RRS 0.00% 0.1¢ range resources limited

scarva imorg perfectstage takeover man aka perfect, page-9

  1. 3,341 Posts.
    re: punk True, I have no financial interest.

    Have you ever seen a stock like Range before.

    Sovereign risk
    Religious War
    Clan interference
    The questionable legalities of the agreement beteen Range and Puntland
    International recognition
    The impact of any agreement between Range and a JV
    The inevitable delays
    The construction of infrastructure
    The seismics
    Assays
    Price of oil and minerals
    Raising of finance
    Board members
    and on and on and on it goes ..... You could make a check list of 100 different issues. And the numbnuts wonder why the SP isn't responding to 'great announcements'. Typically, the bigger players are prepared to forgo gettin in at bargain basement prices and wait for the risk / reward to be in their favour. so far the SP is down on what it was one year ago ..... and those that held took all the risk for no return.

    .....

    and this is all before they drill!

    If Range somehow end up with 1% of all this they've done well.

 
watchlist Created with Sketch. Add RRS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.