RRS range resources limited

trading halt, page-6

  1. 478 Posts.
    BTW we are the operator in Georgia.

    On iii someone mentioned today (prior to the trading halt) his broker had told him there was going to be a 20 million pound placement. Now I don't take notice of odd comments like that on a bulletin board unless there's evidence for it, but now we've got this announcement stating a placing it seems a bit too much of a coincidence. According to someone else there was a comment in the Times (newspaper) that we were raising 20 million as well, though I've not been able to verify that one (you need to pay to read the paper online).

    But I wouldn't be surprised in the least if it was 20 million pounds raised. Combined with our other drawdown money we'd have enough for Trinidad.
 
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