ajqo - dead?

Obviously whether the options can get in the money depends a lot of activity for this year and also any CR or JV. We only have 8 months to go and it will arrive very quickly.

The other post "2014" is good one in terms of discussing the likelihood and timing of a JV and/or CR, but I was wondering more exactly what we'd need to expect/get in order for the options to be of any value.

For example, would a raising at 20c now completely destroy any hope of getting the options in the money?

Could the heads realistically be over 50c by August given we haven't looked close to hitting that target (at all) since IPO (nearly 2 years ago!).