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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

Comment by Bean_and_Dunnon Mar 08, 2014 12:41am
104 Views
Post# 22297537

RE:"New Projects" Press Release

RE:"New Projects" Press ReleaseDear Goldengoldenbea, member since March 7, 2014. I believe it does communicate some new items in the video on the Yves Landry site. You will notice that there are several women in the video. Women are less likely to jump from job to job as some men have done in the past. That is one thing that is new and different. In the video there is talk of actually running more than one shift. It is not a definite decision right now, but that consideration is apparent. 

Johnex in Australia operates with the big mines. That $750,000 initial order was a very nice starting amount. When Nordex gets firm orders from Vale, American Barrick or Goldcorp you will see very nice jumps in revenue and profit. This product saves money for companies in a very big way, it is faster to load, it requires less clean up and shot creting. Above all else it is a safer product. The more that Nordex tells the story or the more Yves Landry telss the story the more likely it is that the product will find a home in one or more of these big mining camps. 

With 10 people on shift they can produce 120 cases. That is 30,000 cases per year for only 1 shift. If Nordex could sell all they manufacture they could actually produce 131,040 cases if they worked 24 hours per day seven days per week.

Revenue from this product could actually be higher than their bulk emulsion sales. I agree with you that I would like to hear how many cases were being sold on an ongoing basis. In my opinion this product is actually more important to the company than their recent expansion into satellite sites.
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