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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. > Now ROE is out of debt
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Comment by AUborealison May 09, 2021 8:56pm
267 Views
Post# 33162786

RE:Now ROE is out of debt

RE:Now ROE is out of debt The RECO offer most likely anticipated the full conversion...and dilution...along with the ongoing liabilities of ROE in Mexico.

As things progress (years), and the Mexican assets are absorbed by RECO, I wouldn't be surprised to see a ROE V2.0 spun out some time down the road when the Mexican situation normalizes along more recognized industry standards.


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