/biz/ - Business & Finance

>>54852861
The broader frac sand market has consolidated enormously, unfathomably. They were popping up like dandelions in 2017-18. It's the story of that initial boom and oversaturation that sent most firms to the gutter and forced operators to use shittier sand IBS inbasin sand. Brown. Local. Cheap. But it crushes and blocks the path of o&g flow. Now they know all this shit they're left with zero options but to buy and ship NWS northern white sand, as it's a very inelastic good.
(yes I realize substitutes exist Bob)
We have geos itt. They know why and how sandstone is made and where to find the shit. I'm scouring looking all over the Midwest looking for anybody, any company, that's sitting on or near a NWS heavy area.
>/cmmg/ buys a dozen sections with riparian water rights and mineral rights in northern Arkansas.
>Slowly sell enough sand to build a couple of 80 acre lakes and a half dozen ponds
>Section by section it's transformed into a hunting and fishing property with a water park, drag strip, helicopter pad, and doomsday bunker.
>>54852871
Night broseph. We catch up tomorrow