Hi Mont , yes I heard the same thing , believe we are very close to a resolution which will appease both parties.
I noted some strange comments by Shamish & others digging up an old Bone Bay issue , from what I understood at the time EWC kept the shallow water play in Bone Bay but let the deep water go....I don't see an issue with this. Sengkang still has 5-7 TCF potential without any Bone Bay.
Why would anyone dig up an out dated report unless they were sweating on a short position...I note there are some large shorts in this stock , no wonder they keep trying to talk it down. If the BP Migas deal is agreed & TG HoA finalised this stock will be over a buck before anyone has a chance to hit the buy button...so talk it down all you like but watch out, we are nearing the end of a 2 year saga which will see value returned v v quickly.
EWC Price at posting:
48.0¢ Sentiment: Buy Disclosure: Held
