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Renaissance Oil Corp. RNSFF

Energy
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

Renaissance Oil Corp. > Haywood Securities: Buy rating and $0.25 target for ROE
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Comment by sdjinveston Jan 19, 2021 12:00am
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Post# 32323937

RE:RE:Haywood Securities: Buy rating and $0.25 target for ROE

RE:RE:Haywood Securities: Buy rating and $0.25 target for ROEI've seen a few poster propose about 1/6 of the value of reco based on the acreage they have the option on. I would think 1/10 would not be too much to ask. So at $7 reco maybe .70 - 1.20 roe. At $24 reco around 2.40 - 4.00. 
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