.

UP 10% ON THE ASX-High volume- 11.11 pence

Should be a very large volume day

indeed :-))))

In auction again.

blimey goldfinger your a blast from the past.,.

http://brokermandaniel.com/2012/01/16/range-resources-rns-alert/

Tsx opens 2.30pm our time

18% up, buyig at 13.13 p

Just wonder if Horn will release the rns in 10 mins

Have you passed out gibby. :-))

Spud pictures.http://www.garoweonline.com/artman2/publish/Wararka_19/Madaxweynaha_Puntland_oo_furey_caalkii_ugu_horeyey_ee_shidaal.shtml

Wasnt aware broker Panmure Gordon had a BUY RECO on this........ Expecting big upgrades here over next few days.

(from Hemscott Premium)

Range Resources Ltd

FORECASTS 2012 2013
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Panmure Gordon
13-01-12 BUY -1.32 -0.06 7.03 0.34
Edison Investment Research
06-01-12 None 0.98 0.06 10.01 0.13

2012 2013
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus -0.18 0.00 0.00 8.51 0.24 0.00
1 Month Change -0.01 0.00 0.00 -0.02 0.00 0.00
3 Month Change -4.49 -0.13 0.00 -0.02 0.00 0.00


GROWTH
2011 (A) 2012 (E) 2013 (E)

Norm. EPS % % 11,650.00%
DPS % % %

INVESTMENT RATIOS
2011 (A) 2012 (E) 2013 (E)

EBITDA £-5.25m £-1.03m £7.41m
EBIT £-5.38m £m £m
Dividend Yield % % %
Dividend Cover x x x
PER -26.89x 5,500.00x 46.81x
PEG f f 0.00f
Net Asset Value PS 3.70p p p

Good news goldfinger

Whats the time scale of this spud dc??

Bb, there is some uncertainty of the depth of the drill. There is 3 pay zones/ stacked targets. The first should hit a couple of weeks into the drill. As long as we do not hit a granite shelf :-) .This is a much shallower first zone target.

Possible 1st zone hit early Feb.

Thanks dc, will watch carefully as this for me is not long term but will trade in and out.,.

Good luck Bb.

The chart looks eerily similar to a year ago - I think I sold my first lot in early February.

On edit - 10th February.

If everything goes to plan on the physical side for Range, technicals show their could be huge upside as per the chart below. 24p circa resistance. dyor