Market analyses have been prepared by Skelly and Loy to meet a variety of needs. Such analyses may be required as part of a planned operation expansion, to support acquisition of new equipment or other significant capital expenditures, or in the acquisition or sale of a mineral reserve or active operation. The basic elements of economics, namely supply and demand, serve as the foundation for the analysis. As such, our investigations determine the quantity and quality of the marketable mineral to be produced, other production of similar products or substitutes, current market for the product, potential for market growth, and market dynamics. To realize sales, the market has to indicate growth potential or the producer has to offer a superior product, service, or price as sales evolve around either market growth or displacement of other suppliers. Skelly and Loy’s understanding of production, transportation, market trends, and mineral economics is brought to bear in completing market studies. These market assessments are used by our clients in their short- and long-range planning.