RE:RE:RE:RE:RE:RE:LITERALLY & PORTFOLIO WISE, The Heat Is On !!! After the technology is proven ( which is a given considering they have already proven up the technology but on a smaller scale) I personally am hoping for a buy out. If you read an update from the company they listed all the applications the technology could be used for plus on a world wide scale there are many locations around the world with heavy oil that this technology could be used.
therfor there is no doubt in my mind the management know what this technology is worth.
so if a buy out was on the table an bare bones minimum would be 1b but a more reasonable price should be 2-3b and a top end might be 10b. Using those numbers and relating to share price with 100 m shares outstanding means our share price would be 10 dollars per billion. If we were offered 2 billion I would be jumping to the moon to get 20/ share, and in our wildest dreams if they sold at 10b = 100 / share
to hell with waiting 10 years bring on a buy out!