Pretty sure this JV in India is only the tip of the iceberg of things to come. One of the main selling points and costs savings of LWP's product is the fact that they can be produce it so close to fracking areas, hence zero to minimal freight costs involved. I doubt very much they will be producing proppant in India and then shipping it to the U.S. Therefore JV's/licensing agreements must also be in the pipeline in the U.S.
Slug
LWP Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
