RE:RE:RE:Fact SheetI'd point out that VS/VN does not produce enough sand to be effected (too significantly) by this. If you were selling 90M tpa you'd see volumes get crimped, if you have the potential to sell 1M tpa - you are okay. particularly when your resource is the best quality sand - Northern White.
Then my focus is on price - is price softening. I can't answer that yet - however customers pa for quality - so there may be less erosion in ASP at the higher grade echelon.
So, I'm arguing that VS is too small, and with the premium product - to be too adversely effected by the pain at the margin, caused by $50 oil.