Re oppies,Range have about 23 trading days to get the oppies...

Re oppies,

Range have about 23 trading days to get the oppies over the line thus keeping pl to his word that the oppies will be in the money.

They want the 69 mil and they want it around AIM.
Therefore .no oppie time extension/reissue permutation would apply.

The hyphen is alleged to have already put a prognostic underwriting deal on the table internationally for 50% of the options to be underwritten.

If this is in deed the case , it gives you an idea of where the sp is projected to be in 23 trading days time.

I suggest 120c to 150c if orchestrated as well as the th/susp,would get those who got them for free ,to say about 20c to consider the viability of exercising.(there are also a number that will be contractually exercised)

After all the sp hit the 20% tech down/day(on a non down day overall) when it hit 63c for 1000 shares which would have triggered and asx please explain on an ordinary trading day.(orchestrated?)

They know what they are doing, it just depends on how much they are prepared to report to we share holders.

By collecting as much of the 69million (minus a few mill underwriting fee), allows share registry dilution and therefore full entitlement issue to consort without fear of triggering takeover audit time wasting,or takeover.

This puts AIM listing imo at week 2 of Oct with the notification week 2 of September.

Just enough time for the oppies to get back in the money, and just enough time to issue consort their shares after oppie x/u dilution thus guaranteeing the 19.5% rule and no takeover audit paperwork for AIM

Remember range has struck the 100% deal with consort in principal. It has contractually secured 100% rights to contracts of works related to off shore and on shore oil , gas , coal, and minerals, but without share dilution (care of the oppies), it can not 100% be sure that consort wont make a bid to takeover, even though they have stated that they would not.
Consort is Somalian money and other players associated with the status quo in the region.

I am sure range and African Oil can only trust them to the letter of the contract.

After saying all that .........Tomorrows news will be not bad news and could include clarification of mou/aim time line and aoi's drilling schedule,but unless it mentions and lists the cpr....how can the intend to list.

hope it is earlier but on the rum wheel of fortune where we all picked a date for the next jv , I picked the date that coincided with when I thought Aim would be intended.........sep 12 ....imo..... dyor

Any debating re my theory will be happily engaged .