The Rising Influence of Rising Affluence

[styl]

You are absolutely right sir. In our valuations we already expect to see china take half, and yet , this sc72 is expected to be 3 times the size of a 150 billion dollar malampaya. Those are estimates from wetherford research. They almost started a war over this reed bank find!! So if it is 450 bil lifetime as estimated, then even if China takes half, and even after the ph govt takes its share too..... the rise from a 15 million dollar company upward to a 4 billion dollar company representing its fair value of 6.8% in forum shares is a huuuuve run. But I expect 50 cents when the reserves are"proven". Look at pxp energy chart in. The ph market. Ph:pxp. They are already up huge in anticipation around a 600 mil idollar market cap. But off its high of 45 pesos. From 6 years ago when the conflict happened. Since then pxp actually added another 20% more forum shares in their company in anticipation to getting this world discovery well drilled!!! Trading at 15 for pxp. And fecof in comparison is way undervalued compared to them.