KKO 1.35% 7.5¢ kinetiko energy ltd

A couple of articles. First from April so might be outdated now...

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    A couple of articles. First from April so might be outdated now but mentions developing local gas reserves.

    Second article potentially might explain the price move of KKO maybe with new plans to convert three coal plants into gas power stations?

    https://jpt.spe.org/sasol-opts-for-lng-over-pipeline-gas-from-mozambique-offshore

    "Sasol’s nixing of the proposed ARP leaves it with two options for sourcing additional gas: LNG imports and the development of South Africa’s own gas reserves."


    "The proposed new company will take over three Eskom coal power plants that are set for decommissioning, according to Mineral Resources and Energy Minister Gwede Mantashe. The plan is to convert the plants into gas power stations."
    https://www.news24.com/amp/fin24/economy/mantashes-plans-for-eskom-20-take-shape-with-gas-power-station-plans-20220831

 
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