RE:RE:RE:RE:RE:Funds might be used for BOTSWANA drillingI believe that they already know where to drill as they have 10 years worth of aeromag data, the best in the world, and it has proven to be rock solid in hole 6-2.
Remember that ROE must have analyzed this aeromag data back and forth many times.
Therefore I believe that they will get permits rather quickly as Botswana government is motivated, then they start drilling 2 holes to test basin, followed by seismic data and, then a 3rd hole for oil.
I say that you will start to hear detailed plans for this Botswana idrilling towards the end of 2021.
Drilling equipment is already in Nambia. It is a question of transporting it to Botswana.
RECO is flush with cash.
Drilling in 2022 is almost a sure bet and it strengthens RECO position. There is a reason why RECO paid $155 million for Botswana land.
mpo