Annual profitsNordex posted 2009 results on Sedar. Revs of 7.9million vs 6million in 2008. Net profits of 524,609 vs a loss of 26,826 last year. EPS was .075.
Nordex should continue to gain mining customers due to the increased mining activity and the good prices for both base and precious metals. Expect them to announce a new customer when Q1 numbers come out. Now that they are profitable, each new customer just adds to net profits.
Bobwins