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).

TSXV:RECO - Post by User

Reconnaissance Energy (Africa) Ltd > current price in CDN

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Comment by Bpultraon Jul 01, 2021 4:27pm

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Post# 33479965

RE:current price in CDN

Bpultra wrote: Recaf 9,92 x 1.244 = 12.34 CDN
oxd,gr 8.10 x 1.4773 = 11.93 CDN

reco.v closed yesterdaty 11.74 cdn

recaf 10.02 x 1.244 = 12.46 CDN
oxd,gr 8.10 x 1.4773 = 11.93 CDN (they will need to catch up tonight)

roe closed yesterday at .52 so 12.46 x .046 roe fair value is .57

oil 74.94 +1.47 +2.00%
Oh the shorty shorts will be tossing and turning tonight....lol

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