Flatchat,
The information in your post is incorrect. GOP have already paid the 5.7 million to BAS as operator of Gilbert drill. Their cash balance after this payment is 5.4 million. Even if Gilbert is a duster they will have 60 million shares issued and 5.4 million in cash. I hope you know more about EBR than you know about GOP.
Regards, OP
GOP
gippsland offshore petroleum limited