RRS range resources limited

s-pat 8c rrs will have a market cap of 143 million. pretty good...

  1. 2,343 Posts.
    s-p

    at 8c rrs will have a market cap of 143 million. pretty good value when you compare with a handful of aussie spec plays such as

    pen 46 million
    mls 51 million
    ext 89 million
    gdn 97million (one well with a stuck pipe)
    smm 621 million (no license to mine even granted)

    with sovereign risk decreasing every week rrs should have a market cap closer to 200 million after jv is signed. throw in a off shore deal with oil search or such then add another 100 million to market cap. after aim listing rrs will be valued closer to the billion dollar mark


 
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