RE:RE:Yves Landry, The Nordex success story is on the Nordex siteThanks Frank. The link didn't work at first, so I searched the site under Nordex and the article did appear. It is the Feb. 11 2014 article listed under New Technology and does mention the 120 cases per shift or 3,000 kilos. That gives 25 kilos per case. It also mentions Nordex' right of first refusal in the U.S. market which could be significant in the near future.
This product is much safer than anything out there. Besides that it is significantly quicker to load. It does a far better job. What is not to like about it? Nordex has a right to be proud of this. Now they have to start to communicate effectively. I would like to give an example. Lakeshore Gold tells the public how many gold bars they produce in a month. Kirkland Lake Gold does not. Lakeshore's 6.50% debentures trade at $94. per $100 face value. Kirkland Lake's 7.5% debs trade at $81.25 and it is all about communication. So the question i have for management is how many cases did they produce in January, how many in February. Are the amount of cases sold increasing?
NXX says that they expected revenue to reach $17.5 million. Of this how much were Johnex sales? It is my understanding that the Johnex products have better margins. As it was margins on their other products were almost non existent in 2013. Lawyers fees and public company expenses went through the roof.
We need also to remind the company that they had better begin to do something about the Melba Gold property or the claims are going to lapse. They should have done some work on them this winter. Their time is fast running out.