research report: texas alone worth 11.5pence

this is 20.1c !

"We have factored in a valuation of 0.4p per share for Ranges interest in Cotton Valley which offsets the
recent increase in Range share capital. With no value attributed as yet for Georgia, Trinidad and a
potential North Chapman reserves upgrade, we believe that our 11.5p per share valuation for Range
looks very attractive. Additionally, we expect the share price to rally on news of mobilisation in Puntland."

Read this:
http://rangeresources.com.au/fileadmin/user_upload/research_Reports/RRL_02-08-10.pdf

Happy trading, thumbs up.