.

RRL closed up 25% on the ASX last night, up 41% at one stage. Should be a very good day today.

Morning dreamcatcher and thank you for the above info. Yes looks to have been a good trading day in Aus..

Morning granny boy, looks to be moving now. Good day lets hope.

Early excitement, gone a bit limp, needs another viagra.

The 250.000 sells through the morning have blown the rise apart.

.

A planned walk down to 8p, nice to have a planned walk up again .

.

Keeps the market moving

hmmm interesting start to the day then damp squib

any thoughts for january??

Normally snow or wet and cold. :-)

Happy late christmas and a happy early new year gibby. Hope you had a good xmas.
Any thoughts for jan - Day traders seem at the moment to trade out any rise before it
even gets a start? Just looking at a whole page of blue and sp barely moved. Just shows the scale of the loss from the 24p to the current 8p.

lol dc thanks for the weather forecast :-)))

and thanks - happy late christmas to you also and atvb for 2012 - i had a bit of a too good xmas but sober now lol!! i know what you mean ref day traders - i do believe 24p will be back but just not sure when!! depends on the news i suppose as usual - rrl did not perform sp wise as expected imo - similar to rrr and a few others - i am in the process of freeing up some cash to buy but after recent performance in no hurry at the moment to buy any more - sitting on the sidelines waiting for more weakness if it happens

btw htt :-)))) lol
gl

Snap gibby, just a bit frustrating to have money here since last xmas, with no gain and to be able to
Book a holiday and got the spending money from hot tuna this morning. Going to be a long term hold to gain the true value. Just would be good to see it back to 24p in the
next few (3 or less) months and build from there.

The company would perhaps do well to scrap the divi and do a share buy back, when the company sell the proved up (p1) assets. Thats later in 2012. Read a George Soros
article on this and it can put an instant 5% to !0% on the sp. If done for the right reason is a good idea, not so good for the wrong reason.

Was that you gibby 5 million purchased at 4.30pm :-))))))


16:29 8.23p 5,000,000 £411,410 Buy O

RRL down 10% on the ASX

glad to hear you also made on htt dc - good stuff

yeah i had a spare few quid and thought 5M - why not lol!! seriously though i think that was probably a sell hence sp reversing

not good ref asx - holding back here for the moment - long term will be fine but could see more reverse here short term as peeps looking for short term wins elsewhere imo - if rrl dips below 7p again that would be good enough for me to buy more regardless - we'll see i suppose - rmp intersting also at the moment again

Morning gibby, Also need horn to announce the spud in Puntland. Needs the big boys to get their feet back under the desks next week .

aftrnoon dc & agreed - i had some spare cash this morning but today for me it was rrl or rrr for my longer term strategies - i bought more rrr instead as i feel maybe some more southerly here more so than rrr - however long term this and rmp excellent prospects - january onwards should be interesting