RE:RE:Botswana Farm Out The problems with AMLO are discussed on Stocktwits in some detail and there are passing references to RECO. I think in the same NR, it was stated that the farmout agreement was not an arms length transaction and it was subject to (later) review. I note their 52 week low was a penny and change! There is no question that the primary focus of that company has been on Mexico.
This is beyond my pay grade. I look forward to any further information here; I'll also watch Stocktwits. Oh, RNSFF has a bullboard page on Stockhouse. I took a quick look at it and don't think any of the posters here are posting there.
All I care about is does this have any effect on our share price. I would think not because farmouts are expected. If you look at the other company's website, you'll see Renaissance has extensive drilling experience in Mexico.
Thanks for your analysis, Hydrocarbss