FEC Resources Inc. (FECOF)

[styl]

I question if pxp can easily give us shares in conversion with their majority philipino ownership rules. It complicates the entire damn thing. I'd rather take my cash and buy apx which is clearly more of a value than pxp. Although if they up their stake with another 6.8% of forum thru our stake buyout, it wouldn't be bad as pxp around 15.