asic identify trading anomalies. is rrs short, page-35

ds and steven,

i am not a broker so i dont know how to value shares like MEJ or CD or Archbald, i have no license to do such, i was merely doing some quick number to rationale why the SP is where it is, nothing more.

based on literature i have no doubt they have minerals potential in the billions, however we know it will take a minimum of 7-10 years to start producing after a drilling program commences? range has done not much to date for various reasons so i am not sure how you would assign a value to the market based on the current political climate at THIS CURRENT TIME.

lets hope they drill in july so we can stop talking theories and start doing some serious number crunching, but i will continue to monitor range because when they drill, market willing, this still has multibagger status.