What you say is true. But remember that if the CSG drilling indicates a good sized CSG resource over the next 2 months then OIP will rise (not as much as it would have without the GGX imbroglio) perhaps to a point where not even the ESG board or I&S can approve the merger. let's say OIP says that it has found a potential CSG resource of even 800 PJ (this is less than the size of the PEL 6 prospects IMHO) .. that's 200 PJ to OIP. If that gets the OIP share price up to 20+ and GGX does not also rise on its Philippines adventure (let's say it hasn't drilled by January) .... then the ration would be looking like 3 or 4 to 1 GGX share. That's what I hope will happen anyway.
H
OIP Price at posting:
10.5¢ Sentiment: LT Buy Disclosure: Held
