Ann: Annual Report to shareholders, page-7

We all share your pain Emusan........
I guess I'm still hanging in there when I look at what the directors are doing to keep GGX afloat, they have far more to loose than my little holding.
* Loans totalling over $8.7m to the company.
* Deferred their director fees for another year.
* Between them they hold over 350M shares, that would be worthless if the company went under.

There is enormous money tied up in the above........

Fingers crossed the Philippines Gov approves the extension, at least this will give GGX security when looking for a JV partner. I truly believe they know where the sweet spot is now, just need the licence and funds to drop the drill down there.......
Lets hope the French courts rule in our favour, and the Gov have to pay out the Penalty... That has accrued to around $1.3M AUD to date. That would be a nice kicker to the kitty.

Anyway, back to hibernation until the next update....... GLA......