Member Info for eshaitan

THanks not muchinsales. You have been added to the list.

Philosophical 3.0 million
Unvrkw 2.8 million
Eshaitan 2.4 million
Nitbhav06 2.2 million
Nitmuchinsales 1.4-1.8 million

Great post mixster. It summarises Union jacks position perfectly. Flip a coin, no one knows what is down there until the drilling is finished.

Another good rns in a short space of time. Promising news for EB sufferers but it doesmake me wonder if they will raise more money in the near future.

There is still time to upgrade your end of year revenue forecast Nitbhav. It was 2.1-2.2 million.

Happy new year all. I’m back to work tomorrow morning so I hope the fox marble factory staff are as well The 2nd half of 2018 fox marble should have made more revenues from processed marble than block for the first time. Roll on the update and a profitable 2019.

There is very little liquidity at the moment, even for buying.

Have a good Christmas all I'm going away for the holidays and the phone is staying at home. Catch you in 2019.

Correct me if I'm wrong, but listening to the latest interview 5 months ago they said the equipment they provided to Honduras cost $300,000. Payback is 4-5 months but this is because they take 80% of revenues until it is paid off then it drops. So while Honduras will make a big dent in plc costs it won't make them profitable. Am I right?

https://www.youtube.com/watch?v=sqIiorG0wWE

It doesn’t look like we will be getting an rns in 2018. It’s possible share prophets will make this a tip of the year next week, otherwise I think this will drift down until we get news. This is the only share I own now, everything else has been sold and is in cash.

Maybe they are planning a trading update this week and are saving it for that. The quarries must be shutting down soon if they haven’t already. Looking at the rns’s and videos for h2 all we really know is they have sold at least 11500m2 of processed material and Chris mentioned at least 1000 tonnes of block to the Chinese in their 3 trips. Sales to India and turkey we assume are still occurring but who knows?

Shame they didn’t give a trading update at the same time but it’s encouraging to see deliveries happening over the Christmas season. I take it this office will be in addition to the distribution deal announced in January for the GCC countries? With the factory working well and the extra revenues from the prilep quarry I fancy fox to exceed 2 million in h1 2019. That’s when this will fly.

Good news, you called it Nitbhav. I guess the 2 initial orders are only worth 100k but nice to see them making more progress with the processed marble. It bodes really well for the factory in the new year. They are going to do very well in this region.

That’s a lot of questions! I think this year has been the quietest for ramptastic rns updates. None of us have a clue what to expect. I would like to think they are managing expectations as well rather than selling nothing. None of the workers at the malesheve quarry have posted anything since November 4th on Facebook but endrit citaku posted shots of more beautiful tiles being cut today at the factory. There’s no snow at the Malesheve region. It’s cold but general Instagram photos tagged at malesheve show good weather. I did try and see if there were any websites for marble tenders as fox seem to have done very well with large orders but couldn’t find anything. It must all be down to industry connections. Nitbhav, frustration is the hallmark of a true fox marble shareholder. Welcome to the club!

Expect a trading statement in December if they have good news to shout about. I feel it’s better to be cautious with their historic let downs. Also break even may be higher than you think. There will be commissions on any increased revenues, ongoing costs of the showroom, more mouths to feed for the factory workers and ongoing maintenance costs for machinery there as well. Chuck in additional electricity costs as well. I think added up these will be higher than savings on interest payments. On the bright side the weather for this time of year is still pretty good. They should still be working the quarries for a couple of weeks.

I would also think it a huge success if they sold more than 20000m2 of processed material this current year and more than 8000 tonnes of block material while maintaining their average 2017 prices. I think its possible.

My target would be slightly higher than this year. 25000T of quarries block would be fine by me, I just want to see greater slab sales.

It's funny on the first day of admission the market cap of fox was 21.4 million. The company had no factory, no equipment in the quarries, no sales channels to sell anything, no staff with experience in marble and a back of a beer matt optimism of a business plan.

Today we have all this, 2 more lucrative quarries in prilep and malisheva and are only worth 16 million. Go figure!

There are wobbles in the UK, the EU and China. But India and the GCC are booming again. America it's hard to say at the moment the stimulus there may be distorting everything. But it's all swings and roundabouts so nice to have exposure to every region.

I have seen pictures of that mosque Nitbhav, the scale is amazing. I seem to remember someone that posted on advfn went to the quarries and factory in Kosovo as well. That's something I need to look into when I'm next over, if the company will oblige.

My target price after the full year results for the current year and h1 results for 2019 would be a market cap of 40 million. Hopefully next July. I guess that’s around 17-18p.

Probably someone who was bored and lost faith. I’m bored as well. But I’m stubborn and still think I called this right. Just not at the right time! Who knows maybe we will get a new sales update for new territories before the trading statement. They were hoping to sell into japan and South Korea.

Hey KUMS I think I was out of this one a little bit before you. God what a crash, but I did buy some yesterday. What are you thinking now? With a market cap of 2 million and no debt it could be a good recovery play if Honduras pans out. The company as a shell must be worth half a million and black sands the 600000 they valued it at acquisition plus cash in bank on top. My only concerns are they really need a large amount of capital to make trading worthwhile and even at an 8-10pc margin Honduras will probably not cover costs. They really need more sites set up, but that raises the question can they finance the refineries? One to watch.

From Malisheva. Nothing that interesting. The weather is getting colder but still very good. Night time is zero and daytime is 10c on average and sunny for the next ten days so they will be working into December.