There is no point thinking about drilling when there is no exploration licece to drill on, no funding and no reasonable prospect of ever obtaining funding.
The next point of interest is to see whether EEGC/Mal proceed with this ultimately futile trial. Mal has a long history of not following through on his pre-court date blusterings. (Remember your run in with Pasminco in which you were the plaintiff, Mal? You folded your tent like the Arab and silently stole away.)