Still suspended, the quarterly update from Range is still important to ensure that operationally all is still going according to plan. Production was 531 b/d with revenue of $2.3m and the company has cash resources of $17.5m. With the RTO still underway holders will be pleased to know that the documentation should be out in this quarter and after that the suspension should be lifted. With so much going on it will be good to hear from the company about the operations and how the corporate activities will change the shape of Range which is looking most interesting.
RRS Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
