KKO 0.00% 6.2¢ kinetiko energy ltd

The south african gas cliff hysteria is really setting in!Just...

  1. 715 Posts.
    lightbulb Created with Sketch. 149
    The south african gas cliff hysteria is really setting in!

    Just google "south africa gas cliff" and you will be presented with more than a dozen articles/interviews describing the impending reduction in natural gas distribution by Sasol, as soon as 2026.

    I listened/read a few of the hits and discovered that Sasol is using more gas itself to limit the use of coal, as well as the Sasol Mozambique gas fields being depleted, with recent finds not enough to maintain the demand.

    I would have thought that there would be an urgent scramble to secure gas from KKO, seeing they are on Sasol's doorstep, but no - this is the ANC south africa - always fast asleep at the wheel - slow crashing into a disaster, just like Eskom and the infrastructure disasters (water supply and sewerage).
 
watchlist Created with Sketch. Add KKO (ASX) to my watchlist
(20min delay)
Last
6.2¢
Change
0.000(0.00%)
Mkt cap ! $88.81M
Open High Low Value Volume
6.2¢ 6.2¢ 6.2¢ $874 14.1K

Buyers (Bids)

No. Vol. Price($)
3 172462 6.2¢
 

Sellers (Offers)

Price($) Vol. No.
6.5¢ 30128 2
View Market Depth
Last trade - 11.53am 21/06/2024 (20 minute delay) ?
KKO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.