.

BH monday. Great for some news here Mon/more likely Tues. As Horn could still release
on Monday.

Tangiers did not fall today, mind you perhaps its fallen enough. Sellers seem to be drying up, just needs to start drilling later on in the year.

Could go either way......mainly in RRl so even if it's a setback : the company is so well run that it will bounce back...also have some RMP......blinkin' risky that one I might ad....

I'll be patient for Tangiers....would have loved to have had a relationship with that woman from Casablanca though....lucky Bogart....

Rmp does move on news at a rate of knots. This share will retire a few investors, if all
goes well.

Fingers crossed...hope so.....must dash.... bed awaits.....

Post 3529, lol.

Best of luck rf.

Sweet Dreams......lol....

Thank you to Balerboy - my neighbour has returned over the weekend as he spends so much time with his new partner - I braved it, explained the position I am in and he has very kindly allowed me access to his wireless so I am now in my bedroom window with window open and am connected, good thinking and very kind of my neighbour. Now got a vodaphone cheap mobile which I can get a signal more than I did with orange or 02. Having a shit time but at least I now have connections to the outside world. RRL isn't looking good DC we should have gone and bought back in but no point in wishing as said before. Having the gitters with MTA don't know whether to go or stay?? My choice I know. I have now 2 broken toes just to add insult to injury, I bashed them on the chair in the dark so all good fun - the nut house sounds good to me at the moment. I hope you all have a good Bank Holiday Weekend and have missed our banter.

Hi 3m, good to hear you are in contact with the wide world again. Surprising how much you miss the net when its out of use. What a world with the toes, last thing you need at the moment. Never rains but it pours as they say (sorry about the pun with the cloudless blue sky days we are experiencing of late lol) .

Cheers DC.

It will be very good to see rrl come out with some either Georgia news with Colombia
and more next week just to break the rumours that this and a stream of other news is being held back incase the news is not great. This will then take us towards Td and if we have more news on this drill with investors feeling a lot more positive and perhaps the sp recovering.

Down 5.88% on the ASX

Horn up 4.65%

http://www.stockhouse.com/Community-News/2012/May/7/Africa-Oil-shares-soar-on-Kenya-oil-discovery

Africa oil up over 40% with the news of a 100mtr pay zone found in their drill in Kenya.
Come on Keith Hill pull it off for Range.

Get the feeling the next week or two on the markets are going to be choppy. Was
expecting the drop on the Markets to be worse today.

hmm, african oil, RMP and Horn up but RRL down, can't work it out why this one would go down when the rest of the partners go up ? Are MM's playing games ?

Africa oil being the parent {sleeping company) of Horn have other vast interests ie
Kenya that have pushed them 400% north in this calendar year. Cannot really compare them to Range or Rmp.

Rmp - Short term if an investor has only invested in Range, I dont think this has done them a favour in being formed. In the medium term if Puntland comes right and Georgia,
investors perhaps will make very good money here. If things go not so well with rmp
only having Puntland and Georgia may get punished a lot harder than RRL.
Long term rmp in my view was set up to take a large slice of the cake (offshore puntland) with cash and all sorts changing hands in rrls favour and then a major perhaps buying out RMP resulting in all investors being happy.

Horn - Being the operator, a lot of investors have invested here as with rmp as both
companies have far less shares then Range. The shares being far more leveraged.


RRL - I feel when the company wish the share to move then only will it.
There is a list of sp moving news to push this north? Why is it not being issued ?
1. perhaps to soften not so good news with the Puntland news
2. Good puntland news, then really turn the news on for a re-rate?
There is just too much news we are not being given, left only guessing.
Range have 10 x the shares of rmp and more then this for horn, the last dozen rns
have done nothing/ dropped the sp for range. So it only looks like oil is going to move this share. At the moment we are not pulling enough from the ground.
For the future if all ranges prospecs come to fruition the sp will be many times of today.
I did my homework before I invested and the company is not the one I thought I had invested in .

1. Time frames have slipped a mile, resulting in we should have achieved a lot more drills. TT way behind.
2. The sp has been artificially raised/dropped, call it messed with.
3. The company has purchased far more assets then investors were first told hence the capital raisings/ static sp for many months.
4. Long term I still have the view when oil revenues climb, this will have been a great company to have invested in.

I think a lot of investors are sitting on the fence to see what way the Punland drill goes. Bad news I think a lot will jump in resulting in not such a fall and good news they will jump in. Due to the whole puntland zone being derisked.
The current sp does not even reflec our p1 reserves.
As said before the company has got to pull its finger out and stop giving impossible time frames that result in negative views from its investors.

audyor/ I am happy invested here but know with this the company its not going to happen tomorrow and ofcourse the economic times have not helped one bit.


Thats my view, if anyone thinks any different love to know as a lot of investors are asking questions of rrl. Just good to know a few more investors views.

Uncovering Puntland’s Italian-Qatari Contractor [IMAGES]



http://dissidentnation.com/uncovering-puntlands-italian-qatari-contractor/