Renaissance Oil Corp. RNSFF

share structure

[crude]

of both companies - we should be closer to 1/3 of RECO - got some catching up to do !!!!!!!!!!!

[Letsmake1]

How do you figure you should be 1/3 of RECO when Steinke only shares in the Botswana section of RECO?

[Ebenizer3]

I think u mean renaissance only shares in Botswana. Steinke founded reco and has something like 5mil shares in reco. He is also the CEO of renaissance has 8 or 10 mil shares of roe. Will let crude answer the explain why he thinks roe sp should be 33% of reco. Steinke is the one who started it all when he bought the magnetic imaging of the kavango basin. Good night and good luck

[crude]

I could be called out on this , but my undersanding of the LOI was for all African interests. That said ,with ROE having about 3 times the share count  ofRECO  should put us at aboout 1/3  of the value ,negating Mexico interests - i will go beck and check my napkin notes - or just read the releases again best'o luck

[investor55x]

No that's (fortunately) not true. Please read the news release and look at the updated ROE company presentation.

[crude]

The Option Agreement will provide Renaissance with the option to acquire a 50% working interest in the Licence, exercisable at any time for up to a period of 36 months upon: (i) payment of C$1 M, if exercised within 18 months, or C$1.5 M if exercised after 18 months; and (ii) the approval of the Botswana Department of Mines and Ministry of Mineral Resources, Green Technology and

[investor55x]

https://money.tmx.com/en/quote/ROE/news/5443018167546651/Renaissance_Announces_Binding_Agreement_to_Acquire_Option_for_50_Interest_in_245_Million_Acres_in_Botswana_Participating_in_the_Opening_of_the_Kavango_Sedimentary_Basin ROE corporate presentation It's a binding agreement to acquire option for 50% interest in the Botswana-properties. NOT the Namibian properties, because 90% of the

[Ebenizer3]

really you think it's good to be focused on mexico? how long are you willing to wait for any kind of operations in mexico? roe can't even drill a simple conventional well in Chiapas. What's there 4 yrs left to deal with amlo. the only hope is for the next dicktator is more realistic and reasonable. why wouldn't pemex and amlo at least let roe finish the profecta #1? and maybe roe

[crude]

International Tribunel - may be the only way will recoup from communist govt  - unless the cartels take over Mexico

[crude]

There will be no new exploration and production contracts on the table for private or foreign companies in Mexico under a government plan set to be made public soon. “We don’t expect that there will be anything new in exploration and extraction in this infrastructure plan,” the head of Mexico’s oil industry association AMEXHI told Reuters in an interview. The infrastructure plan is

[crude]

imo - the president of Mexico will be removed from office before the end of his term - a lot of very unhappy people in Mexico

[sdjinvest]

We can only hope that happens

[crude]

there is a third party in Mexico who are trying to get ELMO ousted !!!  They are making great progress .  This would put us right bach on track ,with Mexico moving ahead and the RECO deal we should be well into the $2.50 range, before year end !!!!!

[crude]

RECO breaks $1.00 we should be close behind !!!!!!!!!!!!!!!!!!!!

[crude]

guess we play the once removed step cousin - ok if it takes a while as long as it happens!!!!!!!!!!!