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Gold/Mining/Energy : AGX Argan Inc. Biodiesel Power Plant Mfgr -- Ignore unavailable to you. Want to Upgrade?

To: Jack Be Quick who wrote (32)	6/17/2008 3:20:22 PM
From: Scoobah	Read Replies (1) \| Respond to of 73

Wow. I dont know how that was lost either. I am surprised at myself, but find the gem in gemma lies here: now, if we could just get past $14.00 The Company believes that its Non-GAAP Measurement of Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) provides investors with a valuable supplemental measure of our operating performance. EBITDA for the quarter ended April 30, 2008 was $3.7 million, or 7.7% of sales, compared to an EBITDA loss of $348,000 million for the fiscal quarter ended April 30, 2007. Mr. Bosselmann continued, “We are moderately pleased with our margin performance for the quarter. Higher gross margins due to strong project performances and lower SG&A as a percentage of sales helped drive improved EBITDA to over 7% of sales, with Gemma reporting an 11% EBITDA margin on a stand alone basis.” Mr. Bosselmann concluded, “We are enthusiastic about the breadth and size of business opportunities that lie ahead of us. We have replenished our backlog with the large Colusa contract which is now ramping up, and the Invenergy partnership is an extremely exciting long term opportunity for us.”