KKO 1.35% 7.5¢ kinetiko energy ltd

I looked into Badimo Gas to see what additional value this...

  1. 92 Posts.
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    I looked into Badimo Gas to see what additional value this merger with KKO will bring apart from what Nick de Blocq already mentioned.

    One of the directors of Badimo Gas is Donald Mcube who will be appointed to the KKO board.

    Donald Ncube Biography :
    -BA Economics and Political Science, Fort Hare University;
    - Post Graduate Diploma in Labour Relations, Strathclyde University, Scotland;
    - Graduate MSc Manpower Studies, University of Manchester;
    - Diploma in Financial Management

    Mr Ncube was appointed a director of Gold Fields in February 2006.
    Previously, he was an alternate director of Anglo American Industrial Corporation Limited and Anglo American Corporation of South Africa Limited,
    a director of AngloGold Ashanti Limited as well as non-executive chairman of South African Airways.

    He is currently chairman of Rare Holdings Limited, executive chairman of Cincinnati Mining S.A. and chairman of Badimo Gas and a director of Manhattan Operations Douglas.

    More info to understand the caliber of person

    Found this from an article in 2016

    DON Ncube has spent the 11 years since the unbundling of diversified empowerment company Real Africa Holdings in pursuing his first love: resources. Ncube is a true pioneer. Real Africa was one of the first empowerment companies when it was launched in the mid-1990s.

    Ncube is almost 69 but he has lost none of his verve. He could sell ice to Eskimos and there’s a good chance he can motivate SA’s bureaucrats, who continue to dither about how to develop SA’s undeveloped gas resources.

    In 2005 former JSE chairman Norman Lowenthal introduced Ncube to two Americans, petroleum engineer Brian Hughes and petroleum geologist Paul Tromp. Hughes and Tromp had worked in Wyoming’s coal-rich Powder River Basin and were eager to explore SA’s potential for coal bed methane (CBM). CBM is gas emitted by coal seams. It can be extracted without fracking or mining the coal, cleaned and sold as compressed natural gas to replace diesel in vehicles or power stations or for industrial and household use.

    Between Phefo Power - Sipho Nkosi (Sasol Chair) and Badimo Gas - Donald Ncube, we seem to have some very well placed and influential people on KKO's side


 
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