Yes Mitchdon I've been in this cursed thing since 2005. The...

Yes Mitchdon I've been in this cursed thing since 2005. The initial sprook back in the day was 2mtpa by 2009 and 5mtpa by 2011.
Elliot's BS drove the share price to a peak of $1.47 early 2008 apon which he did a cap raising for 1.20 and all that got built was the steam turbine at Sengkang and bugger all happened after that until late 2012.

What Elliot didn't disclose was the project in the Philippine's had been blocked since 2006 by powerful competing interests until recent times and BGMigas in Indonesia had blocked gas allocations since 2009 which infact powerful local interests were behind from day one.
It later morphed into a bogus forestry issue and a myriad of local political fracases all of which barred any sort of project finance and license to proceed.
None of the above was ever disclosed by Elliot and the punters on Hotcopper had to find out for themselves from local sources.

One would also have to query if the current liability owed to slipform is gosha but there is no way of knowing until an audit is possible.
However this undisclosed security of 110 million Slipform had over the assets is rather telling but will keep my suspicions to myself for now.

You may be right in that Elliot may finally be aligned with the retail holder and will go down with the rest of us but I suspect past few years there was some attempt to build a life boat for Elliot and co with the view the ship will most likely go down leaving the rest of us to drown.

In between the above chronology every word Elliot has uttered has turned out be false and the retail and intuitional holder alike are only cattle to him.
I cant blame anyone for selling at these levels while it trades as up until this moment we have been had for mugs so why would that change.