Warrior, really depends on the deal they strike, there are many options in getting a partner on board.
Either way, as long as the deal still allows GGX to be the majority Interest, I dont think you will see the SP sub 2's for very long. These prices will seem like a missed bargain if people don't take advantage of them now.
We have to remember, there is plenty of oil there, Just need some bugger with the gear and technology to get it out, and away we go......
One final thing, we also have the 2 drill rigs on site that we own, so bringing someone else on board will allow us to sell these to put cash in the bank, assuming they aren't required. (Or sell them to the newbies),,,
A few more days and we should know... GL
GGX Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held