NCEM » Topics » The number of Cyanco customers is relatively small and a loss of one or more customers could aversely affect future Cyanco sales, and may have a material adverse effect on the Companys results of operations.

This excerpt taken from the NCEM 10-K filed Mar 29, 2007.

The number of Cyanco customers is relatively small and a loss of one or more customers could aversely affect future Cyanco sales, and may have a material adverse effect on the Company’s results of operations.

All of the Company’s sales occur within the western United States.  Since most of Cyanco’s cyanide customers are large mining companies, the number of companies it services is relatively small compared to those of a wholesale distribution or retail business.  During 2006, Cyanco had sales to two customers representing 49%, and 34% of total sales.  A loss of one or more customers could adversely affect future sales, and may have a material adverse effect on the Company’s results of operations.

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