Savvy Trades and Investments

[researcher59]

AESI has an interesting project called the "Dune Express" coming online in Q4 of next year that will more efficiently transport frac sand on conveyor belts and reduce the need for more expensive truck transport ..... that should boost margins and accommodate increasing production. Hopefully this ambitious project will remain on schedule and budget.

PR -

"The Dune Express remains on-time and on-budget, and we expect it to be up and running in the fourth quarter of 2024. We have ordered more than 90% of the equipment and materials for the project and have also contracted more than 80% of the installation and labor, which significantly reduces budget risk. To-date, we have taken deliveries of more than 57-miles of conveyor belts and over 100-miles of fiber optic cable."