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

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

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 > Recaf should get the money back that they paid …
View:
Post by pacer001 on Apr 22, 2023 1:42am

Recaf should get the money back that they paid …

... to the Namibian national company for their share of the properties Recaf bought since in the current political environment of radical environmentalism even if there was a major find it could not be exploited due to "environmental concerns" and a lack of funding.

Just think about it. If An oil rich big country like Nigeria with proven oil is losing billions of investment dollars so why would a little country like Namibia have a chance?
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