RE:RE:18% !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!What world are you living in? Paying 18 % when the interest rates are about zero is dumb, even for temporary loan. Johnex products are t he best in the world (I know that from my mining experience in Australia) and Nordex will do very, very well with sales of perimeter control explosives. Sales of Johnex products in North America should exceed the rest of Nordex sales). This in spite of current weak board, not because of it!
If it wasn't for the current weak board this stock would be trading now at about 2 dollars at the very least in anticipation of Johnex brand sales.
If the board is not dumb how do you explain the sin of massive dilution that this board committed.
The earnings per share will be about half what they would be without it. Was it not DUMB? Or , as some people may speculate it was excercise of self-entrenchment that cos all shareholders money.
I bought some stock back at around 40 cents as I predicted I would sometimes ago. Unfortunately not enough to be able to help to shake this board of my back. I reiterate that we must change this board if we want to see shareholder value realized sooner rather than later.