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Fly ash Battery for LWP, page-27

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Zorba77

814 Posts.

12/06/16

12:41

Post #: 18016564
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Originally posted by Davy Boy ↑

Hi Zorba. Yes the registry is big but LWP have put their case about consolidating.. most times it fails unless there is really great news pushing it.
The problem with the roadshows is they were trying to sell the high strength proppant which the market for has disappeared and LWP are clearly aware of that fact. I took 2 black eyes from LWP earlier on but I do think the tech has merit. If they can get the cost down a bit more on the low strength proppant and compete with frac sand in the US then I do think it could be game on. All it will take is one of the big proppant manufacturers in the US to sign a deal and we will be away. As you probably know there are ceramic proppant factories in the US that are all but idle. It would not surprise me if they can produce a ceramic that can compete, that the obvious step for a large proppant manufacturer would be to buy LWP tech outright. AIMO DB

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Yes agree with you
Long suffering holders would be very happy with such a result

LWP Price at posting: 0.6¢ Sentiment: None Disclosure: Not Held
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