Sweet, wasn't the cost of the high-end ceramic around $0.18 so that would mean this stuff costs around $0.09. (Financial modelling indicates manufacturing costs of LWP’s low cost fly-ash based proppants could be 50% lower than the manufacturing cost of LWP’s high end ceramic proppant.)
Ann: LWP Independent Test Results Low Cost Proppant-LWP.AX, page-5
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