RE:Does King James need to go?NorRoc Sales was responsible for the revenue growth Tayjon. They provided explosives knowledge, good contacts and regular client servicing. Jim Taylor did nothing but give NorRoc a fat contract based on sales growth.
Who knows if Dyno is making money at KL Gold? What I do know is one of the factors in Dyno getting that supply contract was that Nordex was supplying faulty detonators to KLG and they were losing blasts. Dyno got the contract based on having an on-site Tech Rep whereas Nordex supplied a kid with little or no mining or explosives background........Another Jim Taylor decision. ((These faulty (Chinese) detonators probably still show as "Inventory" in the financial reports as I haven't seen any inventory write downs for the past 18 months.
The Canadiens aren't trading Carey Price because he's injured and healing. The fact that he was selected for the 2016 Team Canada proves his worth when he's healthy. Jim Taylor, on the other hand doesn't seem to be getting any better.
Every explosive has a "shelf life". If Nordex has a product like, say, Butt Buster, that has passed this "shelf life' and can't be sold for the full market value that it shows as in the Inventory, it' can no longer be considered "Inventory" and must be written down.
Most if not all potential customers are asking for a financial statement to be included with any bids submitted. This is to ensure the supplier (Nordex, Dyno, Orica, Austin) won't go under in the middle of a supply contract. It's not likely Nordex would survive such scrutiny for a major contract so we're doomed to scratch around on the edges.
Don't know where you're coming from TayJim but you don't sound like a concerned shareholder to me. I hope I've addressed your concerns and helped you understand that my concern is as a shareholder watching the value of my holdings go down.