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).

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Reconnaissance Energy (Africa) Ltd > How low can we go???

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Comment by Yo_Dogon Nov 15, 2022 10:10am

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Post# 35099601

RE:RE:RE:RE:RE:RE:RE:RE:How low can we go???

Joe
Most investors, like myself, are not technical oil and gas professionals. We have to make assessments based on data, news from the company, analysts reports etc to make a decision to invest.

Regarding on the last raise price and whether or not these investors are buying. I don't know. Do you?
Someone is buying and someone is selling. That is the stock market.

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