ewc employees - sengkang, page-17

Mont,

thanks for your valuable information. Much appreciated, as I could not figure out why the share price collapsed from around 70 cents in July to just 42 as of yesterday, given the absence of ASX news from EWC and the fact that, according to EWC 2009 Annual report and my more recent conversation with EWC board members, the Sengkang LNG facility (1st phase of 1mtpa) is on track to be commercially operating by June 2010.

Furthermore, the commencement of constructionn of the LNG hub in the Philippines is tangigble proof that EWC is on its way to becoming a signficant LNG player in this region.

This monkey is firmly staying in the tree!!!!