contingent oil resource best estimate 12 mm bb, page-2

Omfg.

4-42 MILLION BARRELS OF OIL, plus other, larger anticlines to target.

We get $3m of working capital, and we are set from here.

It's been a tough 12 months, people here have had their doubts, dare I say it, some have no real conception of the difficulties we've been faced with, and yet, on a shoe string budget, have overcome to get to where we are today. Absolutely a Herculean effort by GGX.

I suspect current holders will opt to buy from the CR so any further buying must come from new holders in the short term. Plus I suspect current holders will sell some to cover the cost of their new CR shares, astute investing 101.


Fear not for the short term SP, we are starting to look like the contenders we dreamed of as we initially invested our hard earned into Dennis' Phillipino vision.

Long term, I feel we are well and truly set. What a day, what a week!! And there's still GAS to come.


And still massive reserve targets to come out of France.

Wooohoooo!!!!!