Meet The Man Behind The World’s Most Exciting Oil Play
Editor OilPrice.com, 22 June 2021
This is the story about an oil play that so far has lived up to its promise… Namibia is the setting… And a little-known Canadian explorer is the protagonist.
It was the speculative investment of 2020… But now we think it’s being de-risked following two successful drill results… And its stock price has been flying as a result. Continue reading “Article: Meet The Man Behind The World’s Most Exciting Oil Play”
ReconAfrica warns against short sellers
Ed Reed, 02 June 2021
Reconnaissance Energy Africa continues to come under fire from various sources, including short sellers, but it has received public affirmation for its plans from local government in Namibia.
The Canadian company’s activities onshore Namibia have been criticised by environmental activists. Initially, worries focused on fracking, but they have grown to include the potential impact on water and elephants.
A whistleblower reported concerns on ReconAfrica to the US Securities and Exchange Commission on May 5, National Geographic reported. According to the report, the company had allegedly failed to provide important information in an attempt to increase its share price. Continue reading “Article: ReconAfrica warns against short sellers”
Namibia: Hedge Funds – Namibia’s Hope to Increase Market Capitalization and Liquidity
Arney Tjaronda, 10 May 2021
Over the course of years, Hedge funds has been a driving force for the Johannesburg Securities Exchange (JSE) market. They have been nicknamed the miracle boy of the JSE due to its performance, so much so that in 2020 alone- despite the pandemic-the Single Manager Composite Index was +6.19% (HedgeNews Africa, January 18, 2021). How is that so? Before answering that question, I will define what hedge funds are.
Definition of hedge funds Continue reading “Article: Namibia: Hedge Funds – Namibia’s Hope to Increase Market Capitalization and Liquidity”