Archives for September, 2017
This is a very brief overview of the industry, to be followed with more detail in later posts. There are at least 14 ASX listed mineral sands companies, of which 5 are in production. In addition, there are about 12 companies that are either private or public but unlisted, several…
The US shale oil industry is comparable to Silicon Valley start-ups. That is, profit is irrelevant, it is all about growth. Thus, provided shale oil production continues to grow, it is thought Wall Street will continue to provide debt funding. The industry has lost money, regardless of whether the oil…