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Bullboard - Stock Discussion Forum 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... see more

TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > Midland Basin: $ 540 Billion Mkt Cap (Reco: $ 3,233/share)
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Post by Hiddensecrets on Dec 27, 2020 4:14pm

Midland Basin: $ 540 Billion Mkt Cap (Reco: $ 3,233/share)

In the Wood Mackenzie report, the Midland Basin in Texas is being used as a comparative, as it has similar features to Kavango basin.....the Midland Basin has a value of $ 540 billion.

If we were to apply this $ 540 billion value to Reco.v, it amounts to a $ 3,233 stock price. 

And here you can pick all the shares you want at $ 2.25 per share. 

Incredible possible returns, ONCE IN A LIFE TIME. 

MPO
Comment by teheran10 on Dec 27, 2020 6:48pm
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