Range Resources Share Discussion Threads

[rangenoresources] 30/1/2019 23:21

This is a disaster - watch how the market takes it tomorrow 15-20% down is my prediction

[celticheart07] 30/1/2019 23:14

Average production for the quarter 572 BOPD slightly down on previous quarter due to adverse weather and limited storage. What happened to the 200BOPD predicted?

New study commissioned on St Mary's Block

New Geotool acquired to establish shallow drilling programme on Morne Diablo

Expanding waterflood programme

Accelerated program on South Quarry to increase production

Corporate restructuring underway

Cash and liquid assets of $5.8 million

Not the disaster some were hoping for I am delighted to say

[aseyho] 30/1/2019 22:36

And apart from that, just a list of excuses and future promise as is the norm.

[aseyho] 30/1/2019 22:29

2.8m early loan payment still being classed as 'liquid' even though it can't be obtained easily.

[aseyho] 30/1/2019 22:27

Payment of the 1.6 m interest to be funded by issue of shares, February.

That will be a hefty dilllution

3-4billion shares?

[aseyho] 30/1/2019 22:22

Estimated cash outflows for next qtr at 2.95m is still about 20% higher at the previous qtr inflows,

So I'd expect another half mill net outflow next qtr

[aseyho] 30/1/2019 22:18

572 average bopd for qtr
2.9m cash in bank
C.1m net cash outflow for qtr
220k paid to directors in period

[rangenoresources] 30/1/2019 19:14

Marshsi - spot on as ever

[marshsi] 30/1/2019 18:22

Water flood expensive flop

Playing more cricket than drilling for new oil

Existing wells drying up.

Going to be shocking figures as the directors squeeze as much salary out as possible before turning the lights out.

No drilling does mean one thing though

More excellent safety certificates and no deaths in 2019.

[rangenoresources] 30/1/2019 18:05

But WTI is up so it's all okay ha ha ha

[rangenoresources] 30/1/2019 17:53

Nas - It's great. Almost worth waiting up till 11pm so I can mock the rampersIt's going to be carnage

[nas_daq] 30/1/2019 17:41

Has anyone noticed not one ramper has estimated the production for tomorrow’s figures I suspect they know deep down it is going to be bad and can’t bring themselves to jot it down....

Luvvly jubbly

🤣🤣🤣

[rangenoresources] 30/1/2019 17:16

Celtic seems a bit worked up. Must be the up coming results

[titasiinitramho] 30/1/2019 16:04

Maybe you should try it sometime.

Thinking that is.

Ha ha

[celticheart07] 30/1/2019 16:02

Save it for someone who cares what you think

[titasiinitramho] 30/1/2019 15:58

Why is the trading volume of the share you are invested in irrelevant?

Why is the price of the share you are invested in irrelevant?

Were you starved of oxygen at birth?

[titasiinitramho] 30/1/2019 15:56

Dont worry about the Range quarterly report nas.

WTI is up, and that is all that matters.

Other good relevant news, in Johannesburg today the temperature is 29 degrees.

Ha ha ha ha ha

[celticheart07] 30/1/2019 15:54

Volume of trading is meaningless at the moment both buying and selling. WTI climbing is far more relevant.

[celticheart07] 30/1/2019 15:45

WTI now $54.12 and yes it is relevant to range as it is heading northwards regardless of which I will decide what I think is relevant to post.

[titasiinitramho] 30/1/2019 15:37

celticheart07- Why do you keep bleating on about the price of WTI.

Today, WTI Crude is 2% UP, Range is 6.25% DOWN.

Are you invested in WTI or are you invested in Range?

You are obviously compelled to post, but try posting something relevant.

Then maybe you will not be called a "Welsh Windbag" so often on these boards.

Prove us all wrong and show us that an old dog can be taught new tricks.