Foxydavie is just a sideshow and not the real problem for range.
Real problem for range is that they have spent heaps getting the rights, a psa, a jv across the line but things can't go forward yet due to danger on the ground which aoi have apparently just discovered!
Not much cash left and no income, along with the indefinite delay....a bad combo.
When someone has been saying it's all good, it's all hunky dorey all the way from the dollar mark down to 15 cents, you just can't give the opinion a lot of weight.
It's grim days for rrs and the rose-coloured glasses brigade are either paid posters or good-hearted dreamers.
Would like nothing more than to see the sp rise and some people buying with confidence, but really what chance of that happening with the recent hold-up, the state of the books, negative publicity re shorters, and the track record of amazing spending on consultants?
RRS Price at posting:
0.0¢ Sentiment: Sell Disclosure: Held
