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Kinetiko Energy Ltd. ( (AU:KKO) ) just unveiled an announcement.
Kinetiko Energy Ltd has appointed Mr. Mxolisi Mgojo as a Non-Executive Director, bringing his extensive experience in the mining and energy sectors to the company. This strategic appointment is expected to enhance Kinetiko’s efforts to become a key onshore gas producer in South Africa, leveraging Mr. Mgojo’s expertise in dealing with government institutions and attracting domestic capital, thereby strengthening its market position and contributing to the country’s energy security.
More about Kinetiko Energy Ltd.
Kinetiko Energy is a gas exploration company focused on advanced onshore shallow conventional gas opportunities in South Africa. Their tenements are located near aging coal-fired power stations, aiming to provide base load power and act as a backup to renewables as part of South Africa’s long-term energy future. The company has achieved maiden gas reserves with positive economics and has substantial world-class onshore gas projects.
Average Trading Volume: 275,587
Technical Sentiment Signal: Buy
Current Market Cap: A$119.9M
Find detailed analytics on KKO stock on TipRanks’ Stock Analysis page.