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Nordex Explosives Ltd V.NXX

"Nordex Explosives Ltd is engaged in development, manufacturing and resale of explosives products in Canada."


TSXV:NXX - Post by User

Bullboard Posts
Post by Bobwinson Apr 26, 2010 12:34pm
214 Views
Post# 17031311

Annual profits

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
Bullboard Posts