RE:RE:yes and no ...
I would like deep pokets as well, however, CGX is an exploration company at its core. They explore - find commericial oil - then either sell or partner for the next phase. Because CGX already has the agreements in place to convert to oil generating/revenue, it would be an easy sell because the risk is mittigated. Plus, we'd finally be in a negotiating position of strength.
Remember our last partner with offshore experiance screwed us ! I don't know if Perex will be our partner. And I don't know if I'd rather have a partner I could trust and would probably be meticulas offshore becuase of their inexperiance vs. someone with a proven record that's not trustworthy !
And our 22 year story continues.