That's a great article.
I think there are a couple of catalysts that lay in waiting:
- The SA Government's Gas Master Plan and the Gas-to-Power IPP Programme - Will either come out to reference onshore South African gas as being integral to the plan, will it mention KKO directly?
- Those wells that were drilled this year, and did not form part of the Sproule report, need flow testing - With positive results, how long until they are added to our certified resource? more gas should = higher SP.
- Executing agreements with IDC - I note KKO had only agreed a non-binding term sheet as of its announcement to the market on 22 August 2023. This equates to a AUD52m cash injection for 30% equity of the 50MW "Block 1" development planned to take place over the next 2-3 years.
I don't quite understand how all this positive news and continued progression of the project/company hasn't seen the SP trend up to new resistance levels. As has been said before, this remains one of the most undervalued stocks on the ASX.
- Forums
- ASX - By Stock
- KKO
- News: KKO S.Africa's gas master plan ready, official says
News: KKO S.Africa's gas master plan ready, official says, page-10
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KKO (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.5¢ |
Change
0.001(1.35%) |
Mkt cap ! $107.4M |
Open | High | Low | Value | Volume |
7.5¢ | 7.5¢ | 7.5¢ | $1.875K | 25K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 7.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.071 |
2 | 44270 | 0.070 |
1 | 50000 | 0.066 |
1 | 200000 | 0.064 |
1 | 200000 | 0.063 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 25000 | 1 |
0.085 | 4790 | 1 |
0.090 | 100000 | 1 |
0.094 | 225000 | 1 |
0.100 | 143623 | 3 |
Last trade - 10.04am 26/07/2024 (20 minute delay) ? |
Featured News
KKO (ASX) Chart |