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Renaissance Oil Corp. RNSFF

Energy
Renaissance Oil Corp is engaged in the acquisition, development, and production of oil and natural gas in Mexico. The group's properties include Mundo Nuevo, Topen, Malva, and Ponton.


GREY:RNSFF - Post by User

Renaissance Oil Corp. > Very good result
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Comment by biscuits11on Mar 20, 2018 12:03pm
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Post# 27746883

RE:RE:RE:Very good result

RE:RE:RE:Very good resultAlso long ROE. The prize is the Upper Jurassic - which as you said needs to move the needle. If it doesn’t I’m also getting out. 

Per another poster, and a review of the audited annual financials, the other big prize is the contract migration expected in Q2/Q3 (per the IR deck). Once the contract migrates, they have 30 to 60 days to acquire the full 62.5%. 

These two things must happen to unlock the value we longs believe exist. 
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