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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 > Morningstar analysts...a joke!!!
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Comment by Wynjoeon Nov 14, 2022 11:36am
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Post# 35096751

RE:Morningstar analysts...a joke!!!

RE:Morningstar analysts...a joke!!!I thought koko the gorilla died,maybe these analysts are using koko's offspring to guide them,lol. Valued at over 400 million reco has nothing but a few holes in the ground and obligations to appease the Namibia people with expensive water wells and an extremely expensive courtship. 4 hundred million value....for what????They will soon be looking for more funds!!!
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