RRS 0.00% 0.1¢ range resources limited

based on aim 5.2cents close today, page-24

  1. 19 Posts.
    Emu, keep thinking of it as having all the chances of a lottery ticket, that way you won't be disappointed.

    Don't know if you're a student of history Emu, but chase up the terms of the Range/Africa Oil/(Former)President Adde agreement. Have a look at the percentages that Range and Africa Oil are proposing to take should anything ever go ahead.

    To find a similar agreement between a foreign company and a sovereign state on oil production you'd have to go back to the British Anglo-Iranian Oil Company and it' deal in Iran - the deal was struck before WW1 - it was of course outrageously slanted in the Brits favour.

    Guess what happened to Anglo-Iranian in Iran. They got nationalised!
 
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