anyone who as done solid reading and research, the last slides on several presentations help, can see that they will produce solid returns, but have growing pains along the way.
what we saw today was a shaking out of the poor players in this stock, good riddence to them all. this stock is a steal at this price. their expectations in the next 2 years is for over $600 million in revenue and, we still don't know about more sets next year, if they increase the fracking sets by 3-5 next year they can come close to $1 billion in sales.
the real fun will come when they move to the main exchange.
Has anyone talked to management about plans to ever move to a (no-pink-sheets) US exchange?
I just sent an email to email@example.com asking the question, and suggesting that answering it in a FAQ on the investor page would probably be of interest to many. If you agree with that sentiment, feel free to send them a supporting email as well!
The phrase "all due deliberate speed" applies. GasFrac has incentive to move this along as quickly as possible, but it absolutely must be done with training and asssurance of safe operations paramount. They should not move so quickly that they cut corners on either. The demand should be there. A serious accident, however, could drive away some potential customers and possibly raise regulatory obstacles. The way that GasFrac handled the January 14 incident speaks quite well for the company's commitment to safety.