frankhalo ...... "BUT on the off chance billions of barrels of the black stuff sees the light of day holders will be rewarded."
So incorrect and hopeful, its laughable frankhalo.
There is NO WAY loyal shareholders, whether they're in profit or loss at this stage will make a motza out of a seriously good find.
Reason ...... and there is only ONE!
Range will get taken out one way or another, either by;
1) Takeover at a slight premium, not a multiple of the current SP! I doubt even Rupe would argue against that one.
2) My favourite and the most likely scenario; Range will be bled to death. But it's not all bad news! Those on the payroll will do quite handsomely because this WILL take a looooooong time. Why you've already caught a glimpse ............
RRS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held