Thanks for your comments. As at 30 June 2021, assets under construction related to the Philippines Power project and the Philippines LNG project were equivalent to USD545.6m and USD202.9m, respectively - a total of USD748.5m. That is an outrageously sized bet on two projects that may or may not come to realise the potential that has been sold to investors, with various reasons hanging in the balance. The comments around lack of secure demand at a reasonable price once operational are concerning. Meanwhile, if I am to be extremely cynical, the Elliot family continue to extract money from EWC through the payback of debt to Slipform Engineering International Ltd while minor investors are left wanting.
I have as much of a vested interest as anybody to see this project come to fruition, but I have found it pays to look with a cynic's view at times.
More sitting and waiting it seems. I am getting rather good at that with this investment.
- Forums
- ASX - By Stock
- Research on state of PH LNG
Thanks for your comments. As at 30 June 2021, assets under...
Featured News
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
Add EWC (ASX) to my watchlist
|
|||||
Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $27.71M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 0.9¢ | $1.154K | 128.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1274991 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 482607 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1274991 | 0.008 |
4 | 1047152 | 0.007 |
2 | 2250000 | 0.006 |
2 | 800000 | 0.005 |
2 | 650000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 482607 | 1 |
0.012 | 540362 | 1 |
0.014 | 252448 | 1 |
0.015 | 340001 | 1 |
0.018 | 273945 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
EWC (ASX) Chart |