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.
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