recon africa stock reddit

It holds a 90 interest in a petroleum exploration license that covers an area of approximately 2534133 km2 located in Namibia. There are several videos on ReconAfrica on this channel that discuss the stock.

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And 100 working interest in a petroleum.

. RECAF 483 000 008. 0 brokerages have issued twelve-month price objectives for Reconnaissance Energy Africas stock. According to present data Reconnaissance Energy Africas RECAF shares and potentially its market environment have been in a bullish cycle in the last 12 months if exists.

It matters little at this point where Recon Africa RECO. Find the latest Reconnaissance Energy Africa Ltd. Kavango Basin Exploration Update Highlights Multiple Drilling Prospects and New Play Types April 4 2022.

Dvhg rq dydlodeoh kljk vsdwldo uhvroxwlrq dhurpdjqhwlf gdwd wkh frpsdqv kljko hshulhqfhg whfkqlfdo whdp hvwlpdwhv wkh edvlq wr eh derxw e plohv lq. RECAF stock discussion in Yahoo Finances forum. Reconnaissance Energy Africa Ltd OTC Updated Apr 14 2022 757 PM.

ReconAfrica Announces Upsize of Previously Announce C381 Million Bought Deal. Recon Africas Cash Position One of the first questions any investor should ask about this company is whether it has the cash to carry out. 10 votes and 23 comments so far on Reddit.

Multiple logging runs will be made and up to 50 sidewall cores taken all designed to maximize hydrocarbon recovery. Reconnaissance Energy Africa Ltd a junior oil and gas company engages in the identification exploration and development of oil andor gas assets in Namibia and Botswana. Recon Technology Ltd.

RECONNAISSANCE ENERGY AFRICA LTD. Independent financial research organisation Viceroy Research has released a damning report on Reconnaissance Energy Africa Ltd ReconAfrica the Canadian oil and gas company that has set its sights on the Kavango Basin in Namibia and Botswana. Wall Street Stock Market Finance report prediction for the future.

NASDAQ Updated Apr 13 2022 525 PM RCON 096 000 034. The 6-1 well is now being prepared for wireline logging. Their forecasts range from 1600 to 1600.

Those assumptions and factors. Youll find the Reconnaissance Energy Africa share forecasts stock quote and buy sell signals below. Share your opinion and gain insight from other stock traders and investors.

But based on what weve seen with Recon Africa management is making all the right moves insiders continue to buy the stock and most of the selling is short. Real-time Price Updates for Reconnaissance Energy Africa Ltd RECO-X along with buy or sell indicators analysis charts historical performance news and more. On average they expect Reconnaissance Energy Africas share price to reach 1600 in the next year.

Not because I dont trust recon Africas great work but because I still fail to grasp how exploration in this area hasnt happend like this before and why in 2021 is this finnaly happening and why everyone isnt already in on it 20B of oil means this stock should trade at 1600. Ive held this stock all year but skeptical in the news the news being good has suprized me though. Check out this video too.

ReconAfrica and NAMCOR the state oil company of Namibia announced July 14 2021 the completion of drilling operations of the second stratigraphic test well 6-1. This suggests a possible upside of 1749 from the stocks current price. Recon had received some bad press in the past couple of months but have also released a statement showing that they have complied with all regulations and laws And the Kavango East governor has come out in support of ReconAfrica too.

Find the latest Reconnaissance Energy Africa Ltd. News Releases The following news releases are available for download in PDF. The Viceroy report labels ReconAfrica a stock-promoted junior explorer drilling imaginary oil basins in a.

RECOV stock quote history news and other vital information to help you with your stock trading and investing. ReconAfrica Announces Completion of C475 Million Bought Deal Offering March 1 2022. Working in partnership with and under the ongoing oversight of multiple Namibian government ministries as well as national land water and environmental protection agencies ReconAfricas license to operate permits conventional early-stage exploration within the Namibian area of the Kavango area.

Shareholders arent jumping ship and a huge number of catalysts are just around the corner. The surveillance team at small-cap trading platform OTC Markets routinely spots dodgy stock promo campaigns as they are under way flags companies being promoted with a red stock-promotion flag on.

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