re shoot seismic ?, page-12

Hi Mont,

I'm afraid i agree with Palm Tree.

New Guinea, Phillipines, Abbot Point etc are all in the same boat .

If these guys can't get Sengkang LNG up after 3 years of unwavering spruiking and where they already own power and gas assets less than 100 km from the LNG site, it would be a brave man to continue to trust them to ever achieve anything.

As recently as December we were told to "expect good news by the end of January11" and now the insider news seems to be "forget about Sengkang LNG we have these other exciting projects now"

It worries me that insiders such as yourself are now suggesting a future for EWC without Sengkang LNG.
Really ? after 3 AGM's and countless reassurances that everthing is on track - these guys will have an even larger well deserved credibility problem.

As Delinvestor said , no one believes anything these guys say now, the status of the Phillipines and Sengkang Projects are impossible to independantly verify and Interoil is at least a 50% chance of being a beat up according to US reports.

No wonder Packer bailed.