Reconnaissance Energy (Africa) Ltd V.RECO

To $76 in five years? Not so fast!

[CammerRec]

As a stockholder I believe that RECAF will soon go up niclely but don't believe it will will sky rocket like some of the wild unsubstantiated projections rampant on the internet; especially this one from walletinvestor:

Questions & Answers about Reconnaissance Energy Africa Projection

What is the Reconnaissance Energy Africa stock price / share price today?

The Reconnaissance Energy Africa stock price is 9.587 USD today.

Will Reconnaissance Energy Africa stock price grow / rise / go up?

Yes. The RECAF stock price can go up from 9.587 USD to 23.172 USD in one year.

Is it profitable to invest in Reconnaissance Energy Africa stock?

Yes. The long-term earning potential is +141.70% in one year.

Will RECAF stock price fall / drop? 

No. See above.

What will Reconnaissance Energy Africa stock price be worth in five years (2026)? 

The RECAF ("RECAF" ) future stock price will be 76.788 USD .

Will RECAF stock price crash?

According to our analysis, this will not happen.

Will Reconnaissance Energy Africa stock price hit 10 USD price in a year? 

Yes, within a year. See above.

Will Reconnaissance Energy Africa stock price hit 20 USD price in a year? 

Yes, within a year. See above.

Will Reconnaissance Energy Africa stock price hit 50 USD price in a year? 

Not within a year. See above.

[Tarheel89]

agreed, $15B for a 30B recoverable discovery is absurd. After all, how could $300B worth of oil possibly be worth 5% of its going market rate?

[TurnToTheRight]

Because market rate (Brent or WTI) is not how you value bbls of reserves. A bbl of reserve is worth only a very tiny fraction of a bbl of production, simply because the risk premium to go from reserve to producing that bbl takes away so much of the market value and must be accounted for by the operating entity of the reserve. And this doesn't even begin to take economically stranded assets

[jimgeorge]

Oil reserves are valued on a "net present value" basis (NPV).  The net revenue from a barrel of oil is derived from the estimated selling price at the time the barrel is produced (this can vary based on quality of oil, local market conditions, and oil price futures curves), less a number of costs.  These costs include royalties paid to mineral rights owners (governments

[Buyhigheatchips]

Guess I better recalibrate my expectations. I wouldn't thought a $15B mc in five years was realistic. I was hoping for more!

[Buyhigheatchips]

I *would have* thought...  

[TeslaPlus1]

From Haywood report. :  Unrisked value of $29/share with a "modest" 500mmbls field.  Ignore shorts /  spreaders of FUD.