Bakrei Bros. like Sengkang gas, page-15

STX had already written it down in last years accounts. It is positive for EWC in that it delays further any rehabilitation costs, and potentially gives us exposure to new technology, not to mention that, if successful, it opens up huge opportunities. Downside is the drain on cashflow if we choose to continue and no positives are realised. Announcement says it's all subject to third party approvals - I'm assuming EWC is one of them. Interesting that they were not mentioned, so it can't be a done deal, or wasn't yesterday anyway. I like it. Have a crack at it.