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Market Cap 222.92M P/E - EPS this Y - Ern Qtrly Grth -
Income 33.6M Forward P/E - EPS next Y - 50D Avg Chg 10.00%
Sales 4.97M PEG - EPS past 5Y - 200D Avg Chg -15.00%
Dividend N/A Price/Book 2.54 EPS next 5Y - 52W High Chg -78.00%
Recommedations - Quick Ratio 3.54 Shares Outstanding 230M 52W Low Chg 203.00%
Insider Own 0.68% ROA - Shares Float 204.09M Beta 1.35
Inst Own 0.03% ROE - Shares Shorted/Prior -/- Price 1.06
Gross Margin 40.79% Profit Margin 542.82% Avg. Volume 222,787 Target Price -
Oper. Margin -538.41% Earnings Date Feb 28 Volume 400,666 Change -3.20%
About RECONNAISSANCE ENERGY AFRICA LT

Reconnaissance Energy Africa Ltd., a junior oil and gas company, engages in exploration and development of oil and gas potential in Namibia and Botswana. It holds a 90% interest in a petroleum exploration license that covers an area of approximately 25,341.33 kilometer square located in Namibia; and 100% working interest in a petroleum license, which covers an area of 8,990 square kilometer square located in northwestern Botswana. Reconnaissance Energy Africa Ltd. is headquartered in Vancouver, Canada.

RECONNAISSANCE ENERGY AFRICA LT News
04/18/24 RECONAFRICA ANNOUNCES AN OPERATIONS UPDATE, JOINT VENTURE UPDATE AND CONFERENCE EVENT
04/16/24 EnerCom is Pleased to Announce that Registration is Now Open for the 29th Annual EnerCom Denver - The Energy Investment Conference
04/03/24 ReconAfrica Announces Closing of C$17.25 Million Bought Deal Public Offering, Including the Full Exercise of the Over-Allotment Option
03/22/24 ReconAfrica Announces Upsize of Bought-Deal Public Offering to C$15 Million
03/21/24 ReconAfrica Announces C$10 Million Bought-Deal Public Offering
03/18/24 RECONAFRICA ENGAGES FTB CAPITAL INC. TO ENHANCE INVESTOR AWARENESS
03/14/24 RECONAFRICA ANNOUNCES AN UPDATED INDEPENDENT THIRD-PARTY RESOURCE REPORT FOR THE DAMARA FOLD BELT ONSHORE NAMIBIA
03/06/24 RECONAFRICA ANNOUNCES STOCK OPTION GRANT AND CANCELLATION
03/01/24 RECONAFRICA ANNOUNCES THE FILING OF QUARTERLY FINANCIAL REPORTS
04:15 PM RECONAFRICA ANNOUNCES PROPOSED SETTLEMENT OF CLASS ACTION LAWSUITS
09:00 AM RECONAFRICA ANNOUNCES A CLARIFICATION TO PREVIOUSLY ISSUED PRESS RELEASE
02/23/24 RECONAFRICA PROVIDES AN OPERATIONS UPDATE AND CHANGE IN THE BOARD OF DIRECTORS
12/21/23 RECONAFRICA ANNOUNCES AN OPERATIONAL UPDATE, A LICENCING UPDATE, A FILING UPDATE, AND AN UPDATE ON THE NAMCOR TRANSACTION
12/15/23 RECONAFRICA ANNOUNCES NEW LEADERSHIP OF EXPLORATION AND STRENGTHENS EXPLORATION TEAM
12/05/23 Reconnaissance Energy Africa completes sale of Mexican asset as company remains focussed on Namibia
11/29/23 RECONAFRICA ANNOUNCES THE FILING OF QUARTERLY FINANCIAL REPORTS AND AN OPERATIONAL UPDATE
11/10/23 RECONAFRICA CLOSES SALE OF ITS MEXICO OPERATIONS
11/07/23 RECONAFRICA ANNOUNCES A COMPANY UPDATE WEBINAR, CONFERENCE CALL AND A FILING UPDATE
10/30/23 /C O R R E C T I O N from Source -- Reconnaissance Energy Africa Ltd./
10/26/23 RECONAFRICA ENTERS INTO DEFINITIVE AGREEMENT FOR THE SALE OF ITS MEXICO OPERATIONS
RECAF Chatroom

User Image TheHornedBull Posted - 41 minutes ago

$RECAF Just for the sake of curiosity, knowledge and because there are 6910 registered members on this board. I am conducting a survey! Because I do not believe there has been any selling of significance or day trading of this stock YTD. As everyone that ever reads my posts know, I am certain that without the daily buying and selling of the Hedge Fund Short traders, we would have very little day to day trading. other then the day after good News we educated Longs understand and we buy more because it feels Good. To date, we longs have held on for dear life, that's the only reason this stock has survived. I believe that has happened because there are a good number of well educated members who have shared a wealth of knowledge and NEWS when it happens with all of us. So I am hoping we can shed a bit of confirmation on the fact that we as RECAF longs are Solid and the only ones really trading and making the price are Frauds. I have sold 1400 shares this yr. and bought 55,000. Your turn....

User Image Texben Posted - 1 hour ago

$RECAF ..........Sorta Right? We didn't get a NR update but thanks to some here who have written to and shared responses from IR concerning the JV process indicating we have multiple offers on the table and the company seems to indicate that we may have multiple partners come aboard. It would be awesome IMO if we could get multiple partners who will put rigs on site and drill multiple wells simultaneously. First four wells at the same time? Imagine what that would do for us. FOMO on steroids!

