RRS 0.00% 0.1¢ range resources limited

range company profile, page-4

  1. 471 Posts.
    SC...i took your challenge and after many hours gathering info... here goes

    range resources: rrs.ax rrso.ax
    market cap: 14mill plus or minus a afew
    current SP: 62.5c (i think)

    operational background:
    uranium in peru. so reason SP has been depreciating is due to the price of U which reached a high of $US125 or so, now only $US90

    not sure about management team. but not important since fundamentally when U picks up again, we'll see a rise in SP.

    inferred U worth at least $30mill so the SP will at least double in the near future, based on current market cap. again depends on the price of U.

    other resources include timber plantation in meekatharra. should be great for tax purposes, despite new regulations. i think this should pick up in 2009. annual rainfall unchanged in last 20yrs despite other regions experiencing drought. location location location.

    i hope this helps. i understand you're a newbie. so one word of warning. dyor, because this is just what i came up with. so its imho only. don;t buy based on this tho...


 
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