TIH 0.00% 0.0¢ tillegrah limited

I think timing is within the next 6 months with a number of JV's...

  1. 383 Posts.
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    I think timing is within the next 6 months with a number of JV's and/or licencees. The external test results are important for investors but not so for proppant manufacturers as demonstrated by Hallmark JV...From both announcements and Ziggy's presentation it is clear LWP has a growing number of global parties it is in discussions with, so I think they will land another JV relatively soon...of course with the Pilot Plant proving scalability and producing proppants a US proppant major would be in a better position to view the plant and process in action to better determine how they will participate in sharing the new standard for ceramic proppants...JV, Licencee or buying the technology outright.

    In any case, I believe LWP will build some strong momentum in a relatively short time frame.

    IMO
 
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