On 20 Jul 2015 LWP announced it had entered into a JV agreement, which subsequently turned out to be a Heads of Agreement and the JV was signed in July 2016 and is still subject to pre-conditions.
Milestone 3 required:
- the JV with a third party with appropriate funding approved to manufacture a minimum of 10,000 tonnes per annum of proppant.
Still can't see any evidence of this being achieved.
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