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Recon Africa De-Risks The World s Most Exciting Oil Find
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This is the junior oil explorer that has surprised the markets in Namibia’s giant Kavango Basin the final frontier of onshore oil.
From January 1, 2021, to June 23, 2021, ReconAfrica gained over 580% in valuation. And it appears it came out of nowhere.
It also looks to have been a major target of what we believe are dubious short-selling campaigns and spoofing, but we think it’s held its ground against them all, precisely because it’s sitting on what some say could be the last big onshore conventional oil discovery the world will ever see.
And not only that … it’s backed by veteran management and industry leading geologists and geochemists. It’s not a fly-by-night junior explorer. We think it’s the real deal and it was savvy enough to scoop up this entire, giant basin before anyone had time to blink.