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).

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Reconnaissance Energy (Africa) Ltd > Why the negative spin

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Comment by veryfishyon Apr 22, 2021 12:47pm

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Post# 33045502

RE:RE:RE:Why the negative spin

To prove a libel, statements have to be untrue. All the facts and statements made are directly from press releases of RECO and ROE ad SEDAR FILINGS. Everything that has been done by RECO/ROE is legal. But it is also unethical. RECO even has a Chief Compliance Officer whose background is top tier, and the Chairman of Board of RECO is a Queen's Counsel.
Both they cannot maintain support of the merger and keep their gold plated reputations, unless they resign. the whole RECO board needs to resign and without delay. I expect that soon.

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