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Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  RECAF | V.RECO.WT | RCNWF

Energy Metals & Mining Oil & Gas E&P Industrial Metals & Minerals
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 > To $76 in five years? Not so fast!
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Post by CammerRecon Jul 10, 2021 9:38pm
615 Views
Post# 33527244

To $76 in five years? Not so fast!

To $76 in five years? Not so fast!As a stockholder I believe that RECAF will soon go up niclely but don't believe it will will sky rocket like some of the wild unsubstantiated projections rampant on the internet; especially this one from walletinvestor:

Questions & Answers about Reconnaissance Energy Africa Projection

What is the Reconnaissance Energy Africa stock price / share price today?

The Reconnaissance Energy Africa stock price is 9.587 USD today.

Will Reconnaissance Energy Africa stock price grow / rise / go up?

Yes. The RECAF stock price can go up from 9.587 USD to 23.172 USD in one year.

Is it profitable to invest in Reconnaissance Energy Africa stock?

Yes. The long-term earning potential is +141.70% in one year.

Will RECAF stock price fall / drop? 

No. See above.

What will Reconnaissance Energy Africa stock price be worth in five years (2026)? 

The RECAF ("RECAF" ) future stock price will be 76.788 USD .

Will RECAF stock price crash?

According to our analysis, this will not happen.

Will Reconnaissance Energy Africa stock price hit 10 USD price in a year? 

Yes, within a year. See above.

Will Reconnaissance Energy Africa stock price hit 20 USD price in a year? 

Yes, within a year. See above.

Will Reconnaissance Energy Africa stock price hit 50 USD price in a year? 

Not within a year. See above.


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