If they can't convince some frackers to take up their proppants
in an environment where cutting costs is crucial then they have no hope going forward.
This is after all what they are targeting, or what people on here think they are targeting.
Has Sieg confirmed that this is the selling point of the LWP product?
It seems clear that it is because going off these initial results the product is not leading the market
in any other regard. It is competitive, It is cheaper to produce but it may not be suitable for all frackers
who need the best standard proppants.
Regarding lab tests and different results from different labs, why would the results be different from different labs if testing is done to the same process and standard. I would have thought results should be the same in a controlled environment or else the product is not performing well/consistently?
If this was the case then it would be a very hard sell to an industry that depends on reliability and consistency.
LWP Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
