Range has announced that the dispute with Lind AM is over which is very good news as this has been one of the major overhanging problems investors worried about. The company has paid $325/- and Lind keeps the 38 million shares and this mutually acceptable agreement seems to be satisfactory for both parties.As I have said here recently, Range is developing a strong position, it is sorting out the waterflood developments, has an interesting drilling programme with new kit and is well funded, I look forward at some stage to seeing the assets on the ground.
RRS Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held