FEC Resources Inc. (FECOF)

[styl]

some history of where we were, how we got here, and where it may be going<I dont know how old this article is/theres no date on it>.......a key line in this article is quoting Pangilinan as saying " a modest piece of this project" to get the 5 billion investor/head contractor is worth it, has me guessing HOW MODEST? is he talking 10%.....5%?
lets just say its 10% for arguements sake<if its 5% then just halve the numbers>...........10% of a project that is ponying up 5 bil means one perspective is that 10% represents 500 million of its share in that project.....i think it took malampaya 3 years to recoup its expenses and had pretty much clean profit after that.
so if fep.l gets that 10% stake without ponying up that 500 mil for investments, then in one perspective fep.l is worth 500 mil and fecof is worth roughly 125 mil when that deal is done.......roughly 25 cents......if its 5% than its worth about 12 cents.........just another way of looking at things..........like looking at BOOK VALUE or CASH.
ANY IDEAS WHAT YOU GUYS THINK THEIR MODEST % WILL BE?

anyway , below is the link to the article with some nuggest of history, connections, and past quotes hinting to future outcomes.
http://koreanewsonline.blogspot.com/2011/09/philex-petroleum-shares-bubbles.html