Ann: Investor Presentation, page-6

Hey DB few things to consider here.
1/ Potential speed to market through a DSO model with no need to build processing plant.
2/ No processing means the CAPEX is reduced which alters the PFS
3/ The 'interested' party has said they can produce a superior product than initial testing putting it in a higher price bracket which again adds value
4/ We obviously will be doing an open book test here, so we get an lower price for the sand but make that back in royalties from high end product being sold.

I would absolutely expect them to turn down any offer that would reduce the PFS numbers. I would hope with the white sand only PFS plus potentially a DSO they PFS numbers are actually much better with a faster time to first sale.