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Select Sands Corp SLSDF


Primary Symbol: V.SNS

Select Sands Corp. is a Canada-based industrial silica product company, which wholly owns a Tier-1 silica sands property and related production facilities located near Sandtown, Arkansas. The Company is engaged in mining its 520-acre site in Arkansas named the Sandtown quarry. The property is underlain by the Ordovician St. Peter sandstone formation, the source of industrial silica sand Ottawa White frac sand, selling into various United States oil and gas and industrial and specialty end markets. These properties include sand sphericity and roundness, crush (K Value), acid solubility, turbidity and silicon dioxide (SiO2) content. The Company is focused on developing this business to enable commercial silica sand sales to industrial and energy customers. Its Plant Reconfiguration Project includes installation of dry-process equipment at the Diaz Rail Facility.


TSXV:SNS - Post by User

Post by Dexo89on May 22, 2022 8:01pm
263 Views
Post# 34701537

Revenue vs margin

Revenue vs marginZig was careful to state that increased tons sold did not correlate to revenue due to a large percentage of q1 sales occurring at the mine gate, effectively transferring transportation costs to the customer. On this point the PR differentiates between revenue, (not correlating to 13% increase in tons sold) and margin "from dollars perspective". I can't quite understand what they're actually saying, even though I think they are trying to communicate the situation. Are we to expect the margins to be more improved than revenue due to mine gate pricing in Q1? Anyone want to weigh in? Looking forward to the release of financials at the end of the month.
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