RE:RE:RE:Competitors Sales and Profitsand the loss was a SNAFU in Q2. A shipping charge on a delayed order or something like that.
What's ripe for HBK - is that they can command a thumping $35+ per ton of rock - which is extraordinary pricing.
If they can get up to a 60,000 - 80,000 ton per month run rat at that pricing - they will kill it.
PLS shows that marine aggregates is not a slam dunk, its not easy, and there is complexity.
On thing in HBK's favor over PLS is that their shipping is easier - its local, its a quick turn on a barge, its not in traffic and it probably to dedicated customers.
Thats all a strong hand for HBK.
PLS are yet to fully be in control of their shipping - 7 years into ops.