RRS 0.00% 0.1¢ range resources limited

rrs action upon rmp aim listing, page-3

  1. 344 Posts.
    Who said a slew of RRS holders will be selling to buy RMP?

    They should, but as you said if they haven't done it till now they probably won't later.

    RMP's share price will rise because it's badly undervalued relative to Range.

    Just read the two reports OPL put out recently.

    Target price for Range? .28p or something close
    Target price fo RMP? 1.78 or something close

    For Range that's less than 70%
    For RMP that's around 450%

    So OPL is calling for a seven times treater appreciation for RMP over Range. That's all I and many have been saying for months. (before the OPL reports) Simple math based on their current number of shares and their respective ownership of Georgia and Puntland. Many posts outlining those calculations have been posted on the RRL board.

    Not our numbers but the company that represents Range and RMP.

    I expect RMP to double before Range reaches 24p again.
 
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