....and Malcy also thinks this is good news and provide positive comment about management.
To me management is delivering and it is merely a matter of time when this understandably unloved company, due to it's poor history, will be valued for what it has become.
Range Resources
Very good news from RRL this morning as they announce the final resolution of their historic situation in Colombia and they settle claims and disputes between ANH and the consortium of Optima Oil Corp and themselves. ANH confirms that there is no liability for payments or debts, all proposed penalties are lifted and the consortium waives any potential claims against ANH and terminates the three exploration licences. This is now subject to final court approval which is expected to take between 3 and 6 months. As I said, this is excellent news for Range as management successfully deal with another legacy issue from the grim and distant past.
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