Stranded? Maybe Pokermanpat, however I think EWC is unlikely to...

Stranded? Maybe Pokermanpat, however I think EWC is unlikely to be stranded given that they have a cashflow of approx. $US80m per year.

Based on the stated finance requirement of $US150 + $US80 to complete Pagbilao power and Hub projects, this would mean if they didn't manage to draw-down loan and Stewart Elliot ran out of money, the projects would come on-stream by December 2018. Revenues would take-off once these projects come on-line. However this seems the likely worst case scenario and its likely a loan draw down will occur and SE will put more money into these projects.