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Georgia update for Range just out on ASX.

http://www.asx.com.au/asxpdf/20120509/pdf/4264tw14l1vgwf.pdf

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Never liked Georgia, dressed up rns to make the best of a dog. Not a sp raising rns,
may well see another 2 - 3% fall today. Again why is the arm long list of rns's not being released that may raise the sp?

Impressive eh, now I underrstand why he only got 12p when raising the additional money with institutional investors. They must be really impressed by the RNS since that placing ! PL needs to step and start to manage this Co. and start building up confidence because at the moment he's doing a poor job.

Here is the RNS - Georgia Update.

lot of buying at 8.8p, my ave 8p so watching carefully. Hopefully on the bounce.

Recovering today. Georgia rns out the way now, lets hope for good news in Puntland.

Oh! I give up. Can't see what the game is from where I am perched in my window. BT have now told my neice another load of crap and she is waiting to speak to somebody else as she is getting frustrated with their different could be lies or more than likely excuses. She won't give me the phone no. she is using as she knows I would definitely loose the plot. Ah! well loosing nicely on RRL now like millions of others but hey ho, just another one. Do you want a G & T DC??

Pour everyone a large one lol. A good Puntland update tomorrow would calm investors nerves and take out the worry of the over shoot of the 90 day estimate of the drill.
At least your on line 3m.

ALL in all not a bad day for Range.

Very quick turn around for rrl and rmp today are mm's playing with us pre Puntland news ?

Horn down 4.17%

The MM's need to stop messing - no good for the normal lay persons health.

Just wonder if news is imminent. Rmp was down at one stage today 11%

from ii -

http://www.growthcompany.co.uk/news/2102528/range-going-hard-in-georgia.thtml


Range going hard in Georgia
09/05/2012 AIM outfit Range Resources (RRL) has provided an update of its activities in Georgia.

The oil and gas play reported that estimates at the Tkibuli-Shaori filed placed the amount of recoverable gas at 400 billion cubic feet, of which Range's 40 per cent stake is worth 160 billion cubic feet. Range added that sand horizons had already been identified around the coal beds.

Range also declared that it had signed an agreement with the Georgian Industrial Group concerning the joint development of the project, enthusing that GIG is the ‘largest holding company’ in Georgia. Meanwhile drilling at the Namakhvani-1 well was said to be delayed as a result of ‘poor weather conditions’.

Analysts at house broker Panmure Gordon have set a target price of 18p.

The heavily traded concern is currently standing at 8.99p. The mention of 'bad weather' as the reason for the delay in Georgia is unlikely to enthuse investors with confidence with the focus remaining on in its prospects in Puntland, Somalia. The shares remain a speculative buy for now.

Horn down 4.88% now, better make that a triple G&T!

Georgia - (Bad weather delay ) The company has perhaps had second thoughts on Georgia, Georgia now on the back burner. We do not need another duster there with the sp as it is. The company can now spend more on TT where every drill to date has results.

The bottle must be dry now.lol

The recycling plant must love me!!!!!!