I've put together some interesting projections.1.45b shares and...

I've put together some interesting projections.
1.45b shares and $400m profit for each 1mtpa LNG sold(numbers presented at last years AGM)
end '08 Sengkang profit 80m eps 5c -- sp 1.00 (pe 20)
end '09 +2mtpa LNG 800m 61c 12.20
mid '10 +2.5mtpa LNG 1080m 74c 14.80
end '10 +3mtpa LNG 1280m 88c 17.60
mid '11 +3.5mtpa LNG 1480m 1.02 20.40
end '11 +4mtpa LNG 1680m 1.16 23.20
mid '12 +4.5mtpa LNG 1880m 1.30 26.00
end '12 +5mtpa LNG 2080m 1.43 28.60
mid '13 +50mtpa LNG 20080m 13.90 $278

The last figure represents EWC's stated aim to be supplying 50mtpa of LNG to Asia within 5 years using Seng- kang's reserves and stranded gas reserves in Australia, Asia and the Middle East. Also once the LNG plant is built they stated that 500mtpa was planned to be added every 6 months.
These are only numbers based on their stated intentions and do not include the Phillipines power station to be built, other projects, or a pe greater than 20 based on potential. I don't know about you but these projections are mind blowing and it only requires time unless the global financial world crashes in the meantime. A takeover is unlikely as Stewart owns over 50% of the company. I look forward to receiving $10.00/share dividends around 2013.