FEC Resources Inc. (FECOF)

[styl]

https://www.google.com/amp/s/amp.rappler.com/business/215445-dennis-uy-manny-pangilinan-pxp-energy-deal


Yesterday's news but still a good summary.
I wonder if this guy is already regretting the deal or if it's just a matter of weeks before the mutual agreement is signed or not . I'm a bit dismayed.

It just would have made more sense to have China agree to at least the mutual framework before allowing them to come I. For the big show to sign and agree to their toxic loans which will help infrastructure but will eventually enslave the ph citizens wealth and debt to china.
I'm Greek American and I have already lived thru this with the toxic German loans tied in with buying useless military equipment from Germany to get these toxic loans . Greece has that new airport for the last 10 yrs but Germany owns it for the next 50 years. I mean who really benefits with crap deals like that. Greece collapsed because of these bad loans and yes, some shady Greek govt lies too. .
Greek people are resilient especially when the Greek foct is using the American Greek to pay these crazy new taxes everywhere (real estate tax mostly) to recover their debts. Will the philipines be as resilient?? Greeks have been around for 10 thousand years.

Pxp needs to clarify what went down and what their expectations are going forward. There's more questions than answers here in my opinion