Battalion is the controlling shareholder of High Mannor Pty. Limited (“HM”) which trades under the brand name of “Cultural Limestone”. HM is an integrated limestone quarrying business which extracts limestone from a quarry just north of Perth in Western Australia. The limestone is then crushed and processed into reconstituted limestone blocks which are used in the construction industry. HM is the developer and owner of a patented technology which produces reconstituted limestone walls panels that provide substantial cost and efficiency benefits compared to the individual limestone blocks produced by its competitors.
Cultural Limestone's patented prefabricated limestone wall panel system is radical a new development in the reconstituted limestone retaining wall industry in Australia. Our patented wall panels are manufactured to the highest quality in our custom fabrication plant at our quarry at Wilbinga, north of Yanchep. Handling and laying of wall panels, the largest of which weigh approximately 11,500kg (equivalent to approximately 50 standard metre blocks), is executed by Cultural Limestone using custom made equipment. One of Cultural Limestone’s panel laying teams can lay up 80 prefabricated wall panels, equivalent to up to 4,000 standard metre blocks, per day, enabling a panel laying team to lay a significant multiple of what the same number of men can lay using traditional methods. By using Cultural Limestone’s patented wall panel system, our customers can reduce the time required to lay their retaining walls by as much as 90% as compared to traditional methods. After our prefabricated wall panels have been laid, our customers can back fill behind the walls immediately, and the face and capping blocks can often be laid later. When our wall panels are being installed, our customers' work sites are cleaner and less cluttered owing to the absence of multiple block laying teams, bags of cement, bobcats etc that are a common feature at sites at which individual blocks are being laid. As a result of a tidier work site when our wall panels are being installed, the project manager's task of sequencing the job, and assessment of percentage completion, is made easier and less time consuming. At large projects, many months can often be saved by using Cultural Limestone’s patented prefabricated wall panel system, which enables our customers to bring their projects to market months sooner than would be possible using traditional methods. By reducing the time required to complete the retaining walls by several months, our customers not only reduce their exposure to changing market conditions by shortening the overall time to bring their project to market, but they also significantly reduce their land financing costs. Cultural Limestone sees the use of its patented wall panel system, which can significantly shorten construction timelines, as an inevitable development in the industry, much like the introduction of the "Tilt up" wall system that was rapidly accepted by the construction industry.
I'm still in here adding little bits to the pension fund. I live a much better life not arguing with the stupid. Never argue with stupid people, They will drag you down to their level and beat you with experience. Besides it's funnier watching them keep trying to get folk to retaliate and getting upset when they don't. Take care mate and enjoy the show :)
Im still here, large holding and average 0.16 so not expecting an exit anytime soon. If / When this comes good liquidity will be a problem and trying to sell large volumes will be a nightmare, TO would be best
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