.

Well done Harry.

Patience is the name of the game.

From my trusty snitch..........


"Moving along though, the big push today is because of the yanks wanting to get into Range.
> They are using BNY to access stock on the AIM and will do so once the US markets open and raid whatever they can on that market, then they will turn to the ASX tomorrow and it will repeat until supply has fed the demand. Then a nice RNS will cause another round........."


BNY= Bny Mellon Asset management Bank of new york

Nice round 1 pence up, 8.33%, good news goldfinger.

http://www.garoweonline.com/artman2/publish/Somalia_27/Somalia_Puntland_President_receives_a_warm_welcome_in_London.shtml

Hope you had a great hols gibby

Settlement as of 21/02/2012, at 5:45 p.m.
Top performance from Range Resources Limited Npv (Di) as it closes +8.33% up. The security opened at the same level as the previous day's close, and then gained steadily throughout trading. Comparing the share price trend with the FTSE AIM 100 Ix index on a weekly basis, we see Range Resources Limited Npv (Di) maintaining relative strength over the index, as it exploits a greater performance than the index (weekly share performance of 11.63%, versus a 3.44% gain in the index).

BASICS
Resistance 2 16
Resistance 1 13.75
Closing price 13
Support 1 11.5
Support 2 10
Volatility (daily) 5.28
Value At Risk % 12.29
Performance (weekly) 11.63 %
FTSE AIM 100 Ix (weekly) 3.44 %
Performance (YTD) 35.59 %
Performance (yearly) -26.15 %

Range Resources Stock Mailer image

http://www.stockmailer.com/Services.php

Range up 5.71% on the ASX

Stockmailer is the equivalent to RHPS in the US.

Went out last night Im informed......
http://screencast.com/t/oDb1IoYNYbX

http://screencast.com/t/dXgE4EIlD

http://screencast.com/t/pYowOQNIDqpM


http://screencast.com/t/hXtZu8jrb

Well I missed this one. Page was blank
when I looked on monday.

Panmure Gordon
with a BUY rating.

hemscott premium

Range Resources Ltd

FORECASTS 2012 2013
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Panmure Gordon
21-02-12 BUY -1.32 -0.06 7.03 0.34
Edison Investment Research
06-01-12 None 0.98 0.06 10.01 0.13

2012 2013
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus -0.23 -0.00 8.44 0.24
1 Month Change -0.04 -0.00 -0.04 0.00
3 Month Change -4.54 -0.14 -0.08 0.01


GROWTH
2011 (A) 2012 (E) 2013 (E)

Norm. EPS % % %
DPS % % %

INVESTMENT RATIOS
2011 (A) 2012 (E) 2013 (E)

EBITDA £-5.25m £-1.03m £7.41m
EBIT £-5.38m £m £m
Dividend Yield % % %
Dividend Cover x x x
PER -31.78x -13,000.00x 54.39x
PEG f f f
Net Asset Value PS 3.70p p p

Have we launched in the US as there was a ? this morning.

There is talk we will be on sale on OCSQX in six weeks ?

On the range home page RGRLF - $0.190 up 26.67% Looks like we are trading in the
US.

PUNTLAND UPDATE

In short, Puntland results in early 2nd quarter.

Georgia delayed due to poor weather in Europe.

Texas, 2 new wells drilled which are expected to move significant reserves into the proved category, paving the way for future development.

Drawdown of £3m of its extended £30m equity line facility with First Columbus LLP.


Full announcement:-
Range Resources Limited ("Range" or "the Company") would like to announce an update on the drilling of the Shabeel-1 exploration well in the Dharoor Valley Block in onshore Puntland.

The Shabeel-1 exploration well spudded on January 17, 2012 and is currently at a depth of 1,230 meters. Casing has been set in the well to a depth of 1,139m and drilling of the 12 1⁄4 inch section continues as planned. Drilling of the Shabeel-1 well is expected to be completed before the end of March and testing equipment is currently being mobilized to the site. Assuming successful drilling results, it is anticipated that testing results will be available early in the second quarter of 2012. Upon completion of drilling the Shabeel-1 well, the rig will move to the Shabeel North-1 well, where 30 inch conductor pipe is in place and a 50 meter pilot hole has already been drilled.

These two wells represent the first exploration wells to be drilled in the country in over 20 years and will satisfy the first exploration period drilling commitments as required under the Production Sharing Contracts for both the Dharoor and Nugaal Blocks. In order to provide sufficient time to evaluate drilling results, the Puntland Government has granted an extension of the first exploration period expiry date 17 October 2012.

The Puntland Government and Dharoor Valley communities are fully supportive of the drilling project and have ensured the Company that they will do all necessary to allow the project to move forward safely and expeditiously.

GEORGIA UPDATE

Range would also like to announce that, due to the severe weather conditions that have been experienced across Europe and Eastern Europe, the Joint Venture has taken the decision to delay mobilisation of the drilling rig and ancillary equipment to the Namakhvani well in Georgia to allow for more robust site construction.

The poor weather experienced since site preparations first began has impeded adequate ground and road preparations to permit the safe movement of heavy equipment to the site. It was therefore decided to delay mobilisation until conditions at the site are satisfactory. Whilst mobilisation has been delayed, site preparation has continued, albeit, constrained in part by the weather conditions. The Company anticipates that spudding will now take place in early / mid April 2012.

