Bullboard - Stock Discussion Forum 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... see more

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TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > Nothing has changed

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Post by Hotshot85 on Jul 08, 2021 8:54am

Nothing has changed

I do not understand the uproar about this. Nothing has changed. Science is the same, potential is the same, results are the same, upcoming catalysts are the same.

Not everything can go exactly to plan all of the time. If i had to guess, with all of the new retail holders of the ROE they did not get the minimum number of votes in and have had to delay. They have the % as stated, but not the minimum number. Guess only.

this changes nothing for me. I dont trade, I invest. I've been holding since August of last year and this isn't going to push me off my position right before intital 6-1 results, details analysis of 6-2, and the start of seismic.

might be a bumpy day but this may just be another spot to add.

Grayson Anderson has gone Quiet recently and I am wondering what has happened to all of the analyst reports.

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Comment by Matteo1234 on Jul 08, 2021 8:58am

It is anticipated that the Warrants will commence trading on the Exchange under the symbol “RECO.WT.A” at the open on June 3, 2021. Pursuant to the Offering, a total of 2,179,020 Warrants were issued, each Warrant entitling the holder to acquire one common share in the capital of the Company (each, a “Common Share”) at a price of C$14.00 until May 27, 2024. In the event that the moving volume ...more

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