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Nordex Explosives Ltd V.NXX

Chemicals Specialty Chemicals
"Nordex Explosives Ltd is engaged in development, manufacturing and resale of explosives products in Canada."


TSXV:NXX - Post by User

Nordex Explosives Ltd > First quarter numbers are out. Net loss of $303,085
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Comment by goldpolkaon May 30, 2015 8:20am
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Post# 23780607

RE:First quarter numbers are out. Net loss of $303,085

RE:First quarter numbers are out. Net loss of $303,085
Wonder why they continue to spend CAPEX of more than $300k this quarter with no cash flow from operations...  should be reducing / freezing that until earnings improve, at the least.

Seems like management lack urgency ?
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