EWC energy world corporation ltd
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I understand the mediation is over and we will know the result...

  1. steve50
    374 Posts.
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    24/03/06
    15:50
    Post #: 1453555
    I understand the mediation is over and we will know the result after the court hearing next Thursday. If they get the result they want EWC will buy El Paso's share of Senkang for about $100m. (there are banks already keen to finance). They can then refinance Senkang. (There is currently no net debt on Sengkang.) The expansion will commence immediately and they can use the new capital to pursue their mini-LNG projects.
    The future looks good for EWC.
    EWC Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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