Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 AbNormAlon Dec 23, 2014 1:23pm
73 Views
Post# 23260240

RE:The planned for expansion is fantastic Buster, BUTT...

RE:The planned for expansion is fantastic Buster, BUTT...
Bean, what cashflow? Peanuts. While management has not disclosed the projected costs for their western expansion (there's a surprise!), I  would imaging at the present rate of cash accumulation, that the NXX portion of the expansion funds would take years to accumulate. Bank financing might come into play, but really NXX does not really present a compelling story for a lender given the info tabled to the public. We will consider ourselves lucky if we are not faced with dilution.  Again, we are in the dark on said costs.
<< Previous
Bullboard Posts
Next >>