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Range Resources Ltd - One for 2011 (RRL)     

Proselenes - 10 Dec 2010 13:31

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dreamcatcher - 12 Apr 2012 18:09 - 3319 of 5221

well done 3m on MTA

3 monkies - 12 Apr 2012 19:10 - 3320 of 5221

Cheers DC just a pity I hadn't had the amount in them as I have RRL - wasn't going to bother at all, as I said I was going to hang my boots up but sold BDEV at a loss and looked at MTA for a few months and took the plunge long may it continue. Not really my luck but nice for a change. Thanks again, having a G & T and an early night for me. Surely RRL must turn around soon.

dreamcatcher - 12 Apr 2012 19:19 - 3321 of 5221

May it continue 3m. Just one G & T is it, or G & T's amazing that little s. lol. Have a good evening.

3 monkies - 12 Apr 2012 19:27 - 3322 of 5221

Just a couple or 3, better not get too excited as we know what can happen. Worn the t-shirt too many times.

dreamcatcher - 12 Apr 2012 19:31 - 3323 of 5221

Make them doubles, why not. You may then see this sp rise. lo very l.

3 monkies - 12 Apr 2012 19:37 - 3324 of 5221

Had enough doubles over the past 12months watching RRL think the liver needs a small rest.

pumben - 12 Apr 2012 19:47 - 3325 of 5221

it would have been nice for them to confirm in the RNS today, how more days it would take to reach their target depth, rather than leaving everyone to try to guess. They are still 1100m away !
Disappointing to see the company use the tactic of attempting to mix some positive news (TT) with the bad news (Putland).

dreamcatcher - 12 Apr 2012 19:48 - 3326 of 5221

Just trying to think when was the last time this company had a half decent rise on an RNS. Errr decent falls . Give us a break no rns tomorrow please, could be a blue day then.

dreamcatcher - 12 Apr 2012 19:58 - 3327 of 5221

p, they were at 2002 mtrs on 7th March and 12th April 2703 mtrs. A calendar month for 700 mtrs. I know different operations are being done as the drill descends, so hard to tell. Like you say 1100 mtrs to go, at the rates above could be a month and a half.
SOMETHING DONT ADD UP. Horn said 90 days for the drill, a week or so out would not be to bad.

dreamcatcher - 12 Apr 2012 20:11 - 3328 of 5221

I have read the big guns are or have flown out to Somalia for an announcement over the weekend. Before todays rns I thought we were very close to TD. If this rumour is true with todays rns, I have no idea.

3 monkies - 12 Apr 2012 20:13 - 3329 of 5221

Pity we did not get out at the same time the person who started this thread did!!!!!!

dreamcatcher - 12 Apr 2012 20:27 - 3330 of 5221

Before my time 3m. 24 pence seems miles away. My view only Just wonder if this will hit high teens, not so sure about 20 pence this year. We have some great projects for the future but does nothing to the sp when announced. WE NEED TO BE SELLING OIL,
with 2 billion shares. Also the company or PL to stop stating impossible time frames.
There will be a spike if oil found in Puntland but I would guess a lot of selling.
I hope I am way out with the sp and it roars past .

gibby - 12 Apr 2012 21:37 - 3331 of 5221

with 2B shares could do with off shore punty coming good in time also!!

dreamcatcher - 12 Apr 2012 21:46 - 3332 of 5221

Hi gibby, agree. With seismics to be completed even this could be 2/3 years off. (stand to be corrected). As stated RMP may not exist by then to get our free carry.
All good stuff in the bag for the future.

pumben - 12 Apr 2012 22:07 - 3333 of 5221

I think if they have gone out to Somalia, it will be to agree the new date to reach the TD. They can put out the RNS today and have a different story for next week, tht surely would result in market manipulation !
I think PL if it is him responding to the questions that have ben posted here of late, will be losing trust from PI's if this drilling turns out to be a shambles.
Like GKP, if there was a lot of confidence in the wider world tht Somalia is going to be a great source for future wealth then I would have expected the SP to be moving north even with rumours but it is doing the opposite !

BTW I am a holder until end of April-May at least before making decison on the next steps.

dreamcatcher - 12 Apr 2012 22:31 - 3334 of 5221

Very good post pumben. Its like TT - PL stated 20 wells before was it end of 2011.
Sounds like most of the rigs have needed work to make them serviceable and to get them ministry stamped. So why not tell us, then leave us guessing what problems there are.
Market manipulation with RRL never. :-))

Again a guess for security reasons is the drill more advanced then we have been told,
and they more or less know whats there. Just been to much news - storage tanks, pipework. America etc doing deals . Perhaps the president is being briefed on what and what not to say. Who knows.

dreamcatcher - 12 Apr 2012 22:37 - 3335 of 5221

PL has picked the off shore punty zone, mes has another and the other one up for grabs. How was this picked . Perhaps from old paper work and seismics or do they know more.

dreamcatcher - 12 Apr 2012 23:00 - 3336 of 5221

Just read the Stockmailer flyers STILL haven't gone out, Stockmailer flyers haven't gone out because the US postal service had to audit them. Oh really?

3 monkies - 13 Apr 2012 18:02 - 3337 of 5221

Just a tadge blue but blue is better than red - I missed the boat with my other little purchase this morning but never mind, don't the weeks fly by these days? Oh I think I have still got those horrible things although I have not seen them, food is going and I bought a device from the Farmers place down the road and have put pea nut butter on bread in it before I give them the Pasta Poison and the pea nut sandwich has gone so that is good. Council coming back Monday morning as I missed him yesterday afternoon. All will be revealed then. Have a good weekend all.

dreamcatcher - 13 Apr 2012 18:12 - 3338 of 5221

Sounds like the last supper your giving them 3m, what a feast. lol
Just thinking which is dangerous for me,news can come any time soon of a oil strike .
They may not have to reach TD. May not be weeks away. Could catch us by surprise.
President speech Sunday, may or may not throw us some news. Good weekend 3m.
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