Shamish , I refer to your info below:-
From an Indonesian source yesterday quoting an unnamed BPMIGAS executive -
The WP&B is conditional on approval of POD, BPMIGAS want better seismic info before granting LNG Project approval.
Is this comment ligit? Is it available anywhere? If it is true it is a very sad indictment on the EWC management & the way they have run their affairs in Indo. It would be a complete disgrace to have ended up in this position after 2 or 3 years of considering the LNG plant & I suspect we would see further disillusioned selling.
Sadly this stock becomes less & less investible as the days/weeks/months of waiting go on....no point in having a large possie in this one until they finally sign a REAL deal.
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