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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

Post by cyrustgon Feb 03, 2021 4:02pm
281 Views
Post# 32461498

Warrants

WarrantsWith another chunk of warrants expiring in Feb. , perhaps it is time for a Hail Mary fund raiser to get the money for our 50% cost of a well in Botswana.Would not be much dilution if we got 35million shares and warrants for sale at 20 cents .All the warrants that have expired over the last couple of years would still leave less shares outstanding than if all the old warrants had been exercised.

mexico is dead for awhile but thank heavens the oil price has gone up recently so the company is getting an extra( 1200bpd x $10.00 per barrell extra x 30 days = $360,000.00 per month which should keep the company going until Amlo sees the light.

Sell the warrants , raise the cash and drill Botswana !!

Ciao
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