Range Resources Share Discussion Threads

[dodge_city] 31/1/2019 10:35

Q3 2019 is in September.

By then the global economy will have crashed along with the oil price and hopefully Putin will have invaded western Europe.

[lewisyfawr] 31/1/2019 10:34

Looking at full report, the infrastructure should still be in place in SE project by end of Q3 2019 ie before 31st March. Good news and we need to get leaky oil tanks minimised and know that when we drill, much more of the oil in BM will reach the market. However good MD and St Mary's, BM is where we have huge proven reserves.

However, there are other comments in report about things about to happen in Q1 2019. Is this just a mistake? Perhaps someone putting info forward for report thinks Q1 ends 31 Mar 2019, not 30 Sept 2018.

[lewisyfawr] 31/1/2019 09:50

No posters on lse today. No posters on WS. Millions on ADVFN, allegedly. But, look again. Troll, me, CH. Probably no posts here this morning except for the entertainment of troll bringing more of his colourful characters into this week's episode of his seven year long drama. His seven year itch. Now he brings Barbara Windsor on!!! Chuckle, chuckle. What about dodgy and patchy? Have they been sent to Newcastle - or will we see their return this morning?

[titasiinitramho] 31/1/2019 09:42

Ribena doesn't get diluted as much as the mug Range shareholders do.

Still, its all good entertainment, and the shareholders here seem quite chuffed with the performance the promises and the excuses for their investment over the years.

And here was me expecting a divi announcement. ha ha ha

I'll have a monkey on 3 billion at 17/2.

[nas_daq] 31/1/2019 08:57

Any welsh windbags out there who are happy that range continue to LOSE cash every quarter, cash sub 3m now and burning 1m a quarter albeit if the last 10 days of December are anything to go by its 1m a month ...


Not long now until further funds needed for day to day expenses....

Cherry 🍒 on the cake...

[1manos] 31/1/2019 08:52

Guess the latest dilution ( circa Feb )
As going 3.85 billions
1 billions 100/1
2 billions 33/1
3 billions 17/2
4 billions 5/2
5 billions 4/6
6 billions 2/1
7 billions 3/1
8 billions 8/1

[dodge_city] 31/1/2019 08:46

Conversion Price: GBP0.0088 per share

[1manos] 31/1/2019 08:42

More shares going to be issued foo-king hell Nooooooooooooooooooooo.

On a positive note it only takes 79.25 years to count to 1billon.

[ssrover] 31/1/2019 08:28

o/t RMP rns

Great news AT RMP ..Spud brought forward slightly. Amazing presentation by 88e the operator... Commercial oil surrounding the whole of the immediate region we are drilling in...most likely looking at 90% COS or at the very least oil shows.

26/26 access rate on commercial finds..

risk/reward at £25m cap inc £6m cash looks amazing and expect to see share price of 10p within the next few weeks to bring our cap of £50m closer to its past peers for a similar operation..

Alaska oiliest place on the planet apparently

[rangenoresources] 31/1/2019 08:25

Don't believe the 20% rise and watch for the pump and dump

[rangenoresources] 31/1/2019 08:21

It's going to be a sea of Red today

[lewisyfawr] 31/1/2019 08:13

20% up on LSE just now. So oil good and market seems positive about results.

What I like is how truthful Range have been in last few months. After at least 9 years of lies and having to read between the lines to work out if any hope. Now it is more of the same, but at least they do not begin with "we are delighted to announce..."

[rangenoresources] 31/1/2019 08:03

ASEYHO - you are spot on £1.6m represents 47% of current company value based on closing price yesterday and that's if placing isn't done a discounted rate (mates rate)I am going for 5 billion raise

[apache_dropout] 31/1/2019 07:49

The good news is they are optimistic.

[apache_dropout] 31/1/2019 07:49

Water water everywhere but not a drop to inject.

[aseyho] 31/1/2019 07:31

I thought a fairly recent RNA stated that they did not need shareholder permission for the next share issue if it was below the level of the previous share issue.

So by the quarterlies confirming shareholder permission is required must mean that they are looking for quite a large share issue (in comparison to market cap). Comments welcome.

[rangenoresources] 31/1/2019 07:26

Nas - you have made my morning

[apache_dropout] 31/1/2019 07:12

It's good that they are monitoring production.