User Image TONYROSS Posted - 5 hours ago

$RECAF Lol. This for the night shift posters who have limited understanding and trouble seeing at that time through apparently very weary eyes. From the last Recon Africa press release, dated April 18..... "The company has commenced the major civil works associated with building access roads to the well site with the primary contractor having mobilized equipment and personnel to the region." "On completion of the civil works, access roads and well site construction, the Jarvie-1 drilling rig will be mobilized for drilling. Key services relating to the maintenance of the Jarvie-1 are all scheduled to be undertaken in May."

User Image dirtyoil Posted - 5 hours ago

$RECAF Absent "shorty", who exactly is selling your "volume"?

User Image Billy_Striebeck Posted - 13 hours ago

$RECAF What has brian done besides merely keeping the lights on at this point?

User Image Billy_Striebeck Posted - 14 hours ago

$RECAF The Jarvie 1 isn't even on location yet!?!? How many bong hits does this elite management need to take before they make a move?

User Image Tonybut Posted - 14 hours ago

$RECAF once the Jarvie 1 is on location with the bit turning in the ground again I think you will see a significant increase in volume traded per day. Going to be interesting to see how it all plays out

User Image vlad0 Posted - 17 hours ago

$RECAF IR update sounds optimistic:

User Image austinhardin Posted - 1 day ago

$RECAF I wish all of us True Longs...Health-Wealth & Prosperity with this Longshot Investment. Remember without Health you have nothing!

User Image Tonybut Posted - 1 day ago

$RECAF once the spud date is announced regardless of jv greed and fomo will dominate.

User Image Texben Posted - 1 day ago

$RECAF ...........https://www.yahoo.com/finance/news/1-hess-sets-may-28-212020046.html Chevron may be kicking themselves in a few years when they realize they could have had their own Guyana right here for much much less, like 100X less.

User Image Texben Posted - 1 day ago

$RECAF .......Hmmm, evaluate offers.........AND nothing for certain until it is ANNOUNCED........................ Wonder what that means? OH I KNOW! There's money on the table boys!

User Image Harleyboy Posted - 1 day ago

$RECAF Summary: According to IR jv is going to plan so far. Brian in Naminia last week and this week so been a bit tricky logistically to evaluate offers so could be a slight delay but maybe some news end of next week or May 10. So nothing certain until its announced but we are in a good position and going to plan: End summary.

User Image austinhardin Posted - 1 day ago

$RECAF Don't be a #JamesStroker aka @Wishful04

User Image TONYROSS Posted - 1 day ago

$RECAF And here is the part where they very subtly move it out of green to red to make a low of the day right at the closing bell. I swear, I have watched this Friday manipulation so many times that I can predict it almost exactly now.

User Image TONYROSS Posted - 1 day ago

$RECAF Here we go with the late Friday manipulation. Our Toronto hedge funds hard at work as usual to try to paint the Friday tape.

User Image austinhardin Posted - 1 day ago

$RECAF

User Image Wishful04 Posted - 1 day ago

$RECAF 1 more hour of trading and we haven't cracked 100k in volume, at least we are green today. I thought Brian speaking at this conference will expose recaf? Guess not...... #dontbeaTony

User Image DaStockNinja Posted - 1 day ago

$RECAF walking into the weekend right behind this Oil Advisor!!

User Image austinhardin Posted - 1 day ago

$RECAF @Giltedge the same thing that Happened to Yo Momma's Porn-side-Hustle!

User Image Giltedge Posted - 2 days ago

$RECAF What happened to all the geo porn?

User Image Lil_Bubba Posted - 2 days ago

$RECAF Sister Gomer may not be qualified to dress herself in the morning; yet here she is predicting the future of RECAF 2.0. The least she could do is disclose her position and list her relevant experience with frontier oil and gas exploration if she wishes to spout off like she knows more than Brian Reinsborough.

User Image austinhardin Posted - 2 days ago

$RECAF Son @Wishful04 You are Frikin One Stoooopid Stooopid MF & You Know What Son....You Can't Fix Frikin Stooooopid!

User Image Wishful04 Posted - 2 days ago

$RECAF In other words, we don't have any interest or getting low balled and will miss our April deadline"Joint Venture Process The Company has provided interested third parties with bid instructions and guidelines. Initial bids are expected this month and will be reviewed and negotiated as necessary by management. Only strong bids that enhance shareholder and stakeholder value will be considered."

User Image austinhardin Posted - 2 days ago

$RECAF To All You Frikin Shor-Tea #CharlatanTurd ArzeWipes: WTF don't ya'll Comprehend about the following Statement: "To allow companies in the data room sufficient time to incorporate the pending revised NSAI report into their assessment, the timeline has been extended and is now anticipated to be completed in April 2024." Deconstruct the Sentence so you ArzeWipes can Understand & Comprehend the Written English Language!

User Image Lil_Bubba Posted - 2 days ago

$RECAF If you’re expecting more than what is stated below by the end of April, you’ve been listening to too many manipulative clowns on social media. Don’t get clowned by Sister Clown and others. "Joint Venture Process The Company has provided interested third parties with bid instructions and guidelines. Initial bids are expected this month and will be reviewed and negotiated as necessary by management. Only strong bids that enhance shareholder and stakeholder value will be considered."

User Image TightOilSpoils Posted - 2 days ago

$RECAF Any one watching $AR Antero? Pretty wild. Made a pile of money and now waiting for the pull back. PE at 165 this morning.

User Image TheHornedBull Posted - 2 days ago

$RECAF It seems that within 3 more trading days, we'll be told whether or Not there is going to be a JV? Because that is deadline BCR gave us. Unless he decides to extend that deadline, either way, we should hear News by May 1,2024.

User Image macswood Posted - 2 days ago

$RECAF I new it.

User Image EquitytheGrouchLee123 Posted - 2 days ago

$RECAF