Reconnaissance Energy (Africa) Ltd V.RECO

Fair Value: $ 5.5 billion ($ 55/share)

[Hiddensecrets]

Fair value if source rock is confirmed in drill 1 and 2, is $ 5.5 billion or $ 55 per share.

Good luck,

MPO

[Dave4444]

And that is just for starters, take a look at AFE, it owns only 10% of a new single oil field discovery offshore Africa and a difficult place to develop and it has a market cap of $350 million dollars just for owning 10% so the undeveloped hard to develop find in a small area is worth $3.5 Billion already.  Imagine RECO with an entire basin and 100% interest, the blue sky here is unreal and

[Strod]

Best way to value is via peer group valuation, as that tells you what the makret thinks rather than a bunch of assumptions, that may or may not be relevant.

[investor55x]

Today "they" (Anonymous, ...) tried hard to hold share price down (even until the last two trades). But they have failed and will fail, because share price wants to go up as we see *lol*

[C6J6Dub6U]

I think their game is over. You can't stop it. This will be over 3 bucks forcing early warrants etc. You watch

[investor55x]

today "Anonymous" is again trying very hard to push share price down again.

[scatman]

What doest that even mean? Anon can be anyone, in fact you can trade thru anon. Nobody is trying to push the stock down....that is some naked short/short-distrot idea the floats around bullboards as tho its some everyday common strategy to buy shares cheap. I can tell you that is very unlikely here.

[investor55x]

thanks for your opinion scatman. I am very bullish regarding RECO. GLTA!

[EvadeTrades1]

How did you come up with this evaluation? I hope it happens, because I'm in with a fairly large position.