Moving forward

GGXers' have had a response from Dennis and while the length of time its taking on all fronts, the news is the team are sticking to the strategy that has been conveyed in the last few quarterlies.
Malalos is still very much on the table and they are still chasing a farm in partner. They have adjusted the terms and are in discussions with a long term investor. Sth Asia companies are interested but are not moving with any urgency. The depressed oil prices are not helping obviously. He confirmed our owned drill rigs can do the job, it's just the hole/drill technology that needs to be brought along.

France is moving at snails pace as the French Government don't see oil & gas exploration as a priority for any company, however it is progressing. Dennis has met with them recently. The enviro hurdles will also take time, so it could take up to 12 months for drilling to start once the licence has been approved. (This will most likely be subcontracted out).

As far as any talk goes on the company not continuing, that is not even a discussion point. As you are aware Dennis and the team have a lot invested, and will do what ever it takes to see this through. They understand they cannot keep asking SH's to dip into their pockets, that's  why they have invested heavily in the company to date.

To wrap up, they are doing what they can as fast as they can, however all situations are somewhat out of their control.
I've said before this is a bottom drawer job and that's where it will stay for the time being. I would suggest anyone with concerns talk to Dennis or attend the next AGM.
I'm staying in and not expecting anything to happen until the end of the year (IMO).
Please DYOR......