Share Name Share Symbol Market Type Share ISIN Share Description
Range Res. LSE:RRL London Ordinary Share AU000000RRS3 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.34p 0.00p 0.00p - - - 0 06:30:08
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 4.0 -21.2 -0.3 - 25.83

Range Resources Share Discussion Threads

Showing 58826 to 58848 of 58850 messages
Chat Pages: 2354  2353  2352  2351  2350  2349  2348  2347  2346  2345  2344  2343  Older
DateSubjectAuthorDiscuss
24/7/2017
11:56
China and Russia are making friends!
deutsch3
24/7/2017
11:54
According to the 2017 update in April, RRL holds a 45% stake on SOG at a nominal book value of $1.25m. The bigger issue is the liability question for any committed work that has not been done and Red Emperor will be on the hook for. In my view. it makes no sense to take up this 20% since Georgia is not a core asset and RRL have been trying to flog it since year dot. Plus, we're going to be a drill operator from September (apparently!), so why change that strategy now? More absurd decisions by the Chinese? Another knot on our muddled strategy? Who knows...
abrahe00
24/7/2017
09:25
casabella2 think you are correct.. PDYOR Georgia Over the course of the past month, Red Emperor has been negotiating with Range Resources Limited to sell its 20% interest in Strait Oil & Gas for a nominal sum and a royalty. After a long and frustrating Joint Venture and uncertainty over the tenure of Blocks VIa and VIb, the company concluded that a divestment was both prudent and opportunistic. Full details of the proposed sale will be made available to shareholders in due course after formal documentation has been agreed and executed. The carrying value of this asset was written down to nil some time ago and the Company does not consider its shareholding to be of a core nature to its ongoing business activities or strategy. http://uk.advfn.com/stock-market/london/red-emperor-RMP/share-news/Red-Emperor-Resources-NL-Quarterly-Reports-and-App/75289722
qantas
24/7/2017
09:14
Red Emperor has been negotiating with Range Resources Limited to sell its 20% interest in Strait Oil. Am i reading this right we are going to buy their share.?
casabella2
24/7/2017
07:11
The saga of Georgia continues- From RMP today Georgia Over the course of the past month, Red Emperor has been negotiating with Range Resources Limited to sell its 20% interest in Strait Oil & Gas for a nominal sum and a royalty. After a long and frustrating Joint Venture and uncertainty over the tenure of Blocks VIa and VIb, the company concluded that a divestment was both prudent and opportunistic. Full details of the proposed sale will be made available to shareholders in due course after formal documentation has been agreed and executed. The carrying value of this asset was written down to nil some time ago and the Company does not consider its shareholding to be of a core nature to its ongoing business activities or strategy.
codhead1
23/7/2017
20:56
Are we expecting a quarterly update to be release thsi week?
sean spicer
23/7/2017
20:13
What year, please
regina124
21/7/2017
13:04
September... hopefully...
abrahe00
21/7/2017
10:50
Are we any closer to trading again?
barony
13/7/2017
11:27
Translation, positive thinking: The company will trade again so ADR holders might like to obtain shares if they so wish but, obviously, what haircut, if any, will occur when trading resumes is for prospective transferors to decide themselves. As everyone else, we await the completion of the reverse takeover process and see how the market reacts in September. When RRL was suspended before, and things were more dire then under Landau - yep, they were! - the reinstatement onto AIM saw a shorters rise in value. Followed, of course, by a steady fall as the mist cleared. Place your bets ADR holders! Topicel
topicel
13/7/2017
08:36
Termination of American Depository Receipt ("ADR") Programme Range announces the decision to close its ADR programme effective 17:00 (Eastern Time) on August 7, 2017. Trading volumes of ADR's have been insufficient to justify the burden of maintaining the listing with no increase in liquidity being provided to the Company. Under the terms of the Deposit Agreement, owners and holders of ADRs will have until at least August 10, 2018 to decide if they would like to attempt to surrender their Range ADRs for delivery of the underlying shares. Subsequent to August 10, 2018, under the terms of the Deposit Agreement, the Bank of New York Mellon ("the Depositary") may attempt to sell the underlying shares. ADR holders will then receive the net cash proceeds from the sale of the shares held on deposit. Holders of the Company's ordinary shares remain unaffected by this development. Following completion of the reverse takeover process, the ordinary shares of Range will continue to trade on the AIM and on the ASX. Further information for ADR holders can be found on the Bank of New York Mellon website at hxxps://www.adrbnymellon.com/directory/dr-directory.
garibaldired
06/7/2017
07:12
Already been posted.. So good to see you all have crystal balls m
qantas
06/7/2017
06:41
Hi Tops A loooong story, which you've probably already seen. In short, they pretty much admitted that there is no way they'll ever get more production than current rates, let alone hit their 2.5k target by the end of this year. So, in their infinite wisdom, the board decided to buy back the drilling operation that they sold to LO a couple of years ago and become a drill operator instead. Since this effectively constitutes a reverse take-over, they had to suspend the share until the admission document for the new company is released and a general meeting held with the shareholders to approve the takeover. My biff with this is the length of time (six months!) that it is taking to prepare the admission doc and hold the meeting. I suspect they will provide a production update around September time to coincide with the EGM. I don't expect anything special, the usual 600 bopd average. My personal feeling is that this company will eventually de-list and the Chinese will take it private. GLA.
abrahe00
05/7/2017
17:03
I've lost track here Abrahe. Why hold a shareholder meeting of the company is de-listing anyway? And admission to what? Another exchange, even less regulated and to suit the Chinese? And presumably they are still pumping and producing oil in T&T all this time? Topicel
topicel
29/6/2017
09:14
Just had confirmation from the company that the Shareholder meeting will be in September. Assuming that the Admission document will have to be published a few weeks beforehand, I'd guess that it will be available towards the end of August. Exactly why it's taking so long is a mystery though. Perhaps they're expecting bumper quarterly figures... I doubt it... We can but hope...
abrahe00
28/6/2017
21:47
Everything suspended at the moment so no point
qantas
28/6/2017
18:39
Looks like it's all questions and no answers. Very frustrating!
barony
28/6/2017
08:52
What happened to the question and answer sessions?
deutsch3
28/6/2017
08:39
Is Range dead in the waterflood?
barony
07/6/2017
06:51
With hindsight, I should've names this thread the "Beginning of the end"!
abrahe00
06/6/2017
13:28
So Ok..... when's the new beginning? - BP's doing Ok!
deutsch3
06/6/2017
08:08
These idiots should've bought LGO when they had the chance...
abrahe00
17/5/2017
15:24
I wish I could !
underhill2
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