That's a great article. I think there are a couple of catalysts...

That's a great article.

I think there are a couple of catalysts that lay in waiting:

1. 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?
2. 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.
3. 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.