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RRL

Range Resources – Piss Poor Merger and Placing announced

Range Resources (RRL) shares will be unsuspended today as it has announced a merger with an Australian company founded by convicted heroin dealer Frank Timmis and also a placing.

By | Published 2013-04-25 09:27:02 |

Sell Range Resources (RRL): Danger of 2.5p Destination

Although it may not look like it, as far as most of the AIM resources stocks are concerned my bias is always to the upside, and to give the benefit of the doubt wherever possible.

By | Published 2013-04-24 03:45:33 |

Range Resources – Piss Poor Merger and Placing announced – we were almost right! 

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.

By Tom Winnifrith | Published 2013-04-24 00:04:21 |

Range Resources shares suspended in Oz and on AIM – Shareprophets scoops!

A rather hurried RNS has just appeared from AIM and ASX Listed Range Resources (RRL) telling investors that the shares have been suspended. I guess I did after all ruin a few weekends with my scoop of yesterday.

By Tom Winnifrith | Published 2013-04-15 01:01:34 |

Exclusive: Breaking News Range Resources set to announce merger and placing

Correction. Whilst we were correct in breaking the news that Range was planning a placing at 4p and a merger with a NSX listed company established by Frank Timis, we identified the incorrect merger partner. "Full details of the merger can be found here

By Tom Winnifrith | Published 2013-04-14 11:32:53 |

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Recent Comments

Fagash5 Oct 2026

To do otherwise breaches the trust system of money. Only believing money received in the future has value, supports the idea of debt and credit. Without debt ( and return on that debt) , capitalism fails. Ability to print money on demand eliminates debt rational ( return) so collapses capitalism by default.

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DAVID FRASER5 Oct 2026

Others have attested that you only need to issue debt (government bonds) if you are running s as current account deficit. You issue the bonds to pay for your expenses EducationHealthBenefitsRoadsDefenceGovernment staff and buildings PoliceFireCoastguards I’m sure there are others. Quangos etc…If you just print money whilst running a deficit you risk a lack of confidence in the currency. MMT has been shown to be a lot of nonsense because the longer you keep spending what you don’t have the higher your deficit climbs. You either have to grow the economy to reduce the debt or reduce what you are spending. Zimbabwe and other third world countries have shown this. You can end up with hyper inflation which does nobody any good and further causes a sovereign monetary and debt crisis. Reduced public spending and/or increased taxes are the only alternatives….Or are they. The Laffer Curve suggests that the lowering of direct taxes fosters higher productivity and in turn increases tax revenues. Just don’t give all the tax cuts to the billionaires or you’ll end up with Trump’s America - and nobody wants that!In conclusion if it was that easy some other bugger would have done it already. Yes… we’re all screwed 😩

Win a bottle of champagne from Lucian Miers MMT contest

Fagash5 Oct 2026

I concur. Meanwhile I took one out - not to replace lending, but to simply place on deposit. Cost me a bit initially but then provided a return as interest rates increased. Paid off the balance prior to company closure. Marginal gain, but it was free money ( to the company, but not the taxpayer). Joke system in all respects imv.

Tom Winnifrith Bearcast: a challenge for Bexley YC’s 57 year old chairman, the Quantum scandal and Amaroq for the FTSE 250 this week?

TOM5 Oct 2026

text changed, i keep making that error both Quantums are zeros, its becoming a mental block

Tom Winnifrith Bearcast: a challenge for Bexley YC’s 57 year old chairman, the Quantum scandal and Amaroq for the FTSE 250 this week?

EASYASOT35 Oct 2026

The company with the property auction is Quantum Blockchain Technologies (QBT), not Quantum Data (QDT), and not QFT.

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Sohail5 Oct 2026

The Covid Cash had to be doled out very quickly because the government decided to shut down the economy .Government bureaucracy is incapable of dealing with process in normal times so in a crisis situation the prospects of Hmrc handling anything efficiently would be zero.Hmrc have consistently shown an inability to operate efficiently.Political parties in opposition always talk about the huge savings they will make once they are in office.It will never happen…

Tom Winnifrith Bearcast: a challenge for Bexley YC’s 57 year old chairman, the Quantum scandal and Amaroq for the FTSE 250 this week?