Reconnaissance Energy (Africa) Ltd V.RECO

Drilling

[BulletProof]

I would like to know how many meters they are doing per shift or per day. Someone said that they have 2 shift on the rig, so they should have reached the 4800 meters already, top of the basin?

[C6J6Dub6U]

no one can tell you 100%

[hipfner]

The company said 45 days to Total Depth. Doesn't matter how many crews are working. Patience, grasshopper. This is a speculative play and we are not insiders or industry players getting information from the source. You can choose to trade it, like many are, up and down with the daily tides, or let the company do the work and then report information that can be analysed with the very few

[Narobioil]

Correct....Speed, and 2 or 3 shifts, drill rate mean nothing. Even reaching TD means nothing accept maybe a news release saying just that and possibly a timeline on the move to the next location. Need to watch for things like logging data being sent to head office and cores arriving in Houston for analysis. Along with seismic data. These should be up ticks for the stock. But do not

[wedgeman]

yeeaah......patience....do not go well with anticipation....