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Bullboard - Stock Discussion Forum Reconnaissance Energy (Africa) Ltd V.RECO

Alternate Symbol(s):  V.RECO.WT | RECAF

Energy Metals & Mining Oil & Gas E&P Industrial Metals & Minerals
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 > Payola?!
View:
Post by Oregonduck on Apr 05, 2023 1:13pm

Payola?!

Namcor Managing Director Mulunga who was instrumental in  offering to sell 5 percent stake of the oil concession back to ReconAfrica for US$2.0 million cash and 5 million shares @$6.35 is toast. Namcor just announced the sack. Who at ReconAfrica signed off in the questionable deal?

https://www.erongo.com.na/local-news-ero/namcor-mum-on-recon-share-sale2022-09-28
Comment by pacer001 on Apr 06, 2023 2:47pm
If gov folks thought there really was oil they never would have sold. This is obviously a coverup for a payoff to corrupt parties!
Comment by pacer001 on Apr 06, 2023 2:50pm
Mr. Duck this is old news but still a goodie. Thanks.
Reconnaissance Energy (Africa) Ltd
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