Wolf Energy Services Inc (WOEN)

[Oxonius]

I'm not really sure why we have never penetrated the mining space as you would think the voraxial would be ideal for post-fracking water reclamation. With oil prices per barrel forecasted to settle between $54 and $58 for the rest of the year it will be easier to justify capital spending ... I just don't know what the lead time is for procuring their equipment.

Mining is one of those industries where people play "follow the leader" i.e. one company successfully deploys the voraxial, demonstrates a competitive cost advantage, and creates a demand from many of the competitors to match the cost structure. While not having any orders is obviously a worry, having a huge backlog would be a real problem also.