Yes new management and new technology. I have read up on Proppants. They are the main consumable in gas franking and this new technology. With $1m to $5m used in each hole. The US fraking industry has grown from $4billion to $20billion in the last 4 years. lots of demand for this product.
Coretracks new tech makes them differently they are cheaper and stronger and lighter so less down hole chemicals are required and cheaper on transport etc.....
They market is controlled buy a hand full of $500m to $1b valued companies. They will not like a small company having a better product they will put them out of business. Hear comes a take over or a major new producer in this consumable product.
Time to squirrel some of these away as they are now building the new up scale plant in Qld.
Proppants, page-4
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