I think most of us, who have been invested in this company with open eyes (I started my EWC portfolio in 1996), concur with your assessment of what Elliot, Chandler etc try to do. The question that comes to mind relates perhaps more to whether or not the Indonesian authorities will let EWC export all this lng, once the modular trains are commercially operating.
From repeated statements by Stewart at previous AGMs, namely the EWC is very happy to supply lng to the Indonesian domestic market, I would certainly appreciate your reasons for your assessment that EWC is trying to export most of the Sengkang produced lng to eg. the hub in the Philippines, (incl. the requirements for the 600MW power station), the lng hub and power station in Sri Lanka?, and the Jamaican power station.
You may not only be smarter than me, but, more importantly, you me be much better informed than me.
Looking forward to your well informed comments.
EWC Price at posting:
45.5¢ Sentiment: ST Buy Disclosure: Held
