Member Info for Alansugareatyour

"All good news, no surprises. Let's put last week's blip behind us and get back to building a business." Really? Down to 4m cash, targets missed at 633bopd and even down on last quarter averages, net cash out flow of 2.6m in quarter, wage costs c1.5m a quarter going fwd, finance costs potentially to be factored in. All good news? I very rarely lol, but..... Lol

Average bopd 633 I believe, 9% reduction on previous quarter. They have hit highs before but have not maintained it.

4m cash held, 2.6m net cash outflow in last quarter, targets very short at an average in the 600's. Cash outflows expected at 4.8m, unsure of inflows. Wage costs c.1.5m next quarter. 2018 accounts going to look poor as expected with turnover less than 11m Another quarter like that and they will need to consider another placing. 4m starting position, Im assuming best case scenario the recent 1m placing has to be added to that figure, so 5m starting. Burned 2.6m last quarter, finance costs also in the future.

"On the 16th over 250m options were cancelled. So from a point of view of dilution we should consider the placing as really 25% less in reality. Also, ASX is useless - no trades on it. Expect further buying today." The material difference being that the options were for a more reasonable share price rather than the ridiculous discounted price of yesterday.

Missed a 0, oops

That about, £8 grand of shares, they just dilluted it by another c. Billion shares, not exactly great

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.

The iii discussion boards have had a revamp if you've not visited in a while.

"With no views at all over the weekend.So is that what you want a dead board?" There's nothing really to say at the moment, in a holding pattern untill any discussion worthy news is released in whatever form. If banned holders were here, we would just have posts about the oil price which is online anyways and pointless arguments. As soon as news or discussion worthy info is presented to us, then these can be discussed. Unless you have questions that haven't been asked and discussed before? Personally I'm waiting on water flood progress clarification from the company, not sure if it's worth discussing to much without info from Range.

"Thank Goodness. At last a clean bored which has not got endless spats and tick for tack pointless arguments." As a side note, is it not Tit for Tat or have i got it wrong all these years (or regional)?

They may be buys, but they are in no way decent, they are insignificant. "Utter nonsense, someone does not want this to rise, 3 decent buys then a tiny sell again 10:25 - 14/05 Sell 20060 0.18p �35.71 10:18 - 14/05 Buy 400000 0.21p �848.00 10:11 - 14/05 Buy 235626 0.21p �500.00 09:44 - 14/05 Buy 450000 0.21p �954.90"

I did read it, my thoughts and prayers.

"Horrible to think that people lost their lives, hope the casualities make speedy recoveries. KRO" Unfortunately I don't think we can expect any recovery, speedy or otherwise, from the casualties, may they rest in peace.

I'm unsure what question you are asking, however I suspect you are trying to read my user name and got the first few words wrong, if that's the case it's, Allansugareatyourheartout Allan sugar eat your heart out. Not sure why I chose that, but had the same name on iii for a fair few years so just used it here too.

Well good luck, I cant see you spinning your �25k back to �150k but stranger things have happened and as you say, if you can afford it and you are comfortable, then there is really no harm done, we cant take it with us. As for the averaging, I'd have said that if this is the best company on the market that you think you will make money on, then it was a good choice, but if there are any other companies out there you have more confidence in, then a bad personal choice was made. After all the average price of a share is not important, just the movement in your overall investment portfolio at the end of the day.

"Just had my finial averaging down buy 650,527 shares showing as a sell with the right price I paid. looks like a strange amount to buy but it takes me to 10 million exactly. My first trade was in March 2011 cost 20.53p per share. my ave is now 1.5p. Its been a long hard journey. Expect to break evev next year then I am out. Then I will tell the wife whats happened." I couldn't imagine having a single investment of �150,000 in an AIM listed co. It would drive me to distraction and possible the nut-house. Is that a large part of your investment portfolio, just curious? Anyway, I hope you get your recovery point if not further, or if not you get some value back with some 28%/20% CGT loss relief.

"Strange how readers who never post on here can't resist getting involved, ah well back to what matters, Range." What matters? Nothing to do with range really matters anymore, even if you held a 3 million shareholding an RRL portfolio would be worth less than my dodgy Peugeot. The ordinary punters don't have a material holding anymore.

In fact, time flies, been a member coming on 3 months!

"Wasn't engaging just curious how someone who has been here since January knows me from 2015" I've been a member a month or something like that and I've probably glanced at almost all posts you have written with regard to RRL for as far back as i can remember. I'm not sure how not posting, or being a member, adds or removes any validity. iii always used to be more chatty for RRL, now its here.

"Mention their names and up they pop" exactly you cant help yourself perpetuating posts by these trolls and newbs! Try not to respond, just hold it in.