I think too much risk signing an offtake agreement with a Chinese
customer, if their government chose to target silica sand imports.
I prefer VRX's stated intention to sign an offtake with a Japanese
or Korean client. Makes better business sense too if the sand
pricing is higher in those two countries is significantly higher than
that China, as suggested in the IMARC report (~20% to ~60%
higher sand prices).
All IMHO, DYOR
I think too much risk signing an offtake agreement with a...
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