RRS 0.00% 0.1¢ range resources limited

how many days left for the oppies

  1. 3,611 Posts.
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    do the oppies really have any hope at all?

    if the last trading day for them is around the 21st Sept that only leaves 18 listed days left! not much time to save the fortunes of the brave!

    certainly at these levels there will be no conversions or underwritings.

    a lot can happen in a short time but with Range it seems to be the opposite: not a lot happens in a long time.

    what will save the day for the oppies? i.e. what will get the SP well above the $1 level to ensure coversion payments?

    - TFG endorsement?
    - AIM listing : lodgement maybe but listing doubtful till Oct
    - seismic report from AOI : who knows when?
    - a drilling timetable?
    - comprehensive minerals report : due as indicated in last quarterly? lots of assays being tested, but always played down.
    - road shows/investor presentations? : heard promises of these for a long time now
    - possible JV/MOUs for offshore or minerals : doubtful?

    can any of these events really happen before expiry?

    lots of questions remain unaswered.......
 
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