Quite amazing that EWC directors have not informed the ASX of the contract they now have in place with Arup Energy for the Engineering Services for their LNG Plant. To me this would be an important annoucement as it would give credit to fact that things are moving forward at a quick pace. However, they are spreading the word thru the different media publications which eventually gets read by most.
Looking forward to see what other gas fields they come up with to supply sufficient gas to supply the 50m tpa of LNG into Asia as they have stated to Upstream.
Others are talking about EWC shares being $20 to $50 in the future, I won't dispute that call, however I am pretty sure that with the way the financial markets are at present we will see then at $10 a lot quicker than most other shares can gain $1.
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