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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

TSXV:RECO - Post Discussion

Reconnaissance Energy (Africa) Ltd > Smartest Guys in the Room
View:
Post by Oregonduck on Jun 02, 2022 9:31am

Smartest Guys in the Room

https://reconafrica.com/wp-content/uploads/RECO-Information-Circular-2022-Final-Version-with-Amended-Option-Plan-Attached.pdf

S
cot Evans exercised 125,000 @0.31 options on May 5, 2021 when stock traded at $10.29

Craig Steinke exercised 750,000 options @0.25 on Dec 23, 2021 when stock traded at $6.08

Also. exercised 1.375 million additional options at $0.76 or below on Dec 23, 2021

Dr Granath exercised 40,000 options @0.25 on June 28, 2021 when stock traded at $11.29

He also  exercised 222,500 options @0.25 on Sept 20, 2021 when stock traded $6.39

Practically, all 17 million $0.25 shares and  $0,50 warrants had been exercised.

Out of 14 million escrow shares, only about 4 million left pending release.

Steinke holds roughly 5 million shares and Jay Park holds no shares only options. Previously, he held 3 million shares on Insider Report.

Comment by Luckboxx on Jun 02, 2022 12:46pm
Been buying all morning. You are great inspiration as always.