Yes Sav-J, still plenty of risk here for sure, but with small amount of shares on issue these could fly very quickly on a decent JV. Look at the movement in the options (RIAO) today for example. In fact my guess is RIA are intentionally structured for just this scenario. Secure a big deal and then raise capital at much higher prices thereby minimising dilution. Obviously with high O&G prices these deals are hard to come by these days, but I'll hang in there optimistically for the high reward. Management team is also interesting you should check them out.
I'll check out CTP thanks, try give KIK a look over.
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