.

http://dissidentnation.com/somali-pm-reaches-out-to-puntlands-constitution-demands/

On the Africa oil presentation put on here slide 24 its clear that there are 2 boxes that were put in to cover additional shows of oil. Major talk all over the Boards yesterday and today. Hmmmmmmmmmm

New video Africa oil presentation.



http://www.dailymotion.com/video/xqssre_response_tech

Lets hope this major possible leak will have the investors that are sitting on the fence taking a position in Range. We are getting close now.

It would be good for the company to get the for sale sign up for Texas soon, with the sp so low. Then with the proceeds get the buy back of shares moving . Many more shares at this price can be purchased per £ today then if all goes right for the future of the company.

It would be good for the company to give a positive RNS. There's probably alot of investors who are reluctant to invest more until they start to see some good news. Regardless of how tight you may try ro prevent leaks, they always will get out and the SP normally starts to move up as we get closer to any good news (GKP and Heritage Oil are good examples). in the case of RRL, it is going the opposite, which suggests that people are losing confidence. PL needs to start getting his act together and get some shareholder value otherwise he will lose alot more investors.

BTW I hold but nore sure for how much longer.

My take on RRL, not to say its right. As you say people losing confidence yes at the time ll's gaining confidence as the drill progresses. Public investors are handing over cheap shares to other investors as well as ll's.As with all sells there is a buyer.We have had no RNS to say any ll have
dumped shares to the extent of having to be notified to the market.
I know you can keep defending the company but PL has always stated that he wants more shares to be with ll's. To a certain extent I think this is whats happening
bluntly to brass off (nice word) public investors and put doubts in minds (games play)
RRl has come through bad economic times as every other share that has not helped things.
I also think back a couple of weeks ago to the £6 million placing for rmp (may have been
dollars cannot remember) and think no mad fool would put that money in on a gamble, this far down the road on the drill and close to TD.
It was at the time we had news of the 12 - 20 mtr find (I think they were privy to a bit more info ) and must of been told of Georgia changing plans, so there was no risk there, or far reduced lets say.
News I still feel was held back incase this drill in blunt terms was a duster,
Lets hope we all get updated soon.
I feel this drill is going right and am happy to sit it out.

TT could turn this company into a billion pound company on the deeper drills alone.
Yes it seems to of had some sort of problems, again I can only hope they iron them out.
We also have news of Colombia to come, this may be huge.

Sadly I have felt it with Range that the jam always seems to be promised tomorrow ?
Again I can only speak for me and thats if I jumped ship now Im going to regret it.

Going back to Puntland if this drill comes off it will derisk the whole area including the huge off shore for the future.
This is the time I want to be invested in the company when the Puntland area is derisked and ll's will no doubt start investing then and many more public investors.
Thats when we should see a vey much better looking sp.
Then your going to have the big boys wanting to buy the drill sites . :-))
Remember Puntland was the drill that was never going to happen and PL has pulled it off ( just need a good result) .



Like I say my view only and please do your own research.

Up 10.34% on the ASX

Never seen so many investors up at 4 and 5 am on the boards,going to be a good day.

Rns promised by PL lets hope we are starting to move -


http://www.rangeresources.com.au/fileadmin/user_upload/asx/ASX_Announcement_Puntland_Update_14.05.12.pdf

PUNTLAND UPDATE
"Range Resources Limited ("Range" or "the Company") is pleased to announce that the Shabeel-1 well currently being drilled in Puntland by the Company's Joint Venture Operator, Horn Petroleum Corp. ("Horn" - TSXV:HRN) is drilling ahead at a current depth of 3425m (as at 13 May 2012).

A gross section of 150m of oil (possible net pay between 12-20m) has been encountered in the Cretaceous Sandstones (previously announced) whilst further oil shows have been encountered in the deeper sandstones which are currently being drilled.

A testing program including the zones discovered to date and any deeper potential pay zones encountered will be agreed with the Operator upon total depth being reached."

Is this good or bad ?.....could go either way by the look of it .....up would be better ...

Not many good well results lately from any company.....apart from TLW off South America........perhaps this one is about to buck the trend.....

Perhaps something that rhymes with buck might be appropriate!

In the dam red again now. I can think of something that thymes with buck kim!!!!!

I don't suppose that would be "luck" 3m'?!

Don't go kicking the cat with that bad foot 3m!

As you can imagine it didn't begin with an l kim. No cat to kick bedclothes to hide under though!!!

I must be bonkers but topped up.....badly need this to come right......which means it won't.......but we can hope and if not there's always another well.....oh dear .....

You always seem to be cash rich rf??? I must be in the wrong job!