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Very good points.

Perhaps PL has tested that runway in his private jet. :-))

Who is buying all these cheap shares, ll's by any chance.

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Range Resources (RRL LN, 7.45p, ▲ 2.8%) - Open Briefing Lifts the Lid…Just a Crack: Range Resources' Open Briefing, has provided more colour on the background to yesterday's announcement. So, now we know that internally the partners are talking about volumes between 70 - 130mm bbl, and that they are waiting to see if the flow rate will be commercial. As with yesterday, we are reiterating our BUY recommendation on RRL (Target Price 27p) and RMP (65p).



Read more: http://www.oilvoice.com/n/FoxDavies_Daily_Monitor_Heritage_Oil_Range_Resources_and_Volga_Gas/55907466337e.aspx#ixzz1vE6ckvPB


http://www.oilvoice.com/n/FoxDavies_Daily_Monitor_Heritage_Oil_Range_Resources_and_Volga_Gas/55907466337e.aspx#ixzz1vCmIt8jk

MD Peter Landau
Nothing changes for Range in the immediate future and we are working head down, bum up. We are fully funded and look forward to updating the market on a number of fronts including Colombia and our flagship operations in Trinidad and of course hopefully on further drilling success in Puntland.


http://www.rangeresources.com.au/fileadmin/user_upload/asx/Lodgement_of_Open_Briefing_Puntland_18.5.12.pdf

Horn up 8.75% (yesterday down 50%)

Hi DC, not made a jot of difference to the sp - another waiting game at a very high cost unfortunantely.

Hi 3m, Not sure if the fire fighting exercise was a good idea . Note he added poss
bbls of oil to Range .'' Nothing changes for Range in the immediate future and we are working head down, bum up''. It wants to, PL wants to get his ars- out to TT and see
what we are employing 300+ staff for. Range now wants to get a move on.

RANT OVER

sorry 3m. Will just have to wait now and see .

Agree DC he needs to get more than his ars- out in my opinion and don't blame you for a RANT gutted to say the least.

His constant e-mails to investors (some are false I know) have not helped . Now he sees that public investors are not putting up with huge time delays, rns's that are far from giving the whole picture.
Colombia had better get oil on stream fast and not burn cash . The last thing we need is a cash call.
Institutions invested here must be livid now.

Must be stops kicking in sell 6.60p WOW

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That low m, was out at that time.

Wonder if money is being put in xel.

Perfectly correct I witnessed them with palpitations going berserk in my chest. Wish you had got a few mta when I did, but keeping a very close eye incase they start going down the pan!!

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Good to see something going right for you 3m. Well done. These have got to be placed (or screwn up) in the bottom draw and see what happens for the future.

Thanks DC. Even whats going right could turn equally wrong as we know. (Bottom draw - more like the fire).

You would think we had drilled a duster and the company had put out there is no oil in Puntland. Very jumpy and nervous investors. (some what of an understatement)
Thank god we did not have a duster we would be at 2p