FEC Resources Inc. (FECOF)

[styl]

wahoosier:

if we come up with the potential 6 tcf we still need to know the proven...........and then the recoverable rate after that,,,,,

all these numbers have huge variables, then also what kind of contract /agreement is given in hopes that fecof and fep shareholders wont be underminded by philex who is on both boards..... thats why its fair to say that fecof could be worth anywhere from ZERO if we go bust........to possibly a 500 mil to a billion dollar market cap in 5 years......especially if the 440 million barrels of oil aslo prove up.,,,,,,,,,,just my opinion based on extreme variables including all possibilities...
if fep is possible of getting to a 4 billion market cap in a malampaya type effort/success..........then fecofs undiluted stock of 25% will be 1 billion.

Can someone clarify for me if malampaya said they made 1 bil in revenues last year or was it 1 bil in profit?