oh dear, page-12

I wouldn't worry about it PT , it is a fact Chart have built the modular plants and been paid for them, you can check Chart Annual Reports or some of their conference calls.

It is a perfectly possible theory that EWC have been hindered by various political factors at Sengkang, Indonesia despite hugely overpromising for years.
It is a fact EWC have existing assets at Sengkang so it is reasonable to believe these can be further developed to lead to the modular production of LNG.

It is also a fact Richard Chandler has chosen to invest massively in EWC and Interoil so there must be some chance of progress in PNG.

Panning EWC is an easy argument for MW to make given EWC's history but being right in the past doesn't make him right about the future, Chandler's money gives a degree of confidence.