Ann: Correction of Typographical Error in Annual Report, page-3

Old article from 16 months ago. Sasol and Sth Africa desperately need gas. KKO has several tcf but in a "Contingent Resource" category. So difficult for the likes of Sasol to include these in their business case assumptions.

Can kko prove up 0.5tbcf or 1tcf ++ into proven commercial reserves? They seem to have several tcf of contingent resources for a few years now and for some reason very little progress in upgrading any to reserves apart from a rather small maiden gas reserves of only 6bcf in 2023 ?

If kko can prove up decent reserves Sasol etc.. will be keen especially if kko has gas near Secunda etc..

"Sasol reported progress on its $530-million gas drilling campaign in southern Mozambique, where five additional wells have been brought online to help extend a supply plateau to 2028 and ongoing exploration to extend production beyond 2030 yielded some positive results. However, these are regarded as contingent resources that could not yet be included in its business assumptions.

Likewise, Sasol was keeping close tabs on Kinetiko Energy’s exploration activities in Mpumalanga and was engaging with the company on its discoveries to understand the technical aspects of the resource, as well as to assess the economics."

https://m.engineeringnews.co.za/article/secunda-refinerys-post-2030-output-cut-as-sasol-struggles-to-pin-down-gas-supply-2023-08-23