A look back at the MST report and video from about 3 months ago. 24c valuation at that time with near term catalysts being the reserves release (still pending) and core well program near a Power station (in progress).
Another major near term event is drilling right near Sasol Secunda with Sasol being the largest user of gas in South Africa.
Importantly note Sipho Nkosi, the Chairman of Sasol in onboard with KKO via the Phefo Power investment. Also see the article he is tasked with cutting through red tape to get things happening quickly in South Africa.
Long term KKO could prove up a few tcf of gas reserves and has the location(s) right near infrastructure such as pipelines and power plants
ZAR60m subscription from Phefo Power – backed by long-term SA oil and gas executives. KKO secured a subscription of ZAR10m (A$0.9m) plus ZAR50m (A$4.3m) from South African energy investment group, Phefo Power. Phefo Power is an investment group formed by Humprey Mathe, formerly the executive general manager for Corporate Services at Exxaro and later CEO of Scinta South Africa, and Sipho Nkosi, the Chairman of Sasol.
Sipho Nkosi is a highly respected businessman and corporate executive who serves on the boards of several leading companies in South Africa. He is the Chairman of global integrated energy and chemical giant Sasol, Director of diversified financial services group Sanlam, and Co-founder and Chairman of investment holding company Talent10.
https://www.news24.com/fin24/companies/sipho-nkosis-red-tape-team-will-unlock-billions-in-investments-minerals-council-20220211
https://mcusercontent.com/70e7f81934fdfc16a1d10c48e/files/7ea69885-021f-3121-3895-201993439367/MST_Access_KKO_Initiation_20Oct22.pdf
https://mstfinancial-au.zoom.us/rec/play/NDmBVNi6hCxMORLWMGPN59SX0Otcltfrx1UOKgC6HAQTP7AOR4XWnNHNys4_Gon4j7c2kOevwn8WEDEM.37TvTwOULK_fAmmK?startTime=1666159802000&_x_zm_rtaid=vFqTM6HpTcadNYWcCPlTag.1675103523587.0c8da4d0151cf469040f5cb5fb5cc3b1&_x_zm_rhtaid=144
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Last
8.2¢ |
Change
-0.001(0.61%) |
Mkt cap ! $117.4M |
Open | High | Low | Value | Volume |
8.3¢ | 8.3¢ | 8.2¢ | $2.511K | 30.38K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20000 | 8.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.4¢ | 2283 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 68481 | 0.079 |
1 | 100000 | 0.076 |
1 | 500000 | 0.075 |
1 | 10000 | 0.070 |
1 | 27194 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.084 | 2283 | 1 |
0.086 | 250000 | 1 |
0.090 | 25000 | 1 |
0.092 | 200000 | 1 |
0.094 | 225000 | 1 |
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