RRS range resources limited

2.7p = 5.2c, page-7

  1. 11,546 Posts.
    Is it not upto RRS to dictate to the puntland goverment what it shall do with its natural resources.

    RRS signed a COW and committed to two holes by JAN 2010.

    Its pretty clean and simple.

    Musse had his shot and since we have been waiting since JAN2009 and stated publically in FEB2009 that Faroole and the government to approve the deal.

    We are still waiting.

    Also using history and the managment team performance to date, they are much more ept at buying something for millions which there mates paid nothing for and promising the world, then delivering?

    we wait to see if anything changes.

    I am with Hadja, this is a great time to sell, $25million market cap for a company with no track record is a bit pricy.
 
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