we must be close: surely, page-17

Guess who else was making bold share price predictions?

I'm just guessing but your prediction is based on production from one well?

Talk about hypocrisy.

Initially, PS, i thought you were out to create a little bit of mischief & out for a good laugh, as you continue to post though the more i sense desperation & a serious case of sour grapes. You're now beginning to sound like a LOSER!!!!

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Subject: a sixty (60) bagger
Stock Code: RRS - RANGE RESOURCES LIMITED
Posted: 02/05/06 18:02 Hotcopper Radio: RRS on BoardRoom Radio
Posted By: perfectstage Views: 357
Post #: 1038450 (Start of thread) Sentiment: Buy
IP: 144.137.xxx.xxx Voluntary Disclosure: Stock Held

400,000 barrels of oil per day = 2.8 million barrels of oil per week @ $15 margin (on Aus$100 per barrel) = $42 million per week.

Calculate RRS's cash flow based on their take, let's say 15%. Cash flow per week for RRS = $6.3 million ..... for say 48 weeks per

year = $302.4 million cash flow per year.

At a P/E of 10 the market cap would be $3 BILLION ..... THAT'S A 60 BAGGER.