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Re: irishintelligence post# 7889

Monday, 03/13/2017 1:44:30 PM

Monday, March 13, 2017 1:44:30 PM

Post# of 12369
you are missing quiet a lot , a few years ago when FEC held an exploration contract only and it was then converted to SC72 the share price went to 8 cent for that alone, only around 8% of the territory that FEC hold a service contract for has been mapped , Edison produced a report based on the seismic for this and valued shares at around 7 bucks per share providing seismic were accurate , we have been diluted since then, but [ and one can only guess] but a JV with CNOOC and lifting of moratorium will have a massive effect on share price , certainly multiples of the 8 cents we saw when SC was granted............IMO
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