Range Resources Share Discussion Threads

[nas_daq] 11/7/2018 21:40

I think he meant to say its actually risen according to cocoland maths...lol

[celticheart07] 11/7/2018 21:16

Get a life bread lol

[thebreadmaker] 11/7/2018 19:42

Not long now and will be below $70 for WTI

hxxps://oilprice.com

[thebreadmaker] 11/7/2018 18:42

Lower again. WTI down 2.68% and Crude down 3.75%

hxxps://oilprice.com

[celticheart07] 11/7/2018 17:27

We are still comfortable above $70.00 not sure why you see that as a problem Ryan

[thebreadmaker] 11/7/2018 17:19

WTI down 2.5% and Brent down 3.4%

Ouch that’s going to hurt bottom line for some companies with debts

[thebreadmaker] 11/7/2018 17:15

Beep Beep - oil price is in full reverse

My short on oil looking like a good play

Knew Trump won’t let my down

hxxps://oilprice.com

[thebreadmaker] 11/7/2018 16:51

Another 1m sell goes in for just £1655

Let’s hope they didn’t pay over 1p as that would be a £15k loss

[thebreadmaker] 11/7/2018 15:28

Looks like a dose of realism on WS finally but still some can’t see the woods for the trees

[lewisyfawr] 11/7/2018 13:53

One nice buy today at .19p. Nothing much since. Three good quarters, about to be four. Well on target against every indicator. Confident and truthful Q & A. Loads of money allegedly - and is not China wealthier than USA and does not have a national debt of 1.7 trillion and no way of paying it back. Loads and loads of potential Chinese money and expertise.

What else? If Range cannot work out a way in rest of this year to re-cast present debt and pay interest of less than 6%, I will be shocked. Everything is beginning to go their way. If they can get share price above what Abraham and Directors paid, many of us will be happy to put our hands in our wallet and buy more at a decent price. My new Ford Fiesta can happily wait.

Losing money at operational level? When oil was in the 40's, we were making OPERATIONAL profit. We will be making healthy operational profits now - and possibly into net profits fairly soon whilst oil price stays above $50. And it is over $70 now.

[celticheart07] 11/7/2018 13:48

"Looks like seller is back again.."

Can you actually read, 3 small sells totalling £165 and a buy for £978 ?

11-Jul-18 12:16:34 0.1655 15,000 Sell* 0.15 0.20 24.83

11-Jul-18 11:31:35 0.1652 62,000 Sell* 0.15 0.20 102.42

11-Jul-18 11:19:04 0.1652 22,727 Sell* 0.15 0.20 37.55

11-Jul-18 08:25:41 0.19 514,763 Buy* 0.15 0.20 978.05

[thebreadmaker] 11/7/2018 13:15

Looks like seller is back again - I am sure the low ball buys will come in like yesterday to prop up share at 0.175 again

[thebreadmaker] 11/7/2018 13:12

Reminds me of Dad’s Army when the German officer asked Pike for his name - Mainwaring to Pike

“Don’t tell him Pike” - they don’t make comedy like that anymore

[nas_daq] 11/7/2018 12:58

As expected the bitter one has turned up and shouted down the poster with deluded ramblings of more revenue .....increased production but as usual ignoring the facts ....range are running out of cash .....can't carry on the current rate of workovers .....are still losing money at an operational level and the debt is increasing.....it is extremely unlikely they will secure funding at anything like the current favourable terms and therefore the situation looks extremely bleak.......

[nas_daq] 11/7/2018 12:33

To get to 820 bopd they have had to do 87 workovers and one drill which wasnt commercially economical hence reviewing their plans.They only have cash for 30 workovers in H2 therefore production will drop and losses will increase again, it does not look pretty from an investment point of view.....

[nas_daq] 11/7/2018 12:30

Totally agree TBM, looks like more holders are becoming more realistic about their failed investment apart from the protestations of the 3 bitter rampers, wise words from a holder although im sure he will be shot dish in typical arrogant style by the most bitter poster of them all loadsadebt........My thoughts are that much like GKP, there may well be a solution to saving the company in 18 months time, but current equity will be destroyed - even more so than it has to date.We will bumble along with ok growth, but nothing like what is required to give equity a decent deal when refinancing is done.Looking objectively (which is sadly difficult) the company will survive, but it will never - never - pass the 'so what' test.That is to say, Range will never impact or influence anything and therefore what is the point in its existence?I am resigned to Range's inconsequential future. Perhaps if we somehow claw our way to 0.5p that should be my new sell target? 50% loss at that level, but palatable.I can already see that Indonesia is another 'meh'. We will continue to drill and WF in TT and release announcements to say oil produced, but nothing of any consequence. The bottom line is no matter how hard the board and workers try, the geography and talent is just not there.I'm resigned to my fate.

[thebreadmaker] 11/7/2018 12:27

With the oil price on the slide, no drilling plans, debts to be paid with no plan in place I think MrBlonde is a very wise person indeed to invest elsewhere

[lewisyfawr] 11/7/2018 12:19

Yes, we have had absolutely no ramping at all on advn. We have had some very strange posts from some very strange posters that were neither ramping nor de-ramping. In fact, they were not about Range at all. Thousands of them from posters who seemed to descend like a flock of vultures on any reasoned post. And none of these vultures owned Range shares by their own admission. Strange. Very, very strange.

[nas_daq] 11/7/2018 11:36

A wise decision mrblonde there are much better opportunities out there with investors who havent lost 99% of their investment and arent too bitter and desperately ramping on the only site left open to them.....

[martini069] 11/7/2018 11:23

Mr Blonde

I cant believe you make financial decisions based on message boards LMAO

And please define "ramping" for me because I do not recall any CelticHeart post that is beyond reasonable expectations

BTW Am I a ramper for saying average bopd will be 30% higher than last years accounts or that Income will be 50% higher than last years accounts or that Losses will be at least $25million less than last year - is that a ramp in your eyes ?
{answer is NO, its based on FACTS and published data]


BTW Mr Blonde, on 29th June you said "Time to start buying in here ahead of Quarterly results which will be very good."

So when you say thinking of buying, remember what you previously wrote...only 2 weeks ago !

[thebreadmaker] 11/7/2018 11:17

Oil further down

[mr_blonde] 11/7/2018 11:03

I've been following this share for a while and it does appear that things are being turned around for the better.

I was thinking of buying a significant amount of shares in this company but after checking in here and seeing that Celticheart has been prolifically ramping I've decided to hold fire.


Good luck all.

[thebreadmaker] 11/7/2018 10:32

Brent down over 2%
WTI down 0.85%

Going to make debt payments harder to pay back

[martini069] 11/7/2018 09:54

Lewis

Any reason your chatting to 1 troll with multiple aliases who has absolutely ZERO interest in Range other than trashing this board ?

WTI IN FULL YEAR ACCOUNTS TO BE ANNOUNCED WILL SHOW AVE $58.60
FIRST FEW DAYS OF NEW FINANCIAL YEAR IS ALREADY SHOWING 25% INCREASE ON THAT