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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 > Alice in Wonderland
View:
Post by Oregonduck on Jun 21, 2023 11:17pm

Alice in Wonderland

Couriouser and couriouser ?!!!

Why put out an Annual Management Information Form now which is old and stale-dated Dec 31, 2021? The Co must submit audited financials by no later than July 31st for the 15 months ended March 31, 2023 (they changed year-end date). So, they already knew about the annual results but, nevertheless, issued last year's information to shareholders instead. They are hiding horrible results showing severe cash crunch and things like poor flow tests and reason for the delays in drilling.

The Co must hold an AGM by no later than 15 months from the date of the last Annual Meeting.

Something not right here.
Comment by pacer001 on Jun 22, 2023 2:12pm
You are right Mr. Duck, something is fishy-reallly fishy! 
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