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North American Palladium Ltd. Message Board

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  • spectra64 spectra64 Mar 25, 2008 5:44 AM Flag

    Q4 numbers tell the story:

    Sure seems like they could have made this a little more transparrent and less subjective.

    I am new to miners, this seems a very strange to have such a large amount of money not accounted for. I mean it is such a large amount and has a material impact.

    If this is an accounts receivable issue it should be stated as one, or a metric similiar to DSO to monitor the outstanding amount and accounts. Or provid a clear line item for deffered revenue, to this amount rather than require this subjective interpolation and guessing on the actual amount and timeframe for when it will be recoginzed as revenue.

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    • 125,802 ounces of palladium buried in a footnote on a site that screens the user and makes the user agree to terms before access. I had to read it several times and grab a calculator when trying to figure out what they were saying.

      Must be of minor importance.

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