Problem for me is this is the same management that took that big blue drill rig up to Telfer and never achieved drilling the holes to target depth, so have little confidence in their current escapade, especially since they have not shown where they expect to get the proppant from and where it is going to be delivered to , as shipping costs are the major cost with proppants .
Another factor is will it settle out of suspension when under pressure due to its lower SG ?
Also would like to see more independent proof of concept and costings for the proppant.
CKK Price at posting:
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