New management is not giving away much atm, but Rory is due to release his review soon. Buchanan is saying this month, perhaps next week.
What I will expect from him are the following items, (not necessarily all in one announcement though, but soon after):
- His new plan forward,
- Landau and Eastman to resign (Okap influence no longer there)
- New financing structure, with new capital provider ( again alledgidly
Platinum Partners) coming on board.
- Clear up the situation with regards to OIP and the missing millions.
- Drilling results from the currently drilling rigs, as rumours are afloat, that
they are sitting on a high percentage increase, but will not announce this
until finance deal is in place and PP have loaded up as cheap as they can.
(hence the lowish share price atm)
And some time later:
- Sale of assets, such as Georgia, Texas.
I have now a buy on this stock, as Range is either going broke (which I don't think will happen), or will improve over the coming weeks, due to a more transparent and better planned structure.
AIMHO and that is my best guess for now.
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