Yes I do agree that the possibilities are seemingly endless, I do like your scenario however if you read the previous announcements Dennis and his team are clear that in the event of a deal being cut during the rights issue then the JV $$ injection would be added into the bucket for further projects viz France / working capital etc.
What we do know from the YouTube videos posted on the GGX webpage is that the gas flare and swabbing operations are real which leads me back to my earlier assertion that the team is pausing to consider alternate methods to extract the oil.
DYOR.
GLTAH.
HW
GGX Price at posting:
2.7¢ Sentiment: Hold Disclosure: Held