RRS 0.00% 0.1¢ range resources limited

DS,I am still in 100%, have not lightened the load as yet, will...

  1. 572 Posts.
    DS,

    I am still in 100%, have not lightened the load as yet, will probaly sell between 10-30% on Georgia Spud, and hold the rest through to results, however this could change depending on left field annoucements expected, and any hint of Puntland Spud. But at the least I will offload 10% of my holdings, as very close to leaving my employment.

    To be honest, IMO the only worrying influences regarding Range for me, over the next 3-4 months moving into Drilling both Georgia/Puntland is developments within the Middle East. Providing Saudi Arabia/Iran etc, do not boil over creating further tensions which threaten the world markets, I personally dont see any other scenario where Range dose not go quite a bit higher over the coming months, ending with Results based rises dependant on Georgia/Puntland drill results.

    Yesterdays blow off, had to happen I guess, after the rises of late, and world events. However you would have to be feeling more than a bit dissapointed if you were panicked out of your position yesterday considering todays strong rebound, and solid strength shown on the AIM last night.

    Cheers
    jamit01
 
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