While this is very exciting, I also recognize that expansion in the water solutions division will become meaningful only when it's enough to replace income formerly derived through retail propane sales. We're going to need to see how these numbers stack up against one another.
Also, we're laying out substantial monies to cover recent and ongoing acquisitions. This means the company must pace itself as it seeks to find a new foundation based on a different paradigm.
At the same time the company is not lacking experience in the water biz. We know what the needs are & how to meet them. We are committed to enabling suppliers and providers to meet and work towards mutually rewarding business arrangements.
I think we need time to prove out theories and set up contracts, possibly another couple of quarters. That time would reinforce positives which, in turn, would diminish some of the angst routinely expressed publicly by Crappers at the Heaping.
I'd like to see a side by side comparison of numbers formerly derived from propane sales against today's current water operations.
Tomorrow I'll try to spend some time at NGL's website. Perhaps there'll be some current info filling in blanks. We need that info if we are to smartly anticipate brilliant returns quickly. This is why I tend to apply a more patient eye when viewing NGL expectations of mine. But don't get me wrong: Sooner is always better!
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