O'Neill visit to Sengkang; EWC presentation

[Palm]

EWC released a new presentation yesterday which was shown to shareholders at their AGM last week.  Most of it is on O'Neill's visit to Indon to see what all EWC is doing there.  Pretty impressive.  Those who say EWC is not able to get financing for its projects need to look at the extent of what EWC is doing; not only in Indon, but The Philippines and Australia.  Major infrastructure for LNG, power plants, gas fields, electric transmission lines, etc. (see slide 7). Has to be coming from somewhere.  And it's not just equipment sitting around; lots of construction.  Pretty impressive.

http://www.asx.com.au/asxpdf/20121126/pdf/42bgrcprfyy9ch.pdf

[Palm]

BTW, slide 8 shows some specs on Sengkang LNG; 2 mtpas and the 4- .5mtpa cold boxes from Chart are shown in the pictures. Remember the whack-job article the Aussie reporter did a while back saying EWC was a scam, and "where oh where are the 4 cold boxes"? I think we just found them safe and secure at Sengkang. They can churn these out one every 6 months.

[admin]

It is amazing what these shorts put out:
- EWC is a scam
- IOC's wells will implode
- The govt will just take half of E/A without paying anything
- Ant3 will be a water well
- The Gulf was highly explored

Etc. etc.

They're just scam artists, but I guess no matter how byzarre their claims or how they are disproved, seeding doubt is already enough to do damage

[sageo]

Admin --Good AM to you,sir. With our current politicians, the "truth" is what they say it is . I believe our scammers and manipulators are of the same mind-set . They also want us to believe the "truth" is what they say it is ! (Wow- 2 sentences ending with the word "is"  My old English "marm" would be shocked. I guess these guys just quit won't quit until the real TRUTH  wins out !!! GLTY.