$34/ton is extraordinary robust pricingThanks for the corrected posting 4seas.
$34/ton is excellent pricing - to say the very least. Look at Polaris with $13/ton down in San Francisco (granted more sand, some gravel) - but you get a sense that how healthy both this pricing, and margin is going to be with each ton.
Moreover - to a local, captive market.
I ran my numbers before - but at the operating levele - a margin of $22-24/ton is very, very strong.
The sooner this starts shipping, and orders filed, rev booked and margin proved. HBK moves to $1.50 and then higher.