Similar to my estimates but this actually doesn't tell you much because you need to dcf the cash flows on sengkang lng from June 2015 to 2021. The cash flows on the power stations can be treated with a longer time horizon .. Say 10 years and then given a terminal value.
The risk of a capital raising (perhaps as high as 2 for 5 at 30c)in the next 6 months is very high due to the cost blow out at sengkang. By my estimate there is still 50m to 75m expenditure at Sengkang.
The other issue is the permitting problems being encountered getting electricity to the lng plant. This could be 6 months before it is resolved making the rights issue a dead cert.
Possible outcome, page-7
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EWC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.9¢ |
Change
-0.001(5.00%) |
Mkt cap ! $29.24M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.2¢ | 1.8¢ | $46.85K | 2.335M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 603480 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 1849678 | 1 |
View Market Depth
| Last trade - 14.28pm 02/12/2024 (20 minute delay) ? |
| EWC (ASX) Chart |
