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cooperguy · 07-02-2011, 23:38

I think ill be taking a close look at this share over the next few days (I need somewhere to put my Xcite Energy profits

)

They have a good few different interests now so my fear of Somali pirates ruining the company can be somewhat eased!

poodles · 08-02-2011, 01:07

Georgia Helium Results details...
http://www.asx.com.au/asxpdf/2011020...90m7g72tkg.pdf

cooperguy, take a look at the thread I started on Red Emperor Resources last week or so on this forum - RMP are a high leveraged bet to Range's success. More risk but more upside to a success.

Thargor · 08-02-2011, 01:54

Do you think we'll see this retracing to 9p or even 8p in the long wait until April Noodles? I think we might, thats 6 weeks, shorter waits than that have done more damage in recent times. Im sticking a few more grand in if it does anyway.

poodles · 08-02-2011, 08:51

Quote:

Originally Posted by Thargor

Do you think we'll see this retracing to 9p or even 8p in the long wait until April Noodles? I think we might, thats 6 weeks, shorter waits than that have done more damage in recent times. Im sticking a few more grand in if it does anyway.

Hard to know Thargor. I was hovering over the sell at 11p in order to buy back a bit cheaper for free shares but any time I've tried this in the past its bitten me so i resisted.
I would like to think that 10p is the new floor level seeing as Texas should underpin in there.

Shauny2010 · 08-02-2011, 09:06

I think we've seen the last of the single digit quotes for this stock

cooperguy · 08-02-2011, 21:52

Thanks poodles, ill take a look at that.

How are they funding the expansions and drilling? Texas has been described as self sustaining but can it provide enough cash flow for all the other on going operations? Or will there be alot of share dilution to try fund the company into the future?

poodles · 08-02-2011, 22:27

Quote:

Originally Posted by cooperguy

Thanks poodles, ill take a look at that.

How are they funding the expansions and drilling? Texas has been described as self sustaining but can it provide enough cash flow for all the other on going operations? Or will there be alot of share dilution to try fund the company into the future?

Range will need funds to fund further exploration wells or appraisal wells if Georgia / Puntland are successful however if you check back over the recent news you'll find an announcement that states they have agreed a debt facility that will allow them to draw down funds from 'Dutchess Opportunity Cayman
Fund'.
This facility will allow Range to minimise any future shareholding dilution when the time comes.

bestie · 09-02-2011, 13:11

This stock is really taking off

up nearly 15 % today after 11 % yesterday

neil.p.b · 09-02-2011, 17:41

Been watching closely and missed the boat a bit, but seriously considering getting in tomorrow. Could at least double from here in 2011

poodles · 09-02-2011, 17:44

Quote:

Originally Posted by neil.p.b

Been watching closely and missed the boat a bit, but seriously considering getting in tomorrow. Could at least double from here in 2011

My target is 60p + for end of year.

neil.p.b · 09-02-2011, 17:56

Quote:

Originally Posted by poodles

My target is 60p + for end of year.

I wouldn't be surprised. But i like to very conservative on 1 year predictions! Hoping for 20p+ by the end of the month (again very conservative, we could see it this week.) Interesting to see the RNS tonight, could have it opening 14+ tomorrow. Kicking myself in the foot that i missed the last few days. But i've no doubt we'll look back and laugh at current prices in the (hopefully) near future.

Thargor · 09-02-2011, 21:38

I cant get to an internet connection all day this week, its driving me mad, cant believe the daily rises for the last few days, wonder when the inevitable drop will come and how bad, I think we are done with single figures now though anyway, fingers crossed.

cooperguy · 10-02-2011, 00:43

I decided to take the plunge with RRL.L but im in the very frustrationg position of having my money floating in space somewhere between two accounts so I cant buy anything until it arrives in my account, all the time im watching the price increase!

AP_MAN · 10-02-2011, 09:37

already up nearly 10% today

Quote:

Originally Posted by bestie

This stock is really taking off

up nearly 15 % today after 11 % yesterday

bestie · 10-02-2011, 09:41

Quote:

Originally Posted by AP_MAN

already up nearly 10% today

I see that, jeez I should buy some

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07-02-2011, 23:38	#31
cooperguy Registered User Join Date: Feb 2005 Location: Look Behind You Posts: 2,165 Adverts \| Friends	I think ill be taking a close look at this share over the next few days (I need somewhere to put my Xcite Energy profits ) They have a good few different interests now so my fear of Somali pirates ruining the company can be somewhat eased!

08-02-2011, 01:07	#32
poodles Registered User Join Date: Jan 2010 Posts: 387 Adverts \| Friends	Georgia Helium Results details... http://www.asx.com.au/asxpdf/2011020...90m7g72tkg.pdf cooperguy, take a look at the thread I started on Red Emperor Resources last week or so on this forum - RMP are a high leveraged bet to Range's success. More risk but more upside to a success.

08-02-2011, 01:54	#33
Thargor Registered User Join Date: Dec 2008 Posts: 3,038 Adverts \| Friends	Do you think we'll see this retracing to 9p or even 8p in the long wait until April Noodles? I think we might, thats 6 weeks, shorter waits than that have done more damage in recent times. Im sticking a few more grand in if it does anyway.

08-02-2011, 09:06	#35
Shauny2010 Registered User Join Date: Jun 2010 Posts: 295 Adverts \| Friends	I think we've seen the last of the single digit quotes for this stock

08-02-2011, 21:52	#36
cooperguy Registered User Join Date: Feb 2005 Location: Look Behind You Posts: 2,165 Adverts \| Friends	Thanks poodles, ill take a look at that. How are they funding the expansions and drilling? Texas has been described as self sustaining but can it provide enough cash flow for all the other on going operations? Or will there be alot of share dilution to try fund the company into the future?

09-02-2011, 13:11	#38
bestie Registered User Join Date: Jan 2010 Posts: 98 Adverts \| Friends	This stock is really taking off up nearly 15 % today after 11 % yesterday

09-02-2011, 17:41	#39
neil.p.b Registered User Join Date: Nov 2006 Posts: 691 Adverts \| Friends	Been watching closely and missed the boat a bit, but seriously considering getting in tomorrow. Could at least double from here in 2011

09-02-2011, 21:38	#42
Thargor Registered User Join Date: Dec 2008 Posts: 3,038 Adverts \| Friends	I cant get to an internet connection all day this week, its driving me mad, cant believe the daily rises for the last few days, wonder when the inevitable drop will come and how bad, I think we are done with single figures now though anyway, fingers crossed.

10-02-2011, 00:43	#43
cooperguy Registered User Join Date: Feb 2005 Location: Look Behind You Posts: 2,165 Adverts \| Friends	I decided to take the plunge with RRL.L but im in the very frustrationg position of having my money floating in space somewhere between two accounts so I cant buy anything until it arrives in my account, all the time im watching the price increase!