Ann: Quarterly Activities and Cash Flow Reports, page-24

Hi Kat,
You say you know the operations and O&G sector well in that region, yet you advise ........."My feeling is that if there was any hint of oil there in any worthwhile quantity and pressure that local oil companies would of already drilled it, especially a onshore find close to infrastructure."

Not sure where your research comes from, but Malalos can extract a min of 200bopd . This has been tested.
The reason it has not gone ahead yet is the issue of fines blocking the drill. GGX don't have the technology or funds to continue, thus looking for a farm in partner.
In relation to assisting the local communities, GGX have already been supporting a local schools etc.

I'm surprised someone on the local board doesn't already know these details, considering GGX have been in Cebu for many many years?