The Company would also like to announce that preparations have begun on the 2D seismic program on Block V1b with the engagement of the Geological Institute of Israel (“GII”), who performed the initial 410 km 2D seismic program in 2009. A 265 km 2D seismic program will be undertaken on Block VIb that will endeavour to provide northern closure on the initial structures previously identified, as well as looking at identifying possible unconventional targets. The program will also include a seismic cross section over the recently drilled Mukhiani Well to assist with the potential side track option as identified through the earlier Vertical Seismic Profiling.

Recently appointed NTD Energy will be taking an active role in supervising seismic program all the way from acquisition to processing interpretation.

TEXAS UPDATE

Range would also like to announce that it has drilled two additional appraisal wells on North Chapman Ranch, the Smith #2 and the Albrecht wells. Both wells have been successful drilled and logged with the Smith #2 having been completed and fracture stimulated with testing imminent. The Albrecht well has been logged with early indications suggesting a 100+ ft gross pay zone, with casing now being prepared to be run prior to fracture stimulation and completion. Together, these two wells are expected to move significant reserves into the proved category, paving the way for future development.


The Company would also like to announce the drawdown of £3m of its extended £30m equity line facility with First Columbus LLP.

Up 5.5% on asx after update.

http://au.advfn.com/asx/SharePrice.asp?shareprice=RRS

RRL on the ASX - no movement

Not that it means much, but I have RRL up 5.6% in Auz.

On the Range home page no movement, not important.

Operations Update.


PUNTLAND UPDATE

Range Resources Limited ("Range" or "the Company") would like to announce an
update on the drilling of the Shabeel-1 exploration well in the Dharoor Valley
Block in onshore Puntland.

The Shabeel-1 exploration well spudded on January 17, 2012 and is currently at
a depth of 1,230 meters. Casing has been set in the well to a depth of 1,139m
and drilling of the 12 ¼ inch section continues as planned. Drilling of the
Shabeel-1 well is expected to be completed before the end of March and testing
equipment is currently being mobilized to the site. Assuming successful
drilling results, it is anticipated that testing results will be available
early in the second quarter of 2012. Upon completion of drilling the Shabeel-1
well, the rig will move to the Shabeel North-1 well, where 30 inch conductor
pipe is in place and a 50 meter pilot hole has already been drilled.

These two wells represent the first exploration wells to be drilled in the
country in over 20 years and will satisfy the first exploration period drilling
commitments as required under the Production Sharing Contracts for both the
Dharoor and Nugaal Blocks. In order to provide sufficient time to evaluate
drilling results, the Puntland Government has granted an extension of the first
exploration period expiry date 17 October 2012.

The Puntland Government and Dharoor Valley communities are fully supportive of
the drilling project and have ensured the Company that they will do all
necessary to allow the project to move forward safely and expeditiously.

GEORGIA UPDATE

Range would also like to announce that, due to the severe weather conditions
that have been experienced across Europe and Eastern Europe, the Joint Venture
has taken the decision to delay mobilisation of the drilling rig and ancillary
equipment to the Namakhvani well in Georgia to allow for more robust site
construction.

The poor weather experienced since site preparations first began has impeded
adequate ground and road preparations to permit the safe movement of heavy
equipment to the site. It was therefore decided to delay mobilisation until
conditions at the site are satisfactory. Whilst mobilisation has been delayed,
site preparation has continued, albeit, constrained in part by the weather
conditions. The Company anticipates that spudding will now take place in early
/ mid April 2012.

The Company would also like to announce that preparations have begun on the 2D
seismic program on Block V1b with the engagement of the Geological Institute of
Israel ("GII"), who performed the initial 410 km 2D seismic program in 2009. A
265 km 2D seismic program will be undertaken on Block VIb that will endeavour
to provide northern closure on the initial structures previously identified, as
well as looking at identifying possible unconventional targets. The program
will also include a seismic cross section over the recently drilled Mukhiani
Well to assist with the potential side track option as identified through the
earlier Vertical Seismic Profiling.

Recently appointed NTD Energy will be taking an active role in supervising the
seismic program all the way from acquisition to processing and interpretation.

TEXAS UPDATE

Range would also like to announce that it has drilled two additional appraisal
wells on North Chapman Ranch, the Smith #2 and the Albrecht wells. Both wells
have been successful drilled and logged with the Smith #2 having been completed
and fracture stimulated with testing imminent. The Albrecht well has been
logged with early indications suggesting a 100+ ft gross pay zone, with casing
now being prepared to be run prior to fracture stimulation and completion.
Together, these two wells are expected to move significant reserves into the
proved category, paving the way for future development.

Issue of Shares

Range Resources Ltd (the "Company") is pleased to announce the issue of the
following securities:

* 27,272,727 Ordinary Fully Paid Shares to be issued upon drawdown of £3m on
the Company's equity line of credit facility with First Columbus LLC

* 1,998,889 Ordinary Fully Paid Shares to be issued in lieu of corporate
advisory, consultancy and facilitation fees

Application will be made for the 29,271,616 new shares to be admitted to
trading on the ASX and AIM. Trading in the new shares is expected to commence
on or around 28 February 2012.

Following the issue of these securities the total number of securities on issue
are as follows:

2,121,766,648 Ordinary Fully Paid Shares (RRS)

855,166 Unlisted Options (£0.04, 30 June 2015)

7,058,824 Unlisted Options (£0.17p, 30 April 2016)

3,177,029 Unlisted Options (A$0.50, 30 June 2012)

20,890,958 Unlisted Options (A$0.1898, 30 September 2016)

15,000,000 Unlisted Options (£0.075p, 15 January 2017)

17,921,146 Class A Performance Shares

17,921,146 Class B Performance Shares