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Re: edward1981 post# 9809

Saturday, 04/28/2018 4:42:09 PM

Saturday, April 28, 2018 4:42:09 PM

Post# of 12368
If it's 5 billion specifically for all of forum shares controlling 70% of sc72........ then fecof gets almost 7% of that which is 250 million market cap. Divided by 409million shares of fecof, is roughly .61 cents.

I only see a 20% chance of that now.... but let's say we drill inroughly a year and confirm at least 5 tcf, then a tender offer from Malampaya jumps to an 80% chance likelihood as they are looking to expand too. We might be trading there regardless after we drill, bit with buyout offers. You are pretty much getting the full price of your stock without the volatility of heavy profit taking dragging it back down.

It's not a rumor or anything I heard. Just analyzing a likely way it could possibly play out. Just a theory.

Invest at your own risk I'm not a financial ad isor. Lol