Im glad you agree that RIA has HUGE UPSIDE and I reckon that RIA's takes more than enough into account the issues it has, but given its risked value is currently considered to be atleast 10p (according to Investec), RIA is considerably undervalued. Investec reckons RIA is worth 39p on a unrisked basis. RIA recently announced a deal with VITOL worth more than $50 million subject to approvals of course. Thats roughly 8c a share to RIA with huge upside in the event of drilling success in Ghana and the Ivory Coast. With RIA at 3.7c today, there appears to be strong potential for a rally in RIA's share price.
