.

LOL. Thanks 3 monkies . I hope these will really move over the next few weeks.
Providing the laptop works you will not know Im away, oh unless im in the bar.lol
Then I will have to decipher or try to in the morning. :-))

something else I thought of, if range are forced to put our an rns asking why bla, bla ,bla. Just wonder what they will say as Horn are the drill operators and should take the lead in any news. Could well be a few telephone calls. Could again be interesting.

Get plenty of sunshine and plenty of arm excercise in the bar (bars) relax and just keep having a sly look at the shares and hopefully get another glass full and rejoice.

Thanks 3m, You get a big bottle of gin in to celebrate as well 3m. PL selling off the 20% of Puntland to RMP (as it was 60% horn, 40% range) but now 20% range looks
very cheap now for 3 million. Hmmmmmmmm And they are good buddies , I bet they are even more now.

You have well confused me DC do I get RMP instead? I know that is up to me but got me thinking? I know you have RMP as well but where does it say PL is selling off 20% of Puntland and why would he want to if Range is going well there or have I lost the plot? I had better get to bargain booze Gin is on offer there well (Greenhalls Gin) is.

Its been done already in the past 3m, the sell off. Even though I hold RMP never new
why and so cheap.?

Its your choice 3m . Rmp In my view are more risky, due to having a 20% share in Puntland/Georgia. They have another mining asset cannot remember what. With far less shares they move quicker than Range, but remember what will happen if there is not so good news. Range are underpinned with other assets if Puntland does not go right. choices, choices.

I think I may stick with Range but have to sell BDEV first which won't be such a sorrow as I won't loose much now if I get out - decisions decisions getting too old for all these descisions haha!!! Either that or I loosing my bottle (of course not the gin one). Lets wait and see what tomorrow brings.

Good luck for what you decide to do 3m, as at now both seem a good bet, just at what risk you want to play.

I'll try to post the ASX sp 3M, if DC can't find the handle to wind up the laptop!

I hope you remember to pack your flip-flops DC! :o)

Thanks kim, last march when I was away these rose to 24p, same again please and more. The usa side should become more relevant then the weak ASX in time.

Any chance you could go on holiday once a month DC?!

Thanks Kim but don't worry if you forget, wonder if DC would like me to carry their luggage on a Monthly basis - I promise I wouldn't be any trouble.

Just got back from a dog walk, more they walked me. Is that to get rid of me or so the sp can rise. lol

I see this article is two weeks old on Wednesday, so range must of moved on further from here?



Leaks, — February 15, 2012 23:12 — 8 Comments
Major Oil Strike in Somalia
According to contacts working at an exploration site in Somalia’s northern Bari region, itself a province within the semi-autonomous Puntland state authority, drilling teams at the Shabeel-1 well have already struck oil on the second stacked target with results indicating the presence of medium to light crude oil according to an onsite hydrometer. On February 4, Radio Horseed spoke with Africa Oil supervisor Said Farrah Yare who confirmed that a depth of 1,100 meters had been reached, and he had more to say. The following text is an excerpt from the Radio Horseed report, translated from Somali.


“We have reached a target depth of 1,100 meters with the drilling rig, and the results thus far are better than expected. We expect in the coming period to reach a result that will bring immense and surprising joy.
”
Around the same time, explorers in Angola announced that they had impacted fossil fuels at depths of around 400 meters, which Puntland should have surpassed several weeks ago, making the latest developments within the realm of possibility. At this point, the confirmed 1,100-meter target on February 4 is the last official piece of information coming from the operations, but the plausibility of oil having already been discovered is very strong.

On many occasions the Puntland administration and the exploration teams have worked in silence for security reasons. It wasn’t confirmed until the week of January 12 that drilling equipment had been arriving at Bosaso, the main port city in Puntland, just days ahead of the official spudding.

There is a history of Puntland and the oil companies playing brilliant mind games on the public when it comes to drilling, but the surprises they deliver are always spectacular, and more surprises are definitely on the horizon when considering the upcoming London-based conference on February 23, where oil will be a huge talking point and a major point of leverage for the Puntland administration.

Hirsi Fiqi, Editor

DissidentNation.com

(Feature photo courtesy of Range Resources Ltd.)

Nice Bloomberg news will help the US side

.http://www.bloomberg.com/news/2012-02-26/u-k-in-talks-with-somalia-s-puntland-about-oil-observer-says.html

:o)

3m, don't be to quick to sell BEDV, look around you building work is begining to look a bit healthier imo. up to you.,.

Cheers Balerboy, just don't know where to go next we are all in the confused state - sell they go up and visa versa, don't buy something cause too scared and they rocket. Must admit BDEV are showing signs of coming round the bend. Will see how I feel in the morning, being a woman the mood swing may have changed ha! and thanks.

Red Emperor have been suspended on ASX pending an announcement. It concerns capital raising. Does not affect Range.