EWC

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1.2¢ energy world corporation ltd

I hope the truths this John Phipps uncovers are not too shocking...

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Clueless100

228 Posts.

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06/01/22

18:24

Post #: 58688491
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Originally posted by CheshireGrin: ↑

Happy NY, EWC holders.

So, PPA extension is very likely for 2022. I did mention about 12 months ago (based on known timelines and gut-feel) that the company was likely to remain "dormant" for the 12 months ahead, offering some opportunity to accumulate. I have a much brighter outlook for 2022 than 2021. Let's have a look at some of the events that seem likely to transpire in the world of EWC over the coming 12 months:

Extension of PPA for Sengkang power plant
Australian gas switched on
Pagbilao substation completion
Philippines power-plant completion, with hook into substation via transmission line
Philippines LNG hub

Risks? COVID, political disruption and resource availability for construction projects (people, land e.g. transmission line land purchase) would be the major ones for mine. Watching intently what happens with the coming election in PH.

Particularly hopeful that progress is in line with expectation with the likes of John Phipps now on the board, who I am sure is going to add some strong accountability on behalf of the sophs (and, by association, the retail investors).

If event half of these events come to fruition then the SP will look quite different this time next year. I'll revisit in another 12 months...

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I hope the truths this John Phipps uncovers are not too shocking but more importantly has a better idea of how to get out of the mess..Im told by
informed sources in the Philippines that the wheels started to fall off around 2011 and SE not being a flexible thinker had no idea what to do and still has no idea today...Holding an incompetent person to account does not fix the problem.
EWC Price at posting: 8.7¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

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I hope the truths this John Phipps uncovers are not too shocking...

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I hope the truths this John Phipps uncovers are not too shocking...

Top Stories

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NRW Holdings inks $109M deal with BHP for works at Jimblebar

Defence MOU for propulsion systems pushes Aurora Lab shares higher

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

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