EWC 10.0% 0.9¢ energy world corporation ltd

Ann: Company Update, page-11

  1. 90 Posts.
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    So probably no news and continued suspension until 30 Sep 23 when the audited accounts are due. Not really expecting it anytime before then. If its on time at least would be a small win. Also gives them a bit extra time to sort a finance deal through Landbank.
    Best case scenario, is the quarterly comes out, the audited accounts will be good, hopefully some positive news about finance, an updated timeline to get these bloody projects finished, plus some debt paid down with the sale of the power plant and some income from the interim gas sales. Even better a long term deal struck with PLN for gas.
    Likely outcome, shares stay suspended, audited accounts dont get submitted to ASIC in time, then we get another excuse letter.
    Let's hope for the first option.
 
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