EWC 0.00% 2.0¢ energy world corporation ltd

reasons for recent share price increase, page-6

  1. 108 Posts.
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    Dear fellow shareholders, just on the EWC/EWI it is my belief that EWI is a private company owned by SE ,it is the largest shareholder of EWC approx 35% . It conducts managerial processes and tenders for EWC for which it paid for by EWC. It is a private company so it is not required to report to the ASX and as such it can tender for projects without reporting publicly and if successful it may delegate the project to EWC ,that is my understanding.
    Next point was Michael Wests last attack on EWC about the Helicopter changing colours,well they were actually move in 3 helicopters,so much about checking your facts.
    Shareprice since June, Macquarie have been net buyers of 29 mill shares, are they buying for Chandler or another client. Under the 3% per 6month rule Chandler since June is able to buy again.(I'd like it to be a new buyer!)
    The money raised from the Standard Chartered placement is sole for the Philippines.
    The tank construction is more advanced in the Philippines than Sengkang.
    Both 200MW turbines have been manufactured or almost for the 2nd. The first is being readied to be shipped now.
    Steam turbine upgrade on line commercially within a month.600 workers on site,most will then move to Sengkang LNG terminal ,with the 200 workers currently there working 24/7 .
    The drill rig has been sourced and mobilized to site for the drilling of the 1st of 4 to prove up the WASBO field ,drilling starts in about 2 weeks.
    Google Sengkang LNG terminal go to Jocqin Kent and see the new pictures of the LNG tank and base foundations and crane placement.
    BA in PNG 2weeks ago reason unknown but obviously on business. Cheers Doc

 
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