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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the opening of Kavango Sedimentary Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. It holds 90% interest in a petroleum exploration license in northeast Namibia and a 100% interest in petroleum exploration rights in northwest Botswana over the entire Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (6.3 million acres) and 8,990 km2 (2.2 million acres) in Botswana. The two licenses together comprise 34,325 sq km (8.5 million acres). Its conventional drilling program is focused on analyzing the rocks to determine if there is a working petroleum system in the Kavango Basin.


TSXV:RECO - Post by User

Post by CammerRecon Jul 10, 2021 9:38pm
592 Views
Post# 33527244

To $76 in five years? Not so fast!

To $76 in five years? Not so fast!As a stockholder I believe that RECAF will soon go up niclely but don't believe it will will sky rocket like some of the wild unsubstantiated projections rampant on the internet; especially this one from walletinvestor:

Questions & Answers about Reconnaissance Energy Africa Projection

What is the Reconnaissance Energy Africa stock price / share price today?

The Reconnaissance Energy Africa stock price is 9.587 USD today.

Will Reconnaissance Energy Africa stock price grow / rise / go up?

Yes. The RECAF stock price can go up from 9.587 USD to 23.172 USD in one year.

Is it profitable to invest in Reconnaissance Energy Africa stock?

Yes. The long-term earning potential is +141.70% in one year.

Will RECAF stock price fall / drop? 

No. See above.

What will Reconnaissance Energy Africa stock price be worth in five years (2026)? 

The RECAF ("RECAF" ) future stock price will be 76.788 USD .

Will RECAF stock price crash?

According to our analysis, this will not happen.

Will Reconnaissance Energy Africa stock price hit 10 USD price in a year? 

Yes, within a year. See above.

Will Reconnaissance Energy Africa stock price hit 20 USD price in a year? 

Yes, within a year. See above.

Will Reconnaissance Energy Africa stock price hit 50 USD price in a year? 

Not within a year. See above.


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