The recent announcements that the IDC will be investing as a shareholder, anteing up R70-million for a 45% share in an SPV with a scoped framework, on top of a R10-million injection from Phefo Power, to speed up the development of the Kinetiko Energy / Afro Energy gas find in the Amersfoort – Volksrust areas of Mpumalanga, should be seen as a positive step, but is it enough to set the ball rolling?
More gas, less talk, more action
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- Appointment of Mr Mthozami Xiphu as Bastion’s Chief Operating Officer
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