You’re making the wild assumption LWP have a tangible product to show customers/licensees/the general public.
I’d assume the conversation with all the ‘renewed interested parties’ is conceptual.
They could ‘conceptually’ produce fly ash proppants.
They could ‘conceptually’ produce these proppants in volumes suitable for down hole testing.
They could ‘conceptually’ show the efficiencies in using lighter proppants.
Management have failed to go beyond lab scale production, they failed to demonstrate the dollar savings beyond their own assumed numbers, they failed to promote the ‘concept’ at local and international mining events, they failed to adhere to listing rules, they failed at calculating VWAP, they failed at picking speculative stocks, they then failed at seeing through their very own playbook and not rejecting a graphene battery ‘concept’.
There is NOTHING that will make LWPs ‘conceptual’ proppants marketable - regardless of oil prices, well numbers or new Management.
Add to My Watchlist
What is My Watchlist?