GREY:RNSFF - Post by User
Comment by
harlanshawk61on Dec 23, 2020 4:36pm
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Post# 32171902
RE:Market Cap. ROE is $32m and RECO $240m, put two and two
RE:Market Cap. ROE is $32m and RECO $240m, put two and tworecaf shareholder correcting post. ROE pd $100k down to recaf on OPTION to purchase 50% of Botswana 2.3 mill acres lease with $1 mill payment due by 12 months or $1.5 mill pay due by 18 months to recaf, if not pd no ownership.
ROE is cash poor (owes $12 mill in royalties per 9.30 fin st) and probably not an ongoing business if recaf doesnt hit in Namibia.