From a start-up company in 2010 with little funding and illiquid share capital, the Company is now Listed on the ASX (ASX : LWP) with circa $9.5 million in cash reserves, the $3 million Brisbane pilot plant is fully paid for, our Game Changer Technology for the manufacture of ceramic proppants has been patented, we have inked our first commercialisation transaction and the Company has no debt.
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The Hallmark manufacturing facility has a replacement value in excess of US$15 million