Range Resources Share Chat (RRL)

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Share Name Share Symbol Market Type Share ISIN Share Description
Range Resources 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% 0.03p 0.025p 0.035p 0.03p 0.03p 0.03p 21,464,377 05:00:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 7.3 -9.0 -0.1 - 2.55

Range Resources Share Discussion Threads

Showing 72201 to 72215 of 72225 messages
Chat Pages: 2889  2888  2887  2886  2885  2884  2883  2882  2881  2880  2879  2878  Older
DateSubjectAuthorDiscuss
17/2/2019
21:49		A nice director resignation would be lovely as well
rangenoresources
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17/2/2019
19:46		RnR Let’s hope they also list all their debts after the bond has been converted should be 80-90m and making a loss every day at current production and oil prices.....as you say what’s not to like... The only better news would be cocoheart07 announcing on Facebook he’s been kicked out for gambling....better get the Cristal on ice 🤣🤣🤣
nas_daq
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17/2/2019
19:37		The meeting is on 5th March at 10am Western Australian time in Perth, ASEYHO. Don't know when details will emerge. It will affect price, of course. Ronron will be delighted because he has no Range shares, therefore he can continue to draw his UC - and continue his life's work to wind us up. Due to become Sir Ron in Queen's birthday honours because wumming shareholders is a noble occupation. What is not to like? Sir Doo Doo Ronron.
lewisyfawr
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17/2/2019
19:24		ASEYHO - hoping for a lovely RNS at 11pm tonight with 4-5 billion shares to dilute the share price. When it happens the share price will hit an all time low What is not to like?
rangenoresources
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17/2/2019
19:05		I've not gone back to look but did the last RNA not mention that the share issue or at least details of it would be announced early/mid February, if so must be expected any day now. Some sort of details would be welcome.
aseyho
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17/2/2019
11:26		Black gold looking good. Please do your own research as always thanks.
qantas
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17/2/2019
09:20		Manos Bless the poor welsh troll ..... 🍒
nas_daq
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17/2/2019
09:19		RnR When a company adds this to their accounting report you know things are dire...... 100% they won’t be able to say the same come October 2019 if Range are still trading The aility of the Group to continue as a going concern is dependent on securing additional funding through the issue of shares and/or debt to fund its operational activities and to finance the repayment of debt and payable obligation to LandOcean as this falls due. These conditions indicate a material uncertainty that may cast a significant doubt about the Group's ability to continue as a going concern and, therefore, it may be unable to realise its assets and discharge its liabilities in the normal course of business. At the reporting date, Range had US$3,945,683 of unrestricted cash at bank and an on-demand cash receivable from LandOcean of US$2,800,000 as explained in Note 11. Subsequent to the year end, Range Resources Limited announced a subscription for new ordinary shares to raise US$1,300,000 million before expenses. Management believe there are sufficient funds to meet the Group's working capital requirements as at the date of this report. The Company will continue to focus its capital allocation on assets which maximise production and enhance cash generation and returns to shareholders. Should the Company not be able to continue as a going concern, it may be required to realise its assets and discharge its liabilities other than in the ordinary course of business, and at amounts that differ from those stated in the financial statements. The financial report does not include any adjustments relating to the recoverability and classification of recorded asset amounts or liabilities that might be necessary should the Company not continue as a going concern.
nas_daq
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17/2/2019
08:26		PS Never mind eh.
