FEC Resources Inc. (FECOF)

[styl]

So the 60/40 split is ph 60%? China 40%? I assume that but wasn't clarified.

If they find 10tcf in sc72. ... an extra 10% for ph is a big deal compared to a 50/50.


If it's 20 tcf. The high end expectation. That extra 10% is almost another Malampaya. There's lots at stake here. With the arbitral win he could have had the USA navy protect them for a 100% ownership. A 70/30 split would have been a more nogotiatiable number to start with. Deterrent has zero negotiation skills. He needs a few lessons from trump.