Member Info for eshaitan

Good luck to them! Plenty of trades going through on the nex exchange. I still think in excess a 10p share price by the end of next year is possible.

I’m very optimistic as well. More contracts on their way and hopefully soon the quarries will reopen for block sales. Profitability must be close.

I know but after the first 100 feeds it gets repetitive, and we are planning to try for a 3rd later this year so I get to do it all over again next year!

A very enjoyable mine prophets experience. This is very much a strong hold for the next 1-2 years and it could and should be a 10 bagger from this level. I think over the next year as speculation mounts on a settlement and operational gearing kicks in this will fly.

But for now I'm going back to bed! have a good weekend all.

Trying to keep my brain sharp while bottle feeding my son, I started reading the arbitration website in London. It’s fascinating stuff. At the moment we will still be bogged down in procedure, the languages used, how witnesses submit their testimonies and each side will be prepping their cases. But once it’s actually heard the decision (even in large cases) is fairly swift and it’s binding. Looking at the frequently asked questions there shouldn’t be an appeal, as you can’t appeal the decision only the procedure that reached it. Also London has the fastest and cheapest arbitration court in the world.

https://www.lcia.org//News/lcia-releases-updated-costs-and-duration-analysis.aspx

https://www.lcia.org/Frequently_Asked_Questions.aspx

Absolutely. I guess fox will be arguing the legal institutions of Kosovo and government agencies have not done their jobs rather than changing rules to the detriment of foreign firms.

If you have time to run this through google translate these are the pending cases.

http://ekonomiasot.com/260-milione-ia-kerkojne-kosoves-ne-arbitrazh-edhe-pacolli-ne-mesin-e-paditesve/

My takeaway from this is it can be a very lengthy process, Mabco construction filed at the end of 2017. Chris and team can not rely on a quick judgement they have to get the business very profitable with what they have.

One more week to mine prophets....

I’m still fascinated by the pending court case, fox marble vs Kosovo. Kosovo lost 3 international tribunals in 2016 and won the big one against axis capital

https://wiiw.ac.at/wiiw-opinion-corner-kosovo-s-arbitration-games--n-217.html

At the moment they have 4 tribunals pending and 2 more being threatened. They have some big problems enforcing their own laws.

https://mobile.twitter.com/FoxMarblePLC/status/1280790402694549506/photo/1

http://m.bizneset.info/oek-kcc/

Looks like a kosovan organisation promoting start up businesses to other businesses. A bit of free advertising but hopefully it didn’t slow production down for long.

Sounds good I will see you there!

I wonder if there will be a post interview share spoke again? I hope they don’t rehash old news and release more information prior to the interview. A trading update for h1 would be nice.

1) A constant criticism of fox marble is that contracts are announced and never fulfilled or unannounced via RNS. Is the temple contract in Abu Dhabi announced in June 2019 with a value in excess of $2.4 million still being fulfilled by Fox marble?

2) Why does fox marble, a company that desperately needs to get to profitability, waste money having joint brokers?

3) is the malesheve quarry still in operation by the owners of green power or are their operations suspended as well pending arbitration?

4) Are the people behind Green power also behind Scope? It seems strange they both reneged on their agreements at the same time.

5) is there any chance of getting malesheve quarry back now there is a new government in Kosovo or is this quarry a dead parrot?

I’m not asking questions about the forthcoming “legal action” in Kosovo that has been posted on this board. I contacted the company a while ago and they were very forthcoming and I’m satisfied with their answers. I’m also not going to ask anything market sensitive. I’m very much looking forward to the interview.

Shows what I know, no agm update.

No problem I have done cracking questions for a few weeks time.

Here it is guys. Another online investor show by share prophets on the 18th July.

Fox marble will be presenting. A stipulation for companies to attend is that the CEO’s have to make themselves available in a chat room to investors for 2 hours to answer questions.

Put all your demons to rest and ask what you like for the princely sum of 3 pounds. It does mean I will be crawling out of bed in the early hours of the morning but I will be there.

Well I think you will get your update by tomorrow. I think most construction has been delayed so it’s encouraging to see them still winning contracts.

Looking at the fox twitter account the first delivery of marble arrived at the weekend. Looks like construction projects in Kosovo are restarting.

Well I thought it was anyway. As long as fox marble’s right to purchase the malesheve quarry was watertoghtbit would seem they are definitely covered by kosovan law.

https://investmentpolicy.unctad.org/investment-laws/laws/211/kosovo-law-on-foreign-investment

Haha not me, I can’t explain the spreadex rns.

I think we will get a trading update before the agm next week. Minimal block sales if any but the processing might be going well. I listened to Chris Gilbert’s share prophets interview again and the staff were working on inter stone orders and completing their own projects. I don’t think we will hit anywhere near the 1 million last year but the losses might be reduced again. He also mentioned their Indian partner being fussy. I think the partner was called fraternity? I’m wondering if that is a reference to the temple contract having issues?

As for topping up I still think this is very cheap even without malesheve, which I think they can easily claim 30-40 million damages if they have been wronged. I get my tax rebate and yearly bonus early July over here and I might buy some more, but definitely not through spreadex.

I think I’m the past we guesstimated 3-5 million of revenues to break even depending on the mix. The factory should achieve that by itself next year with the 3rd part processing agreements.

I’m surprised they can’t operate the quarries yet. You would have thought they could easily keep a safe distance in the quarries and just step up disinfecting equipment before using it.

Good to see work being won. I wonder if there will be a mini project and building boom next year once everyone is back to work?

The only concern is pricing. There can’t be much money in this one surely?

Not me unvrkw. The only thing I’m doing at the moment is renovating and working. I guess other people think this looks cheap as well!

I think some posters should be very careful what they write. Basically you’re accusing the ceo of fraud and siphoning money.

It’s not going to be hard to make an example of a poster for libel if they can’t back it up.

I’m looking forward to the next update. I bet they have tied up with more building companies and architects to provide material to the balkans or processing services.