So what is next for HIMR? Well, we should see th
Post# of 17862
So what is next for HIMR? Well, we should see the move to NorthCal's facility PRed fairly soon. We should also see the results of the study in an unspecified lake in Brazil (the first of several I would assume). Once the first lake study is complete, I would expect NorthCal would place it's first "firm" order for recovered timber, and according to the financials, this would trigger production of the first enhanced version AR120 TigerLynk system. In conjunction with NorthCal's first "firm" order, I would expect a partnership of some form announced. To give an idea of how quickly things might start moving, think about what other things should be announced in between the above noted PRs. Share reductions, and perhaps even more share reductions along with attainment of share reduction goals. The hiring of personnel and the purchase or lease of recovery boats used to ferry timber to and from mills. Finance agreements. The manufacturer of the AR120 and a timetable for delivery. What about the estimates of wood that could be recovered from the first lake, the second lake, and so on.
I am certain there are more items to consider, but the above is off the top of my head. So in conclusion, I expect a very busy nine months ahead for HIMR and investors. Keep in mind also, any major construction project using NorthCal/HIMR recovered timber is likely to be given a great deal of coverage and attention.