1. Limited market presence - Quebec Silica Resources Corp has a relatively small market presence compared to its peers, which limits its ability to compete effectively in the industry.
2. Limited product portfolio - The company's product portfolio is limited to silica sand, which makes it vulnerable to market fluctuations and changes in demand.
3. Dependence on a single customer - Quebec Silica Resources Corp is heavily dependent on a single customer for its revenue, which exposes it to significant risk in case of any changes in the customer's demand or financial position.
4. Limited financial resources - The company has limited financial resources, which restricts its ability to invest in research and development, expand its operations, or acquire new assets.
5. Limited geographical reach - Quebec Silica Resources Corp operates only in Quebec, which limits its ability to tap into new markets and expand its customer base.
6. Lack of diversification - The company's lack of diversification in terms of products, customers, and geographical reach makes it vulnerable to market fluctuations and changes in demand.
7. Limited brand recognition - Quebec Silica Resources Corp has limited brand recognition compared to its peers, which makes it difficult for the company to attract new customers and compete effectively in the industry.
