texas reserves up 67%, page-2

probably.

The AUD/GBP is making it harder for us. The old high of around 7p was 12.5c and is now only 10.5-11c.

On the other hand it means we will be less of a drag on the AIM share price as they need to get it higher in pence to hit our sellers.

The big plus about the currency affect is that the remaining A$17.5m to be excercised in the RRSO options is now worth GBP 11.5 up from only GBP 10m a couple of months ago. As Range is paying most of its bills in non AUD the money that is likely to be raised from these comfortably in the options stretches even further.