Select Sands Corp V.SNS

Alternate Symbol(s): SLSDF

Metals & Mining Industrial Metals & Minerals

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.

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Select Sands Corp > Q1

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Comment by Frankie10on May 27, 2022 9:36am

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Post# 34711701

RE:RE:Q1

From an equity percpective we are cash flow positive (before capex) of aprox 280k for the quarter.

(Gross margin less G&A and interest)

We need to ramp up tons sold as Zig continually mentions in PR's in order to spread fixed costs over a larger sales base - then we will be rolling from a cash flow percpective.