Good one piganimal,
Edison investment research stated on 14 mar 08 in a summary to their 12 page research paper;
Range Resources;
Ready to drill high impact exploration
acreage with billion barrel potential is hard
to come by in the junior oil and gas space.
The potential value of Range Resouces'
portfolio of exploration assets inherited
from super major oil companies sets it
apart from any other AIM-listed explorers.
Operations located in an autonimous region
of Somalia, come with inevitable political concerns,
HOWEVER;
A STABLE GOVERNMENT, A DRILLING PROGRAM
PLANNED FOR 2008, AND ATTRACTIVE FARM IN TERMS,
MEAN THAT THE POTENTIAL UPSIDES, MORE THAN COMPENSATE
FOR THE DOWNSIDE RISKS...
read all 12 pages for the stats...dyor.
AOI/rrs, and Punty govt, know what they are doing.
and they are doing it...
Look at the milestones to date..
Yes holders want everything yesterday...
But the milestones continue to be passed...
The Engines responsible for the load are still powerful..
Its the detours in the route that many holders don't always comprehend.
The load has just taken one of the bigest turns onto the my way or the highway, highway..
It's a toll road...
Now we find out who pays the toll.
Good one piganimal,Edison investment research stated on 14 mar...
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