Select Sands Corp V.SNS

Q1

[123600]

not quite what i was hopeing for

[Frankie10]

Try to look on the bright side - Q1 was another positive step - 8 or 9 consecutive quarters of increased tons sold I believe. Albiet, guidance was disapointing - we are facing challenges that management believe they have solutions for. Once we push past this and suceed at reaching capacity, with the very positive macro backdrop for oil, we will be off to the races in terms of profitability, cash

[biggame]

getting close to break even ! need to capitalize on these hot times! 

[Frankie10]

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.

[biggame]

Its a bummer that company is only running at 70% capacity Q1 and little less in Q2 with rail car returns only solved perhaps towards Q3 and Q4! Should be profitable noww