Saturday, March 05, 2011 6:32:47 PM
this could be a very valid reason why fep hasnt gotten any partner offers for 101 service contract......
what good is it if the philipines give the o.k. but its still in disputed waters......the philipines call it undisputed but what does china call it?
has this scenario ever played itself out with china and the philipines before? it could be devastating.
the lagoscon was good news pending " 2 or 3 weeks"........but i find its timing interesting , trying to balance out dangerous news with hopeful news, as china makes headlines pretty much disputing the reed bank.
whats the risk here? 50/50?? more? less?
whats the u.n.'s take on who owns the rights in those waters?
i dont think i'm the only one who had his stomach turn on this investments new risk. i think one article pointed out a similar situation in the 80's that was just not pursued because of the dispute.......this alone could be reasons why large investors stayed away from this for so long. and a confrontation only makes it worse.
glta
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