I see KKO is being spruiked by opposition MP at the South African BizNews conference in London;
00:07 James Blorimer, MP. Thank you. 00:16 I’m here partly because I enjoy the ego boost from Alex’s introductions. 00:25 Francis spoke about South Africa’s potential, driven by our abundant natural resources. Picture a billion barrels of oil. That’s the energy equivalent of six trillion cubic feet of gas beneath Mpumalanga’s soil. 01:05 In the 1980s, South Africa utilized gas reserves near Mossel Bay for liquid fuel production. Now, Kinetico, an Australian company, discovered significant gas reserves in Mpumalanga, with a world-record 44 successful wells drilled. 01:59 The gas reserves span from Pumalanga to the Free State, showing vast potential for energy production. 03:37 Kinetico expects each gas field to last 12 to 30 years, with ongoing exploration expanding known reserves
KKO Price at posting:
7.9¢ Sentiment: Hold Disclosure: Held
