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.

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Renaissance Oil Corp. > KEY Terms to pay attention to

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Comment by Rogerthat2on Apr 19, 2021 4:27pm

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Post# 33023673

RE:RE:RE:RE:RE:RE:RE:RE:KEY Terms to pay attention to

I don't see Reco shares going down much if at all, the oil system is confirmed, the size yet to be confirmed. According to the Haywood chart, 35% probability on 500 M barrels gets $8.35 per reco share. But there is a potential of 1,200M barrels, so Reco shares could easily double and more. So the.046 of a reco share could also double, giving roe share an approx value of .84 cents or more, with the current letter of intent. So whether one buys roe or reco, when reco goes up, they both go up. But, nothing is definite . Quote: "The companies have agreed to a 30 -day exclusivity period to, among other things, negotiate and settle a definitive agreement."

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How does sponsorship affect share price?