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Range Resources Ltd - One for 2011 (RRL)     

Proselenes - 10 Dec 2010 13:31

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3 monkies - 08 Jun 2012 16:58 - 4207 of 5221

A nice finish, a few more days like this and we may see double figures.

dreamcatcher - 08 Jun 2012 17:55 - 4208 of 5221

Sorry 3m been out this aft. Happy new year kim.

dreamcatcher - 08 Jun 2012 18:04 - 4209 of 5221

Pl did say in the presentation the cash would be put into Colombia. We have also been promised a buy back and dividend ?perhaps some of these will come in time. Seems a
lot of promises to stretch $60 - $70 million dollars. Has been talk of $100 million.

dreamcatcher - 08 Jun 2012 18:14 - 4210 of 5221

A very good TT RNS Monday morning could see us through 10p. From the presentation TT sounds to be going well.

coeliac1 - 08 Jun 2012 18:15 - 4211 of 5221

The buy back has been mentioned most recently so I would think that would be first on the list rather than a dividend.

dreamcatcher - 08 Jun 2012 18:19 - 4212 of 5221

Dividends can come later. Just wonder if most of it will be put to use in Colombia.
As long as it is all in shareholder interests , sounds good.

dreamcatcher - 08 Jun 2012 18:22 - 4213 of 5221

Also hope Range get the Puntland side of the business split for shareholders fast.
The other assets can drive the sp forward. I think the split will be good for Range
shareholders. Then the leverage for Puntland will match RMP. Also shareholders will not keep jumping to and fro to RMP.

dreamcatcher - 08 Jun 2012 18:27 - 4214 of 5221

Horn 1.3235 up 0.0395 (3.08%)

3 monkies - 08 Jun 2012 18:47 - 4215 of 5221

I just hope it carries on going up and they don't do a b.awful consolidation. Rained all day here and hasn't stopped since Tuesday afternoon - great.

3 monkies - 08 Jun 2012 18:47 - 4216 of 5221

I just hope it carries on going up and they don't do a b.awful consolidation. Rained all day here and hasn't stopped since Tuesday afternoon - great.

dreamcatcher - 08 Jun 2012 18:50 - 4217 of 5221

We need the rain down here. You must have a nice green lush lawn, that would or should be brown this time of year.

3 monkies - 08 Jun 2012 18:54 - 4218 of 5221

Your welcome to it, I shall leave you some full water butts in my will. Got webbed feet here.

dreamcatcher - 08 Jun 2012 18:55 - 4219 of 5221

No consolidation. A buy back would be better, only after re investing cash into Colombia. Cannot see the point in giving a dividend or share buy back only for the company to come at shareholders in 6 months for fund raising.

3 monkies - 08 Jun 2012 18:57 - 4220 of 5221

Yes it is lush, green with plenty of moss and the poor plants/shrubs/trees etc. are all drooping with the weight of water. I has advantages but lots of disadvantages.

dreamcatcher - 08 Jun 2012 18:57 - 4221 of 5221

To much house building down here without giving thought that the area is becoming the driest in the country.

dreamcatcher - 08 Jun 2012 18:59 - 4222 of 5221

Rake the moss out and supply the hanging basket business. :-))

3 monkies - 08 Jun 2012 19:56 - 4223 of 5221

They might strike a deal, moss for grass seed. Good weekend all and hope kim has not been washed or blown away.

kimoldfield - 09 Jun 2012 12:16 - 4224 of 5221

3m, apart from a bit of rain and not much more than a breeze, our area has been lucky. Due to the geographical layout, we rarely get the extremes of weather that are seen elsewhere. This is Wales though, so it will be a long time before we can boast tropical weather!

Have a good weekend all.

pumben - 09 Jun 2012 19:42 - 4225 of 5221

well after watching the presentation, PL certainly suggests that TT is the flagship and so anything but a good rns will help his statement and hopefully SP move back into the double figures where it should be. Didn't get the same feeling for Putland, I think he was cautious on this one, why would he want to split this one if he feels encouraged with the results so far. Surely he would feel the SP would benefit if the results were going to be better than or met their original forecasts. Texas appears to be moving towards a sale in Q3 and yesterdays RNS didn't do any harm. Columbia, will see what they tell us about their plans for this. I think Georgia is just a waste of time and probably little will be achieved on that one. So

1. TT
2. Texas
3. Putland
4. Columbia
5. Georgia

I hope when they sell Texas, they go for the share "buy back", there are too many shares in circulation, need to buy up some of those shares and so stabalise the SP.

76m shares yesterday, surprised with so many sells but then again, a lot of buying must ahve happended when it dropped to just over 5p and so a 50%+ for them would encourage anyone to lock in the profits. PL needs to continue with the positive news and get the shares abck into doubles figures !

dreamcatcher - 10 Jun 2012 16:16 - 4226 of 5221

No ASX,closed tonight.
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