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 > Extension of warrants ...

<< Previous

Bullboard Posts

Next >>

Comment by Wynjoeon Oct 27, 2022 10:23am

171 Views

Post# 35052923

RE:RE:RE:RE:Extension of warrants ...

Dilution @ the last equity raise was not to bad @$6.35,but tomorrow's equity raise may be much worse when this tanks below $3.20.LOOK OUT BELOW!!!Most times these speculative plays are diluted out of existence before fruition....MAJOR SELL,LOOK AT THE CHARTS....

<< Previous

Bullboard Posts

Next >>

The top TSX healthcare stocks under $1