Ann: Trinidad Operations Update, page-21

You wonder why the market is "bashing" Range?  It's pretty obvious if you take one second to consider the numbers in my previous post.

Since September 2015 Range has spent over $117m (all paid to LandOcean, by the way) and they've barely achieved 650 bopd.

Range now has $3.9m in cash left, according to their own Annual Report. They can't achieve anything with such a pitiful amount of cash.

On top of that their market cap is now too low to conduct any placements of a useful size or to take any more convertible loans.

The company is sterile, like a neutered cat.