Fracking Tech Play, page-6

Trying to get a gauge on what this thing could be worth and the figures are huge

SLCA.NYSE mines, processes, and sells commercial silica in the United States.
In other words, they're selling frac sand to the oil and gas industry. Market cap is $1.81Bn

CRR.NYSE would have to be our nearest competitor. They manufacture ceramic proppant to use in place of sand. Market cap is $700M

CKK's proppant appears superior to CRR's as the above table highlights, yet our market cap is $3.5M

2 huge catalysts then will be the successful production run next quarter, and more importantly fracking a well and proving the concept. If they nail both of them, then market cap of $25-50M based on the IP and technology alone seems reasonable (3.5c - 7c)

What I also missed from the presso was this:-


The MD is going to be taking a placement and also a "potential JV partner". Appears they may already have interest and are flagging it ahead of time