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Renaissance Oil Corp. RNSFF

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

Comment by ferret_caon Dec 05, 2018 9:37pm
110 Views
Post# 29073213

RE:RE:ROE one of few to raise production

RE:RE:ROE one of few to raise productionall fine and dandy for roe to increase production, the fact remains that the amatitlan (the prize) has still not migrated to a production and exploration contract and there still remains the possibility that this contract never migrates, imho it will happen in the next 2-3 months or it won't happen so this is the the risk here, and I'm sure all current shareholders are fully aware of this, roe is fullfilling  or has fullfilled it's part of the deal on work needed to have it migrated plus pemex is on board for the migration.  I am still confident it will happen and give it about a 70% or so chance but am also prepared for the sheet to hit the fan, lol.

cheers ferret
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