same story as today - Puntland,Puntland,Puntalnd but there was...

same story as today - Puntland,Puntland,Puntalnd but there was no Georgia and Texas. But there were only 200m shares on issue so 200m x 80c is 160m market cap. Now we have 1b shares on issue and SP is 8c so 80m market cap + options worth about 35m market cap delivering 20m cash to Range. Fully diluted market cap today around 110-120m.

The 80c back then is worth about 10c in todays share price.

There has been so much progress and we are still travelling under the old market cap days but back then this SP was heavily manipulated and they were heady days in global capital markets - we had Tudor Capital as a seed shareholder as he had a few drinks with his old mate Sam Jonah at the ranch in Africa - they threw $5m into it from memory at 50c.

Fun days - I lost HEAPS back then!