Ann: Half Yearly Report and Accounts, page-12

While the rigs can be a benefit for exploration, I believe they would be relying on a farmin partners own gear given the drilling technology they will need. As Joey said, there is technology out there, it's just a matter of finding the right partner to take on the challenge...... This would slow down the cash burn if someone else was funding the drilling for a share of the GGX tenements.

Yes Rony, Dennis and the team must have pretty large gonads, sinking the amount of money they have into this. Let's all keep in mind, if GGX was to go down (Which is unlikely IMO), then they stand to loose a hell of a lot more than anyone on HC (IMO)......They are getting paid in shares, as well as loaned the company money. Imagine the pay cut they have received from the 11cent highs !
Fingers crossed for some form of good news soon...GLA...