Replies to post #951 on Reconnaissance Energy Africa Ltd (RECAF)

[tdbowieknife]

They have 20 years to produce once they start to, and then an extention.





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[Amatuer17]

Time is not an issue - if oil is discovered the country has much incentive to extract it - so there always will be negotiations

The key is - if the potential for oil is large - this could easily go to $10 B market cap before BO - but that is pure speculation