EWC 15.8% 1.6¢ energy world corporation ltd

Hey Mont, Johnson,Mont i guess my concerns over Sengkang LNG...

  1. 481 Posts.
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    Hey Mont, Johnson,

    Mont i guess my concerns over Sengkang LNG aren't from a technical perspective, I've always liked that side of it.
    I think i'm losing a bit of confidence in the company because of the unexplained delays.
    It does seem a bit strange that a company can spend over $100mil on capitol equipment with a leave time of 20 months and then not have the land or liciences in place when the equipment is ready.I never understood why the site land wasn't purchased 12 months ago.

    Anyway , there may be good reasons for the delays and i note after my post yesterday the sp rose again on a down day so someone seems to be confident.

    Johnson , Abbot Point is already a coal port. My point is no-one in the local area or business media is giving the EWC LNG project itself any crediblity.

    Regards Shamish

 
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