.

From IG Index....

Client Sentiment

LONG 100% of IG clients with open positions in this market expect the price to rise

0% of IG clients with open positions in this market expect the price to fall

A big day for Range tomorrow, let the news flow and the oil.

A positive RNS would be good. Seems a long time coming, or is that my impatience?

Wrong way around DC oil flow and then news - Oh! we wish!! BPC are doing well again - shame I don't hold any, so good news for everyone else. Has anybody sent out a search party for Gibby? No yeharring for what seems ages, perhaps he is paddling around in that black stuff somewhere (oil) that is, with his flippers on.

Hi 3 monkies, how about news of an oil flow. Bit early. Perhaps he is in some far off
paradise, and felt bad telling us. :-)) coeliac 1, your impatience and all of ours. I think that has been the game, to get the impatient to sell. Lets hope the patient will now be rewarded. I think there is 20 odd news items due, some will be game changers.

You can never jump your guns but with President Faroe here this week from Puntland
it looks good. Wonder if he will drop any pointers, like at the ceremony with his oil estimate. :-))

Thanks to Wine-stock 14


Post 2753 wrong 30 news items due, I think its fair to say the news has been held back some what :-))



All based on a combination of RNS, Rumour & my interpretation.
I did colour code them by likelihhood to occur by end March (doesn't come out on here)
Suffice to say the ones higher up the list are high liklihood, the further down the list you get, the more likely that activity will drift beyond that.

1. OTCQX upgrade - Broker notes in USA DeHaemer? (This week)
2. Smith 2 frac and flow rates (¡§virgin reservoir¡¨, frac "early Feb")- DUE
3. Albrecht results & next stage (looking v good 9 5/8" Casing run, 11/14 Complete,detail pending, feb) - this week (?)
4. Texas P3 to P1/2 upgrade (looking good, detail pending, feb/march) ¡V soon
5. ECV flowing (looking good, "frac approved, Q1")
6. Sale of Texas Assets? (or continuation with 4 well programme) - pending
7. Puntland Oil shows/testing rumours - Pay Zone 1 ¡V Ongoing ƒº
8. Broker upgrade notes from UK, AUS, USA ¡V soon following news
9. Trinidad well program update (4 rigs to be in operation, *Herrera drill Feb)) - DUE
10. Trinidad flow rates update (good progress, better than expected flow rates) - DUE
11. Herrera spud (*Feb ¡§following completion of 3D data processing, ¡§early / mid February¡¨) - DUE
12. UC License (?)
13. Puntland Rumours - Pay Zone 2 (Possible Interim news with Wireline
logging?) (If Zone1 rumour's true, will be very soon!)
14. Tangiers - Bigger interest, accelerated activity! - RNS (TPET listed now - soon?)
15. MES Onshore Puntland details (E Nugaal) - RNS (Overdue IMO)
16. Offshore Puntland details (20%, free carry through Seismics, (JV?) - RNS (?)
17. Georgia K6 Spud - RNS -DUE
18. Georgia Future plans - Shale Gas (JV?) - RNS (?)
19. Trinidad 3D CPR + Rest of acreage CPR - RNS completion 3D ¡§early / mid February¡¨ -DUE
20. Puntland 1 TD, activity plan for testing - RNS (?)
21. Columbia deal announced, activity plan - RNS (Next week?)
22. New terms in Trinidad (RNS)
23. Puntland 2 Spud - RNS
24. Leni deal approved - RNS
25. Goudron activity plan ( )
26. Trinidad water flood start - RNS
27. Georgia Mukiahni Revisit - RNS
28. Yet another unexpected ¡¥Blinder¡¦ by PL! (Rumour :-) )
29. Georgia Result - RNS
30. Herrera Result - RNS
31. Texas sales or more detailed drill plan - RNS ( continuation with 4 well programme ¡V detail pending) - soon
32. End March

Hi DC what does :-)) mean, is it some sort of internet language expression? Joking apart one can only hope whatever happens it is all going to be good then we can all get to some far off paradise - my old bones could do with some warm climate. Sssshhh I am only £250 pounds short of what I gave for BDEV years ago, Oh is luck changing?

3 monkies it looks better then :-(( or 8-(( , lol. With all his yehaaaaaaas he must be spending some of it. Good for you 3m. Lets hope this one comes right as well for you.

Cheers DC. 64yrs old in June (24yrs in the mind) so would love to have a bloody good time before it is too late to enjoy and good luck to everyone - as we all know nothing is written in stone apart from engraving. Await tomorrows events in the rainy cold North.

Going bonkers. upwards that is. had another tranche earlier already in profit.

About flippin' time! Been sitting on these for ages.

Well done Harry.

Patience is the name of the game.

From my trusty snitch..........


"Moving along though, the big push today is because of the yanks wanting to get into Range.
> They are using BNY to access stock on the AIM and will do so once the US markets open and raid whatever they can on that market, then they will turn to the ASX tomorrow and it will repeat until supply has fed the demand. Then a nice RNS will cause another round........."


BNY= Bny Mellon Asset management Bank of new york

Nice round 1 pence up, 8.33%, good news goldfinger.

http://www.garoweonline.com/artman2/publish/Somalia_27/Somalia_Puntland_President_receives_a_warm_welcome_in_London.shtml

Hope you had a great hols gibby

Settlement as of 21/02/2012, at 5:45 p.m.
Top performance from Range Resources Limited Npv (Di) as it closes +8.33% up. The security opened at the same level as the previous day's close, and then gained steadily throughout trading. Comparing the share price trend with the FTSE AIM 100 Ix index on a weekly basis, we see Range Resources Limited Npv (Di) maintaining relative strength over the index, as it exploits a greater performance than the index (weekly share performance of 11.63%, versus a 3.44% gain in the index).

BASICS
Resistance 2 16
Resistance 1 13.75
Closing price 13
Support 1 11.5
Support 2 10
Volatility (daily) 5.28
Value At Risk % 12.29
Performance (weekly) 11.63 %
FTSE AIM 100 Ix (weekly) 3.44 %
Performance (YTD) 35.59 %
Performance (yearly) -26.15 %

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