Since Range has been struggling with money to cover all these drills, I found this to be interesting. (Same happened with NKP in 09)
During the period, Continental Coal Limited entered into a loan agreement with Range Resources Limited, a company which Peter Landau is a Director, in which $2,115,210 was advanced to Continental. The loan is interest bearing and repayable in Australian dollars on or before 30 June 2012."
RRS Price at posting:
18.0¢ Sentiment: None Disclosure: Not Held