My information is that in the 1st qtr 2007 there will be a lot...

My information is that in the 1st qtr 2007 there will be a lot to announce. The directors are all o/s putting together the power projects in Indonesia, Phillipines, India and China. In some cases it is only the paperwork left. They have hundreds of millions at their disposal and when they refinance Sengkang this will be much much more. The revenue stream in a few years time will be enormous.
Having said all that EWC will probably drift until the announcements unless Packer is waiting there in the wings to pick up stock being sold by the weak holders. It has to be remembered that after the Senkang expansion (which will happen sooner now that El Paso are gone) about $50m surplus from the trust account will be available to EWC after the cost of expansion. Then EWC will also have a revenue stream of US$45m/yr.
Hang on till the announcements sometime in the 1st qtr '07 and you will see $1 in the share price.