Pennys, that is the second phase based on using DDCCs New Orleans facilities. Just above this it says initial shipments ( I read this to mean in 2014) will begin to DDCCs customers who have their own facilities for handling the Barite.
On the other side of this discussion, we may be looking at another couple years before DDCC is a booming shipper of both frack sand and Barite to the growing "fracking" industry. I would expect HUGE stock gains well before that condition is reached, and almost surely beginning by the time these reported initial shipments begin.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.