InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.20
(
0.21%
)
Bitcoin
63,202.81
(
0.07%
)
Post# of 2341767
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

markt1983

Send PM Follow Ignore
Followers 7
Posts 917
Boards Moderated 0
Alias Born 08/14/2015

markt1983

Re: Garyst post# 1663170

Tuesday, 04/26/2016 1:39:20 PM

Tuesday, April 26, 2016 1:39:20 PM

Post# of 2341767
IEVM - And to add to it the annual confirmed that the 4th depot did open in February.

Each depot has a capacity to service 1000 wells meaning the company already has the infrastructure to service 4000 wells.

The last number they released as of EOY was that they were at 235.

Valuations have the company reaching breakeven well below 1000 wells.

CEO Lavance issued a statement last month stating the increase in depots was "a direct response to customer demand".

Lavance is also on record stating they would like to have 8 depots by EOY.

The product is amazing. Infrastructure is in place. Margins are great and the leadership has a proven track record!
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

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.

Sign Up