Some good points Darkness....
My take is I believe Philippines will extend SC44....
We have to consider if they cancelled SC44 on GGX, then they would want someone else to come in and drill, as long term Malalos is worth a pretty penny to the Cebu economy, so why kick someone out, and have to start all the process again with another company....
I'm sure they would put some pretty hard and fast guidelines around GGX to continue, but I believe we will have one more shot at this...... I think Dennis and the team are that far into this financially, they will fight as hard as they can to extend the contract.
I could be wrong and have no hard facts, but for all the long termers, I truly hope we get a green light....
The only issue left if we get the green light is cash, cash cash !.... I'd even vote for a dilution with some sophs, just to get the bloody thing going........
All only IMO of course....
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Some good points Darkness.... My take is I believe Philippines...
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