Of course there is no terminal yet. As a shorter you are taking advantage of that and the continuing negativity.
My view is things always come at an educated risk, the terminal is taking an unbelievably long term due to so many hurdles along the way, however I think the company is ticking off the right boxes to finally get the LNG plant built and generating significant profits. In the meantime the shorters are winning.
It was just that WESTY made so many incorrect assumptions he basically blew up his credibility on all matters EWC.
EWC Price at posting:
31.0¢ Sentiment: LT Buy Disclosure: Held