going on. Does someone know some good or bad news?
I remember the days when Range was a leaky ship but that seems to have stopped.
Not sure whether this is a buy or a sell, being marked up as a buy but given the spreads over the recent times it would look more like a sell to me.
Just a waiting game as ever. Hope if it is a sell it’s a decision made rather than a need for money for a problem in life.
Anyhows have a good weekend and let’s hope for some decent news next week.
KRO
Bounty.
I completely get this sentiment regarding the RNS's but I don't think this is going to be a quick fix. Taken into consideration we are not "normal" drilling at the moment (Yes I want more and want the drilling plan) there are not going to be spud, TD, output etc so we are not going to be get "lots" of RNS's.
I hope that the vast quantity of questions (likely the same/similar ones) the BOD appreciate the need to update the general masses. I reserve judgement on this until we see the Q&A - well actually the day after as will be in no fit state with the England game!
The POO *** MUST *** be making drilling economical now - if not Trinidad is likely a bust - so I REALLY want to see a drilling plan given POO is above $70. I fail to see how we could not already have some of the high probability locations to drill already marked out from the numerous years of "data collection".
KRO
Bounty