That would all depend on what NorthCal intends to
Post# of 17862
That would all depend on what NorthCal intends to do with their own company --- will they stay private or go public? However, to answer your question more directly, we will be paid a premium for our shares. Typically, a 30% or more premium to current market prices is paid in a buy out. So, to put this in perspective, let say HIMR releases news confirming their move to NorthCal and the purpose of this parcel next to NorthCal's facility --- I would think HIMR stock would shoot up. Then another press release comes out indicating contracts were signed for logging would in Brazilian reservoirs --- once again, I would think HIMR stock would shoot up. At around the same time some news should be released regarding the AR120 and its availability --- this too I would think would drive HIMR stock up. Finally, a formal business relationship announcement regarding NorthCal and HIMR --- stock goes up again.
So if or when a buy out is suggested, we would already be much higher than today, and one can figure a 30% premium to those prices.