1manos
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16/2/2019
19:33		You clearly have no faith in Range management at all, nasron. Can I suggest you sell all your shares and leave this board. You only joined in September 2018, and assume you bought some Range shares just before you started posted 24/7 dribble here. Plenty of other companies to have faith in, I am sure.
lewisyfawr
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16/2/2019
13:22		It WAS a lie, nasnas. Like Range has no cash, Range will cease trading on 30 Nov 2018 etc etc ad infinitum ad nauseum. You do lie an awful lot. Would you just read what Celtic writes, absorb and learn? No0 need to react at least 4 times every time CH posts, is there? Also, just now and again, do some research based on Range company website. It would make you useful; it would make you sound like a normal person. WTI hammering up. Looks good for next week. Just saying. DYOR.
lewisyfawr
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16/2/2019
12:49		I have said this many times but it is clearly an inconvenient truth, "The regulators were unable to gain sufficient comfort on the transfer of ownership and operatorship of this transaction only, not surprising as we had still not re-listed at that point in time. I have clarified with Range that there is no blanket ban on us acquiring assets in Trinidad, that is clearly a lie by our resident troll.
celticheart07
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16/2/2019
12:06		When I gave you Donald Duck as the final name on the list it was to use the vernacular for the term Donald ducked which describes where this company now finds itself. It is an abridged version of what I could write but it succinctly sums up the situation. Mendacity is a term I have often used to describe this company. You can now add hypocrisy. Quite what word you could use for issuing the half year results, which foretells the destruction of the Trinidad assets, after you have been trapped via the share cancellation I will leave up to you. Nothing I write will alter or ameliorate what is going to happen. I could write about the truth behind the stockbroker recommendations answer in the last Q&A.. I could tell you who really owns the fake Georgian assets on our balance sheet. I could show you why the mendacious corporate development officer is running around trying to figure out which dog ate the share certificate of the non existent Guamanian assets. I could show you that the Indonesian transaction actually predates the arrival of the drilling rigs on Trinidad, was abandoned in the spring of this year and was frantically rejuvenated when it was clear that they were not going to gain re-admittance to AIM as a smokescreen to cover why they really are being denied access to the UK investors pockets. I could show that the 160 personnel we are taking on with the failed LO Caribbean service company have not generated a brass farthing in independent income in 2017 to date. Does it make you any happier to know that the Range BOD choose to separate themselves by as many miles and as many time zones as it is possible?. Would any of those revelations make you any happier?. They certainly wont make you any richer. The BOD has gone feral and I think the FAC are aware of that. We had the annual report of another AIM company claiming that Range were going to use your money to purchase from them a 20% interest in an asset they no longer own and pay them a royalty from the income stream belonging a conglomeration of Chinese companies. The FAC require a lot more than paper shuffling to allow Range back onto the AIM market. At least two and probably 3 directors and senior managers need to be ejected. The callous and mendacious corporate development director would be my first choice. The CEO whose penchant for positioning himself on planet earth as far as humanly possible from any of Ranges assets or fellow managers would make himself a strong candidatealsothe fact is . Also the LO place men, who are both superfluous now that LO are leaving and are tied up anyway the the liquidation of LOs other failure Anterra Energy ,should also be shown the door . You can console yourself with the fact that despite the lies and misinformation emanating from Wales and Graham - Wood that in the absence of an AIM listing the RRDSL deal cannot complete.Completion of this deal will prove to be the epitaph for this company. I will expand on any of the above points if anyone really wants me to but it will not make for pleasant reading. I will leave you with the following to consider. When this company has undergone a corporate makeover in the past, Landau to Scott-Russel, Scott-Russel to Chen, the mendacious an disingenuous come on the BBs to advocate putting the past behind you only look forward. In the metaphysical sense we have waved goodbye to Landau, RSR and Chen. However from a corporate perspective it is not possibly indeed it would be illegal to even try to expunge their existence. Every individual who has ever worked for the company since the day of its incorporation, every asset purchased, every mistake made, every success achieved, every asset write-down,every impairment charge, every sale and every cost leaves a