My only response to this is that MW is making the same mistake you dopes are making, i'm talking to you Palm..
He is confusing a private company EWI with a Public Company EWC , any related party EWC/EWI transactions stated by MW are already listed in various annual reports as EWI is the vehicle which S. Elliot used first to save EWC and now to hold his investment.
EWC is not involved in stated Jamaica or PNG ventures in any capacity , it is EWI and any future fanciful joint arrangements exist only in the imagination of some business journalists and over-enthusiastic shareholders.
As for the allegation - "There is no doubt though that EWC aggressively over-promotes the status of its other assets"
EWC is guilty as charged , this mob are as biggest mob of wankers as has ever graced a Boardroom, Toyko Gas , PNG LNG, PNG Power, Abbott Point , Gilmore Gas Pipeline, HK Listing , Phillipines Power .. what a laugh. If you know the history of how these projects have been both publicly and privately promoted by these tossers you couldn't help but smile.
To date they have completed a Power upgrade at Sengkang , successfully managed Power and Gas operations at Sengkang, apparently started building an LNG project at Wajo and scraped some dirt around in the Phillipines on S. Elliot owned land. After these stellar results the Board granted themselves massive pay rises this year, go figure.
As to the future for EWC , I predict most projects will be completed within the next 12 to 18 months. No , seriously...
EWC Price at posting:
45.0¢ Sentiment: None Disclosure: Held