John Maynard Keynes once said 'successful investing is anticipating the anticipations of others'. Of course, getting ahead of the game is never going to be easy; it usually requires investors to take counter-intuitive positions and maintain their conviction at exactly the time when the world around is bemoaning the trials and tribulations of the stock in question.

For bold investors, longer periods of tribulation can also represent the most fertile ground; marking a low point from where a substantial rise can come. Market cap and value are rarely one and the same, especially in the short term, and for value investors such valuation gaps can present an opportunity.

Right now we feel such an opportunity exists with Range Resources plc (LON:RRL ASX:RRS) and in this rather timely podcast interview, Pete Landau Managing Director, talks to MiningMaven about all the elements of the business and the value generated to date.

We hope you enjoy listening.

“Patience and Faithfulness” (in the words of Vincent Van Gogh!)

Building a successful company in the small cap oil and gas sector is never going to be easy, and any success will always be hard earned.

In an inherently “high stakes” business, much of that success will come from management’s ability to manage and mitigate risk, whilst leveraging opportunity as it presents itself.

It’s called “riding your luck, whilst covering your rear!”

In January 2010 we wrote our initial Value Proposition for Range Resources (LON:RRL ASX:RRS). Our focus at that time was on the transformational news that drilling at the North Chapman Ranch oil & gas prospect in Texas had led to a commercial oil and gas find.

Last week Range Resources (ASX: RRS) (AIM:RRL) released its highly anticipated update from Texas advising that an Independent Reserves Report from Lonquist & Co LLC confirmed a "Significant Find" at North Chapman Ranch Field. This was then followed up with the news of spudding of the Russell Bevly #1.

Miningmaven.com is pleased to have been able to facilitate this Q&A session with Range Resources plc. The event was facilitated via a Facebook group event which enabled investors to ask important questions and receive answers directly from the Company's senior management.