Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s): RECAF | V.RECO.WT | RCNWF

Reconnaissance Energy Africa Ltd. is a Canada-based oil and gas company. The Company is engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. The Company holds interest in a petroleum exploration license no. 0073 (PEL 73) in northeast Namibia and an interest in petroleum exploration rights in northwest Botswana over the Kavango Sedimentary Basin. The Company's exploration license covers an area of approximately 25,341.33 square kilometers (km2) (6.3 million acres) of oil and/or gas exploration properties comprising Blocks 1719, 1720, 1721, 1819, 1820 and 1821 situated in the Kavango Basin of northeast Namibia (the Namibia Licensed Property) and approximately 7,592 km2 (1.88 million acres) in Botswana (the Botswana Licensed Property). The two licenses together comprise over 32,933 km2 (8 million acres).

TSXV:RECO - Post by User

Reconnaissance Energy (Africa) Ltd > Target price on success: $ 24/share to $ 5,760/share

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Comment by Cancundudeon Jan 17, 2021 7:14pm

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Post# 32316445

RE:RE:RE:Target price on success: $ 24/share to $ 5,760/share

Chas15 are you smoking crack or are you suffering from a Covid fever? Nameofthegame was responding to someone else whom was suggesting those prices. Check the tread and you will see that you are not getting it straight. NOTG thanks for taking the time to post your breakdown on the numbers as you see it. Does seem a very conservative estimate and I am good with that.

CCD

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