The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Seems I am not only one who is concerned re: Waterflood http://www.worldstocks.co.uk/forum/viewtopic.php?nomobile=1&f=3&t=56419 Too porous would present real issues. How much money are we prepared to throw at this before we chuck in the towel as non-viable option?
I know we have last time we checked $85m debt with payments due in 2019 and 2020 but does anybody know when the $21m loans for RRDSL need paying? Somebody on worldstocks seems to think this year which would be concern as we don�t have that money available. Kind of hoping it will be next year or 2020 to allow us more time but 1000 BOPD won�t pay this back either Current debts $21m loans RRDSL, RRDSL purchase $5.5m due to be paid back in 2020, Trinidad Investment $40m due to be paid back by 2020, Convertible loan 20m due to be paid back in 2019
I believe RRDSL have not gained any new contracts otherwise we would of been told via RNS like we were on Shell deal which has also gone very quiet. Massive drain on resources equals one thing - just imagine if oil price was $40 were would Range be with their debt repayment plan?
BPC are dealing with a Major Oil Company. With all due respect this is not Range or RRDSL. https://www.google.co.uk/amp/www.proactiveinvestors.co.uk/companies/amp/news/196341
Thought I would share my views of Range for remaining 6 months 1. Share price will not go above 0.35p 2. No significant works in Indonesia 3. 1000 BOPD not hit - should of been 2000+ by now 4. No major contracts for RRDSL - cash drain 5. Fund raising or restructuring of debt payments 6. Issues with Waterflood still persist - when will they sort this out without natural resources Hopefully oil price goes north otherwise I don�t see how debt is paid at current BOPD
Anybody who believes the share price is flat today is in denial and should take a very hard look at what they are posting. Ramping is one thing but blatant lying despite the facts saying it�s 18% down is criminal As Bountyman stated it doesn�t matter a great deal if it�s 0.22 or 0.28 as nobody is making money on Range unless you bought in as a newbie at 0.19. All I see here is this will go up and then traders will take 15-20% profits and price will drop
Call today correct but surprised we are 18.18% down. If I had got it closer I was thinking of writing a book on how to invest and call the market. Next week prediction it will be flat as well. Up and down percentage points as buys taken positions and sellers take any profit they can.
I expect a trace back as traders take a profit which they haven�t done for a while on Range. Will close down or a good result will be flat today.
Just need Eddie to release a RNS along with oil price rise and we can all have a 1p party
Range have exceeded on target. Is this a 1st for this set of directors? Holy grail of 1000 BOPD must be target particularly if oil is going north of its current price Really hope they focus on T&T along with secure contracts for RRDSL as it�s all gone quiet since Shell trial works
Play nicely Ps there is no rules that say you have to be a Shareholder in Range to post on these boards. Every poster has their agenda whether that�s deramping or ramping
Range won’t at fault for Indonesia but clearly something went array as people died. You can’t just start work again without an inquest
In my experience working for an Oil company it will be a while before Range can report anything on Indonesia as there will be health and safety enquiries to make sure no future fatalities happened
Novice PI and you choose Range to invest into ....
I would of thought Indonesia is on the back burner (pardon the pun) after the recent incident
Was supposed to have been gone by now. Does anybody really know who the seller is and are Align the ones buying as my understanding is they were buying directly off shareholders to save on fees which won�t show up on these boards
Has been removed. I guess the truth hurts and endorses the reason I put certain posters on filter.
Enjoying the sun and enjoying the 14.29% rise .... We all know is market makers playing with ask and bid - well hopefully you know and don�t fall into trap of thinking it�s turning around just yet
I am :) but live near Dordrecht now.
A new thread started I see. You are wasting your time Surely. More chance of Holland winning World Cup (I am Dutch and we aren�t even at the World Cup!!) than Mr Celticheart answering any questions that don�t match his MO. One eyed agenda from what I can see here.