Copied from the RLT board - this has an impact on KKO as well;
From the article about Tetra4's dispute with Nersa;
"The court found that Tetra4 does not require a Nersa licence for trading in gases such as methane and helium when such trading occurs outside the piped gas industry and does not involve the national pipeline grid or downstream market regulated by Nersa.In addition, the judgment clarified that the Gas Act regulates only hydrocarbon gases transported by pipeline, and does not cover noble gases such as helium. Therefore, helium production and trading are outside Nersa's regulatory reach."This judgment is a landmark win for Tetra4 and the entire upstream gas industry. It affirms that upstream gas production and related activities, including on-site liquefaction, are outside the scope of the Gas Act and Nersa's licensing regime, provided they do not supply the regulated piped gas industry."
This is good news for the Renergen Phase 1 and 2 plants, but makes any NG feed into pipeline problematic.
The other NG startup KKO will be affected by this as well.
They will probably have to start with mini-LNG and power generation until they can sort out pipeline access.
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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2
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5.4¢ |
Change
0.001(1.89%) |
Mkt cap ! $77.35M |
Open | High | Low | Value | Volume |
5.9¢ | 5.9¢ | 5.4¢ | $43.46K | 783.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 193550 | 5.5¢ |
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Price($) | Vol. | No. |
---|---|---|
5.9¢ | 16966 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 193550 | 0.055 |
2 | 637306 | 0.054 |
1 | 9700 | 0.052 |
1 | 100000 | 0.044 |
1 | 292234 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.059 | 16966 | 1 |
0.060 | 56631 | 1 |
0.062 | 10000 | 1 |
0.078 | 19600 | 1 |
0.081 | 15394 | 1 |
Last trade - 13.49pm 24/06/2025 (20 minute delay) ? |
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