permanent and indelible mark on the corporate entity that is your company. The physical manifestation of this is the Accumulated profit/loss figure found in the equity section of the company reports. The end 2014 figure, just before Range entered its first suspension was $USD 291m loss. The end 2016 figure, just before Range entered its second suspension was $USD 368m loss. The current Mcap is £26.6m Bear in mind that the Accumulated loss post withdrawal from the water flood will be far, far higher and the FAC will have seen a draft of the year end figures. How would you deal with the situation if you were sitting on the FAC AIM governance committee?. Would you be happy to allow a company to list on the market when it had lost it's shareholder over twice its market cap in the previous two years. Would you not take your duty of care to the wider investing community seriously enough to question whether such a company should ever attain a listing in substantially the same form as before?. Make no mistake LO are walking out on Range, having induced them to take on approx $60m in debt for no material gain in output. By failing to deliver on the own EOR plan which they have charged us $5m they have seriously impaired the 2P reserve figures. This impairment will in all likelihood exceed the debt they have landed us with, as the majority of the Trinidad reserves comprise the water-flood assets.. To top it all off they can't be bothered to drag their failed Caribbean oil service company back to China. They want to dump their useless assets on the Range shareholders. Remember when we sold them Rig 6 and 8 they were working exploration rigs, it only took them a mater of weeks to turn Rig 6 into a Roman Candle and now we are expected to buy it back. Even the new rigs aren't up to scratch. It only took LGO a couple of days to work out that Rig 18 would need modification to make it cost effective in Trinidad, something that RRDSL failed to recognise in over two years of overcharging the Range shareholders. To top it off Leo Koots has now arrived renaming LGO to Columbus and calling a halt to the infill drilling program that was the basis of RRDSL gaining any independent income. Even then LGO only hired the Rig, they would not touch the staff bringing in their own operations staff. The last quarterly report showed that the Range shareholders subsidized the RRDSL staff to the tune of $USD 3.6m, via a loan. That is an annulled rate just shy of $14.5m dollars, more than the cash that will be left post the completion of the other two assets. Range cannot afford 160 hammock stretchers. Quick question ---- in the event that there is an outbreak of common sense and the RTO is rejected. Just how do RRDSL propose to repay this debt given that their only source of income is from Range itself and is over two years into the future? Final question ---- just where are the synergies in buying an onshore service company and and offshore well stock. Beats me too.
nas_daq
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16/2/2019
12:00		Great to see you highlighting something that costs you money and makes zero difference to your investment as without doubt you can’t afford an electric car....note cocoheart07 is very quiet on how silly his post and prefers to change the subject and post about something which has been proven to have no correlation to the share price of the company the 🤡 is invested in....no change there then from the spineless keyboard coward troll..... Well done coco, range still losing money at $60 a barrel.....heeheehee and you are still a small incompetent investor ...any joy with the CPS.....Thought not .....lol Even better you have given up boasting on Facebook did you friend start mocking you 🤣🤣🤣 Cherry 🍒 on the cake Fully expect celticheart07 to be kicked out when he admits his gambling to his partner when range go under.....lol.....can’t wait....😄28523; Celticheart0716 Feb '19 - 10:58 - 16937 of 16937 0 0 0 Good to see WTI closing out the week @ nearly $56 a barrel @ $55.75. Indicator has switched from bearish to mixed. Fully expect this to become bullish soon. [IMG]http://i66.tinypic.com/xpt3sy.jpg[/IMG] Re-iterating my belief that WTI could be back above $60 a barrel soon. If you can't see the relevance to Range then you really are not looking properly. Once Petrotrin's new operation, "Heritage oil", is fully up and running I expect to see our production climb as they will increase their demand for oil take the pressure of our current limited storage capabilities.
nas_daq
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16/2/2019
10:58		Good to see WTI closing out the week @ nearly $56 a barrel @ $55.75. Indicator has switched from bearish to mixed. Fully expect this to become bullish soon. [IMG]http://i66.tinypic.com/xpt3sy.jpg[/IMG] Re-iterating my belief that WTI could be back above $60 a barrel soon. If you can't see the relevance to Range then you really are not looking properly. Once Petrotrin's new operation, "Heritage oil", is fully up and running I expect to see our production climb as they will increase their demand for oil take the pressure of our current limited storage capabilities.
celticheart07
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