HIGHLIGHTS:
For the Third Quarter, the Company reports a net loss of $0.8 million after a gain on disposal of a mineral property interest of $1.0 million; by way of comparison, in Q3 of Fiscal 2008, the Company registered a net loss of $1.3 million. Sales revenues in Q3 were $15.0 million from 64,623 mtu's of concentrates and 9,026 mtu's of tungsten blue oxide ("TBO") and ammonium paratungstate ("APT") compared to $15.4 million in Q3 of Fiscal 2008 from sales of 65,140 mtu's of concentrates and 7,330 mtu's of TBO and APT. The gross operating margin remained stable at $0.91 million in Q3 2009 compared to $0.96 million in Q3 2008. For details and the full release click here |
Wednesday, August 26, 2009
North American Tungsten reports a net loss of $0.8 million for the third quarter 2009
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