We that are invested in RRS/RRL do so because we feel there is tremendous upside potential. When Georgia spuds, it is reckoned the sp may rise to 30pUK - 42cA. Broker evaluations will constantly be updated, what is seen a speculative punt now could well be a scramble to buy in over the next 12 months! 4p for Georgia, 25p for Puntland, 16p for Texas, 5p for Trinidad...another 10p for any gas found (and there is estimated commercially viable gas, plus I'll sling in another couple of pennies for good measure. Range could well top 50p this year subject to discoveries OIP/GIP...but definately should top 30p soon purely on sentiment and investor speculation, plus future private institutional investments...so Gavtech get off my back,sunshine, you're getting on my blue-tits
oilbarrel: http://www.oilbarrel.com/nc/news/display_news/article/range-resources-moves-to-acquire-100-per-cent-interests-in-producing-onshore-trinidad-oilfields.html
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