Actually Moneywise, it is already starting to see light.
- Ebitda of $US105 million per annum.
- Finance and agreements in place for Pagbilao power plant (finally!!), completion due in March
- Asset backing of 29 US cents (41 Australian cents)
Still to emerge but major progress has been made on Pagbilao LNG import facility and Sengkang LNG plant.
Great buying opportunity at current share price, as long as the shorters continue to be happy to give away money.
EWC: Flying under the radar, but still discovered, page-8
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