KKO 2.44% 8.0¢ kinetiko energy ltd

Thanks townshend.This confirms what I have believed for a long...

  1. 727 Posts.
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    Thanks townshend.
    This confirms what I have believed for a long time.
    The incompetent, stupid, greedy idiots in the ANC have wrecked the monolithic monopoly power utility of Eskom and there is no plan B for power.
    They have finally woken up to the idea of gas generation which can be brought online quickly (as opposed to a new coal power station which takes a decade or never).
    They still think renewables is their answer but they do not realize they need a backup, and gas is the natural backup.
    So gas generation is going to be huge in South Africa and the early movers like KKO can really score if they play it right.
 
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