Member Info for davidpqz

In September's half year report inventories account for £8.6m out of £12.3m of current assets. This is usually regarded as the least liquid element of current assets. Cash burn is about £8m pa and there was only £600k in the bank. Financing talks have been ongoing since September which indicates that whoever they are talking to isn't overly keen. The one possibility is that it is Thales and they believe in the technology and are waiting for an opportunity to buy them out. As they say, it's a speculative buy. :-)

But there isn't cash coming in and some of the customers such as Eboracum are very dubious indeed. (See posts from 3-4 months back).

E300k is a lot of money but maybe not so much when your cash position drops by roughly E1.59m between June and December.

When indeed. I went to a presentation by AN some two or three years ago when he gave the impression that it was imminent.

Or they are struggling to get the finance?

Below are some pertinent figures from recent RNS's and TW's recent bullish assessment in full. (He has spoken to someone who has said something reassuring - isn't that nice!) RNS 13 Dec Operational Update Order Book E2.9m Cash (30.11.16) E1.1m RNS 20 Sept H1 (to 30 June 16) Order Book E4.1m Cash E2.69 m Roughly E1.8m still on order from Eboracum I have been alerted by various folk to the fact that a Fox Marble (FOX) customer Eboracum Marble has a First Gazette notice out against it which, according to the knockers, means it is going bust/is a fraud and that Fox will issue a profits warning. This has seen the shares drift to 7.75p. Sometimes before you hit the sell button it pays to make a few phone calls. Which is why you should buy the shares today. As it happens Eboracum is not the major customer, it is one of the larger customers but there are now quite a few. It has taken delivery of one order and paid for it. So it is trading. There have been a few distractions of a personal nature for key personnel and thus the company has not filed its accounts hence the First Gazette. This matter is now in hand. And thus the company will not be struck off and dissolved and it is not a fraud. It pays to make phone calls to establish what is really going on. Fox has missed all its targets to date by a Country mile but it does have cash and a string and growing order book with a factory able to service its customers, including Eboracum. That is not discounted in the share price, but idle "fake news" gossip is, and that is why the shares are a buy. - See more at: http://www.*************.com/views/26577/fox-eboracum-marble-lets-sort-this-out#sthash.WA3U1zQz.dpuf

Snippet from TW's latest : "As it happens Eboracum is not the major customer, it is one of the larger customers but there are now quite a few. It has taken delivery of one order and paid for it. So it is trading. - See more at: http://www.*************.com/views/26577/fox-eboracum-marble-lets-sort-this-out#sthash.MB8eXQ47.dpuf" Somehow I feel this isn't the full story (certainly not worthy of a recent RNS). Haven't time right now to look further. Any observations?

I know something you don't know so you can't argue with me. Would that be a fair summary 938? This is clearly a highly competitive area. In an ideal world we would have an expert who could objectively and dispassionately compare the competing systems. Meantime when AVO publishes a picture showing a gantry dwarfing a school bus I know they're trying to pull the wool over our eyes.

Or at least not as big as AVO would have us believe http://www.advancedoncotherapy.com/Our-LIGHT-system/Current-limitations Having had a n X-ray recently I can say that Mevion's treatment room seems average in size. So the question must be how big is the proton source - have they excluded that from the picture?

Ctw2014 - don't attack the man, address what he has to say. These bb's are littered with witless accusations of ramping and deramping. Don't delude yourself. What's said here probably has very little effect.

The website wasn't unprofessional, quite the opposite. It was a total copy of Alpha Marble's website with one small change - the logo. That seems deceitful to me.

Oh come on Fox! A short shaky amateur video of a gangsaw. Where are your presentation skills?! Why don't you produce a professional video which explains the entire manufacturing process for people who are not marble professionals (i.e. most of your PI's). I am no longer invested here for the reasons indicated by Dibs61 but I keep looking in to see if there's any sign of a good story coming true. I am also waiting for Father Christmas.

.'Professor Julie Lang, a breast cancer surgeon, said: 'We are using the device to look for secondary cancers in the blood before we can see a tumour.' It's been a long haul but I also believe we are seeing light at the end of the tunnel on this and the other areas of development. New medical developments are always notoriously slow in being implemented. Just listen to what the professor is saying - this could be the radar that for the first time lets us see the enemy approaching over the horizon.

A couple of months back I was irritated by the fact that non of the links worked on Eboracum's website. Then someone pointed out that with the exception of the logo, the website was a complete copy of Alpha Marble and Granite's website (Southall, Middlesex - not the US co.s of the same name). I was so intrigued that I called them and they confirmed that they were as mystified as me and were in the process of trying to contact Eboracum. I believe Eboracum have since removed the website. Questions have been raised here and on ADVFN on this and other orders. Add to this the endless delays and make your own decision. I'm out.

We will be swimming in jam. Dont forget the concerns over the current order book.'

You can't see the problem? Well, you can't say you haven't been warned.

This site can’t be reached The webpage at http://www.eboracum-marble.co.uk/ might be temporarily down or it may have moved permanently to a new web address.

ihmoody. I think you're right - it may be fairly common. Winnifrith is alleging that something similar has been going on at AVO. From now on I'm going to make it a point to check out the provenance of any company placing a significant order especially with a start-up.

I'm out. It's just too bizarre - and no word from the company!

This share ranks quite highly on Stockopedia . ( I do recommend a good look). As a company it is selling something that people want, it's protected by patents, it mostly earns in dollars and reports in pounds and it has got good solid growth! Personally, I'm worried that we are at the top of a bull market otherwise I might have a larger exposure here. Certainly, if there is a correction this is one of the shares on my list to subsequently invest in. Rivaldo you must feel like a prophet in the wilderness. Keep up the good work!