$72 dollars a share.... come on now ... lolRecon Africa RECO (TSX -V $C 8.30) History shows that the first few wells in a new exploration play establish the multi-billion-barrel fields very quickly North Slope - 3 wells = 9 billion barrels D & M reserve report Similar examples in dozens of other giants RECO can de-risk its 6-2 discovery with 3 more wells this year, will be drilling 6 more tests in all within less than a year Every 1 billion barrels recoverable at a PV 10% of $C10 per barrel, which is very conservative, adds $C 10 billion to RECO’s Enterprise Value or 9 X the current market capitalization or by $C 72 per share
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