short term price catalysts, page-12

If the news is positive i.e. contracts are signed then that is a massive validation of the technology and the business model by major players in the industry. It will provide a clear path as to future profitability growth. The market will then be able to see an emerging EBIT of at least $100m pa being with further international growth thereafter.

How much the price will react is the million dollar question. The fact we are in a bear market means the response will not be as great as in a bull market. We will probably still get there but it will take longer i.e. profits will have to be seen before full value is attributed to the stock.

On the other hand if the news is negative then the converse is true. The major players will not have validated the technology and the business model is destroyed. The Australian ops. and their profit projections will then be in serious doubt. In this scenario I would be very surprised if the price did not tank significantly. Silica will not be able to save the stock - certainly not in the short to medium term.

The other scenario of course is no news. The longer there is no news the more doubt will creep in and the more likely that the eventual news will be negative.

We have reached D Day people. Time for talking is over. We will shortly know whether we are sitting on the next big thing or if its another one to put down to experience.

For what it's worth I'm busy buying stock so the news better be bloody good.

DYOR and be careful.