minus 30 million ev, page-3

As we know, WEC have quite heavy cash burn in five countries and the Bayan court case due in Singapore this year. Some directors have problems related to the Cascade Coal affair.

As mentioned often, WEC have no mining related income only sheep and wool sales from Ingomar.

Investors see a lot of worry in the company and dollars dropping in the fire.

Stock could fly however:
1) If the Bayan matter is resolved and White Energy given $30mn or more.
2) The coal fines reaching production in South Africa would be a good plus.
3)Sales of coal from Phillipson to South Australian Power Stations.
4) A partner in oil from coal at Phillipson.
5 -7) There's also China and The States interests, and the Appalachian Coal mine purchase.