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 > News Coming

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Comment by teheran10on Apr 30, 2021 9:34pm

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Post# 33106975

RE:RE:News Coming

Matteo - I believe that $6-$8 price is HISTORY NOW. I can see it trading $9-$12 from now on. Too much potential upside now and as you've correctly said FOMO is real and present.

IF next hole is as good as #1, I see SP jumping past $35 and settling at around $30.

I trust the Scientists and I'm CONVINCED we are going to have a Bonanza on holes 2-3.

$150-$250 in 1-2 maybe 3 years from hole 2 results.

IMHO

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