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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

Post by Wynjoeon Mar 24, 2022 10:49am
200 Views
Post# 34541291

Morningstars rating on reco...

Morningstars rating on reco...I see royal banks rating from Morningstar has gone down from 5 stars to 4 and a value of $14.65 to a little over $9.00. What a farce, lol,I dont know why they even have these two bit analysts giving their "professional opinion" on stocks.Hire a monkey to shoot darts at a board containing stock symbols and you will do better, lol. Reco has major issues with class action and inadequate performance from management. SELL.
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