KKO 1.35% 7.5¢ kinetiko energy ltd

Ann: MOU Executed with FFS Refiners for a Gas Supply Agreement, page-4

  1. 747 Posts.
    lightbulb Created with Sketch. 151
    Groan, oh no - another vague deal with a lightweight local energy player.

    I looked over this FFS company, and ffs, they are upstream black oil distributors and processors - exactly the opposite of KKO's downstream product.
    Someone explain how upstream black oil and LNG have any synergy?

    FFS in turn, mention some equally vague deal with Galileo Technologies. They are based in Argentina and are at least involved in the LNG industry, offering small modular LNG compression units.

    KKO really need to stop fiddling around with these lightweight and unproven gas producers and start making some sensible processing and distribution plans.

    The floundering share price reflects the market's scepticism.
 
watchlist Created with Sketch. Add KKO (ASX) to my watchlist
(20min delay)
Last
7.5¢
Change
0.001(1.35%)
Mkt cap ! $107.4M
Open High Low Value Volume
7.5¢ 7.5¢ 7.5¢ $1.875K 25K

Buyers (Bids)

No. Vol. Price($)
1 100000 7.1¢
 

Sellers (Offers)

Price($) Vol. No.
8.0¢ 25000 1
View Market Depth
Last trade - 10.04am 26/07/2024 (20 minute delay) ?
KKO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.