Tom Winnifrith Bearcast: Naivete is not a sin and I really do take it all back about PR genius Steffi - what a nice woman
Published 406 days ago
On the surface it seems like good news once again - as has been the case since September 2015 - the KRG has agreed to hand over $15 million ( $12 million net) to Gulf Keystone (GKP) in fact today's RNS is a disaster.
Published 533 days ago
A slightly delayed October edition of UK Investor magazine is now live featuring 4 buy share tips, 3 sells (from TW), company profiles on Universe and Northcote, Amanda van Dyke on why now is the time to buy mining stocks or is Tesco a better recovery play? Darren Winters takes over the normal Rob Terry slot while George Osborne Chases the Dragon as our cover story. You can download your free copy below
Published 969 days ago
Back in April 2013 Range Resources (RRL), then run by Peter Landau agreed to buy International Petroleum Limited, a company stablished and run by convicted heroin dealer Frank Timis. IPT was technically insolvent but Landau was happy to hand over 40% of an enlarged Range share capital to get his hands on this POS and so also loaned International Petroleum $8 million. The cash was repayable of the deal fell through and Range got security over IPT’s Russian assets. The deal fell through. Range has today given us an update on getting the cash back which is truly laughable. It is sheer comedy genius.
Published 1437 days ago
Range Resources (RRL) shares will be unsuspended today as it has, as we predicted, announced a merger with an Australian company founded by convicted heroin dealer Frank Timmis and also a placing. Regrettably we got the wrong Timis company in our story, which got the shares suspended here – Range is merging with International Petroleum.