bpmigas meeting?, page-4

Nice one ifandwhen,

That's the way to kill our hopes and dreams.


It seems like you've been doing some research and it's pretty hard to argue with your logic.

I think you are part right when you say EWC's LNG Project was not even a blip on Indonesia's investment horizon but i think the potential partnership with Tokyo Gas may have changed that and at least BPMIGAS will need to address the issues involved.

I am assuming TG has a much greater profile with BPMIGAS than EWC. Despite EWC's many confident announcements over the years i don't think BPMIGAS had even heard of them till late last year when they signed LNG supply deals with PLN.
( Which BPMIGAS then forced them to rescind ).

I am also assuming Tokyo Gas did at least some investigation before signing the HOA and didn't simply sign up on the basis of one of Stewart's flowery presentations.

We still have some hope i think.

BTW .Does anybody else think today's trade seems a little Pump and Dumpy ?

regards Shamish