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Shame there wasn't another RNS on sales but there has been a lot of progress since the presentation last year so it should be a strong sales pitch to investors.

In the last 12 months they have added large block regular sales to Italy, Greece and China. Opened an office in Dubai and a showroom in London, expanded the capacity and shifts at the factory and reduced significantly their commision at Prilep.

If they had significantly expanded their quarrying and sales this would have rocketed already. They need to convince new investors this is now the case.

We will see. I hope ************* shows the presentation and q and a session. Some investors may ask some good questions and get a straight answer.

I think what you have in mind is Fox marble tv - a dedicated channel with exclusive behind the scene interviews with quarry workers and factory staff, a weekly count of all blocks quarried and real time restricted information and rumours of sales. I think we should just let him drive his truck he seems to really enjoy it.

Rns tomorrow maybe?

Just had a quick watch of my favourite lorry driver on Facebook. More block marble delivered to the factory from malisheve yesterday. It’s looking very promising. Also a good video of malisheve quarry. Can’t see anyone cutting out blocks yet, but 2 shipping containers on trucks waiting to be loaded with block marble and well over a hundred blocks in inventory. Looks like Bianco marble not Selene unfortunately but can’t see any reason they can’t extract more marble now.

https://www.instagram.com/p/BvUTLc7Fiwj/

I liked the behind the scene videos as well. Slabs of every colour ready to go, and tiles being manufactured as well. Fox haven’t had much luck with distributors in the slab and processed markets. Pisani was a big loss in the uk, pristine stone in nyc has been a flop and Dino group in the balkans as well. I’m hoping these smaller, very incentivised companies start to make a difference. This US one and balkostone are pretty new, and might compliment foxes new offices abroad well. I’m expecting another rns next week before the investor show. Malisheva up to full production and more sales from Prilep hopefully.

http://picdeer.com/olympus_stone_llc

Its a start up, only 3 months old, and it's small but maybe he will build out his distribution network from Virginia.

I think my expectations are at least those of last year. In q2,q3, and q4 they need to sell 400 tonnes of block marble a week worth 75000 euros or 1 million euros a quarter. Processed marble has to at least be 0.5 million in h1 and again in h2. So h1 sales 1.5 million total for me. H2 at least 2.5 million. There shouldn’t be anything difficult about this if they are back in the quarries before April. They don’t need to quarry more than 20000t a year and they need to sell what they quarry. If anything I’m underestimating but with fox let’s see what happens!

It will be interesting to see which quarry sells more this year. I thought it was going to be malisheve, now I think it may be Prilep. Especially if the weather allows a longer quarrying season. Is anyone going to the investor show this month?

Hey Unvrkw just had a quick look at the history of FHL Group and their history of selling Sivec.

Ilias Stilianos Kiriakidis founded F.H.L I. Kyriakidis Marbles-Granites SA in 1991. Presently, Mr. Kiriakidis is Chairman, CEO & Managing Director at this company so he has 28 years of experience and contacts in the industry. He s 69 years old but looks like his son is on the board as well. He will be one hell of a saleman for Sivec so definitely worthy of an RNS.

I had a look at an old prospectus, pages 20 onwards show the amount of projects they have supplied, most with sivec, and the values of the contracts. The biggest Sivec contract was worth 42 million.

https://drive.google.com/file/d/0B7FrzLNhYBv4bkJIOGJPTWdxM2M/view

With regards to the Sivec it looks like FHL had an exclusive supply agreement with MERMEREN and that this went before arbitration when Mermeren wanted out of it. There is mention of this in their financial reports and risks for 2011 with Sivec sales dropping off as a result. Not sure of the ins and outs of this but it looks like FHL's supply of Sivec was in danger of drying up even before the Sivec quarries were bought up.

http://www.fhl.gr/deltia/ANNUAL%20FINANCIAL%20STATEMENTS%2031122011.pdf

Back to Kosovo I see more block was delivered to the factory yesterday. I agree with Truro, definitely cause to be optimistic this year.

It looks like customers usually want a specific type of marble so it shouldn’t cannibalise fhl’s existing sales it should supplement them. It should be an interesting year for sales I’m looking forward to the updates. Maybe the next one will be more sales of alenandrian blue. I’m also a bit bemused by what they term a spring clean at malisheve. They were moving blocks in the snow on the 31st January, and again on the 18th feb in the sunshine. Maybe the diamond saws aren’t working in anger but I bet they have sold blocks from there as well.

directors talk

https://www.****************************************interviews.com/interview-fox-marble-significant-order-from-a-significant-customer/412768846

You're fine notmuchinsales. You have every right to post criticism on the company, it's management and lack of sales as often as you like and as loudly as you want. Just leave the p.i's out of it.

Bear's on a bulletin board have saved me money in the past on companies such as paragon diamonds. That time they highlighted rumours in the city they were having problems raising money to finance their mine so I sold out at a loss of 15-20pc until there was certainty. That was much better than getting wiped out completely when their shares were suspended so if I think you have a point believe me I will listen. I actually agree with a lot of your observations, but disagree that this business can't come good. The high margins and low costs give a lot of leeway for a successful and sustainable business.

A good rns yesterday unvrkw. That 400 tonnes will make a small dent in the material they had already quarried, there's plenty more there. It's a shame we are letting other customers in Europe finish our product to sell on worldwide, but once we have more contacts Fox should be able to undercut any price for processed Alexandrian White. I think this bunch are the likely candidates in Greece

https://www.fhl.gr/2/

I predict this won't be the only good rns this month. It's good but not enough to satisfy disgruntled shareholders at the Investor show.

It’s just attention seeking, filling some hole in their life. I find it very rude so ignore it or do a tongue in cheek response. There could be an rns before the investor show at the end of the month as they are already ahead of last year. They are back in the quarries 2 months earlier with more quarry teams and the factory was processing tiles in january, 4 months ahead of 2018’s operations. If I was Chris Gilbert I would be publicising significant progress before facing investors questions. I hope you get back to your 22p. A Mcap of 50 million is definitely possible.

Alexandrian-235 has a ring to it. No need to be concerned my sterile slightly irradiated quarry master has informed me the radiation takes the edge off the winter chill.

Have to be careful to not overdo it but I think it looks good for 2019. Prilep might quarry more than malesheve and I wouldn’t bet against them discovering different Alexandria marbles again. I still think they bought Gulf Marble for a song in October. Surely just a coincidence straight away in November they double their quarry teams in Prilep, find another type of Alexandria marble and suddenly massively expand production? :) They have derisked by expanding markets and also their range. Last year was shocking but I believe the company when they say their big increase in quarry production in November/December wasn’t reflected in sales. The pictures show a huge amount of blocks lined up and ready. If there’s going to be a problem it will be quarrying enough Illirico Selene again .

Good luck. You can’t be far off. You should do well at this price.

I don’t really use social media so no! It’s good to see progress the company isn’t reporting but really it’s irrelevanr, only the numbers matter.

https://twitter.com/FoxMarblePLC?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

They were also delivering more blocks to the factory yesterday. Everything seems to be ramping up well this year.