FEC Resources Inc. (FECOF)

[styl]

according to those figures

theres roughly 33.5 million shares of fep according to their website

22 pence plus 126 pence is 148 pence

150 pence is converted to 2.44 us dollars http://coinmill.com/GBX_USD.html#GBX=160

33.5 mil shares in issuance x 2.44 us dollars = 81.74 mil

and on the high end they said 700 pence <if we get to 8 mmbtu> so

33.5 mil x 11.4 us dollars is 381 mil

so fecof gets 25% of 381 mil according to edison research?? a 95 mil market cap? best case scenario and nat gas is 4.6 not 8 right now?

natural gas prices today are 4.6
http://www.eia.gov/oog/info/ngw/ngupdate.asp

if this is correct then ive been holding way more risk then potential reward....<which i thought was the other way around>..... I hope theres a mistake somewhere there.......doesnt make sense or weve been doing the wrong calculations on this from day one.
is there a difference between mmbtu and mscf?