RRS 0.00% 0.1¢ range resources limited

psa approval...probably not jv, page-17

  1. 162 Posts.
    Agree, th and suspension seem unnecessary. An announcement should inform and clarify not confuse and bewilder. All-up a dissappointing day for the true beleivers.

    Amongst the detractors on this site (and there are some 100% wackos for sure) there are some posters who raise legitimate concerns re the company, the country, and the uprampers who make unrealistic and manipulative comments.

    Still, its an easy game/call:-

    If you trust the company officeholders and think the sp will rise in future then hold/buy more, if you think the company officeholders are out of their depth and/or shonks then sell at the best price you can get.

    Me, I'm holding and staying on for the ride.

    Range are a small company. Due to its close relationship with those in power in Puntland, Range has a chance of establishing a a company-making and nation-building operation.

    Realistically(and we investors need to be realistic), due to lack of income at this stage there will be heaps of further dilution/cap raising. Most here are confident the resources are there. Question/thing is:- are we closer to getting the rigs into Puntland or are we further away from that target?

    I believe the company is moving forward.

    Pity is, today the shareprice aint.
 
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