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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

Post by AbNormAlon Aug 26, 2014 10:28am
174 Views
Post# 22878004

Getting there...

Getting there...While there are a handful of positives, this is not a knock-it-out-of-the-ballpark quarter really. A sales increase of 8% over Q2 2013 is underwhelming given fully functioning satelites and BB production. At least margins are improving and the story is getting better. Unless I missed on first glance, no real detail on BB sales, just warm fuzzies relating to new introductions to potential customers.
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