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Message: Kodiak JVs Otish

After a quick search on Kirrin, I'm a bit puzzled as to why KXL JVed with them. Kirrin (KYM.V) has ~17M shares fully diluted, which at their present price of 0.11 makes the whole company worth less than $2M. They have only a little more than $100k in cash, and liabilities that exceed that. I would have thought KXL would have looked for a partner with enough cash or credit to get a project into production, or at least to fund a much larger drilling program. What does KYM have to offer Kodiak?

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