RRS range resources limited

relative valuation vs rmp, page-8

  1. 344 Posts.
    1. It's 3 bagger vs 20 bagger.

    2. If RMP raises $50 million and doubles the number of shares their market cap at 33c per share will be $100 million vs RRSs $500 million. After such a raising RMP will have plenty of money for many additional wells or other projects and still have a 3 to 1 adavantage over RRS in Georgia and a 5 to 1 advantage in Puntland.

    No question which is the better deal. I'd rather put a quarter of the money in RMP than the whole bundle into RRS and get the same upside $ return and have lower potential losses if all goes to hell.
 
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