As I predicted earlier today, RRS SP will pick up once the...

As I predicted earlier today, RRS SP will pick up once the Reserve report is digested by anybody with a little common sense. Hell, its SP is fully justified by the proven oil reserve in Texas alone!
This attributes zero for the gas in Texas, the P2 and P3 oil in Texas, Georgia, or our biggie - Puntland.

Anyway, 22 million traded so far in Oz - most of which would be stale bulls who just refuse to believe that Range could have been so successful.

As more and more stale bulls exit the share register I expect the SP will continue to tick up.

There is a lot of excitement on the UK bulletin boards (many of our UK friends have been up since midnight waiting for this) so I am expecting that after some initial profit - taking Range will have a great day in London. Which would mean a gap up in Oz tomorrow morning to catch up with a possibly much higher UK price.