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Re: eom7 post# 4786

Wednesday, 09/14/2011 9:06:18 PM

Wednesday, September 14, 2011 9:06:18 PM

Post# of 12369
sounds good....... I think the best news to keep this price moving will be if china comes out and publicly anounces they wont mess with recto bank and that it clearly belongs to the philipines....hopefully coinciding with news that the latest survey was reconfirmed......maybe a pop to 15 cents...........and then the first successful well drilled?? pop to 25 cents?..........and then from then on it would be the barrels of oil being pumped out to start repaying its loan....or how close the 3.5 tcf is in its production........But most importantly it will be on how well of a deal and how much of a cut of their own sc72 will be given to the big boys and how much left for fep..and then once again divide by 4 for fecofs 25%..........Malampaya makes me salivate....but if they <fep>are left with just 10 to 15% of that sc72 contract....then fecof shooting to hyberbolic 1 and 2 dollar range wont happen........maybe 40 cents a year from now? trying to be conservative....any thoughts?