RRS 0.00% 0.1¢ range resources limited

Guess who else was making bold share price predictions?I'm just...

  1. 761 Posts.
    Guess who else was making bold share price predictions?

    I'm just guessing but your prediction is based on production from one well?

    Talk about hypocrisy.

    Initially, PS, i thought you were out to create a little bit of mischief & out for a good laugh, as you continue to post though the more i sense desperation & a serious case of sour grapes. You're now beginning to sound like a LOSER!!!!

    -----------------------------------------------------
    Subject: a sixty (60) bagger
    Stock Code: RRS - RANGE RESOURCES LIMITED
    Posted: 02/05/06 18:02 Hotcopper Radio: RRS on BoardRoom Radio
    Posted By: perfectstage Views: 357
    Post #: 1038450 (Start of thread) Sentiment: Buy
    IP: 144.137.xxx.xxx Voluntary Disclosure: Stock Held

    400,000 barrels of oil per day = 2.8 million barrels of oil per week @ $15 margin (on Aus$100 per barrel) = $42 million per week.

    Calculate RRS's cash flow based on their take, let's say 15%. Cash flow per week for RRS = $6.3 million ..... for say 48 weeks per

    year = $302.4 million cash flow per year.

    At a P/E of 10 the market cap would be $3 BILLION ..... THAT'S A 60 BAGGER.
 
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