The chances of getting a US JV are 0%
The chances of getting any JV are 0%
The chances of ever producing proppants are 0%
Don't be mistaken, management aren't just a blundering team of fools....they know exactly what they are and are not doing and have fudged so many things and always manage to get off scott free. They have snaked their way around announcements and all the while they are sitting on unbelievable salaries.
That is their end game, to stack up their own savings through their salaries and when the money runs dry the company will shut down and management will move on. That my friend is not far away at all, mark my words. I would get out while you can recover at least something.
2 years into a ''JV" and they have some old plant construction drawings.....good job....
LWP Price at posting:
0.1¢ Sentiment: Sell Disclosure: Not Held