Member Info for Nitbhav06

Yep, seems about right. The growth opportunity is unbelievable. Alphapay, UK, EU, Canada etc. World class Management team and a great culture within the business. I do think this could be a very valuable company over the next decade.

Even if we have to pay an extra few million not the end of the world. Once we own the quarry outright, our margins will increase exponentially. Let's hope we get this mess sorted out asap.

Luck seems to be against us at the moment. Fox' approach to Malisheve was spot on however, it could impact financials in the short term. On a positive note, Prilep seems to be flying.

No interview on directors talk for some reason. Esh please can you send a link to video.

Excellent post Esh. You're absolutely right. Until we see more processed marble being sold through the factory we will struggle to push revenues higher than €5m best case scenario, once we hit scale. Processed can drive our revenues 5 fold with the right mix.

Imo, this will take several years to iron out as for some reason most of our customers want block. However, as our marble is penetrating so many markets, it is only a matter of time before we are asked to have everything processes and cut to size for our customers. I am confident very few companies can cut marble to bespoke sizes at the prices we are quoting. Our labour and overhead costs are practically peanuts in the bigger scheme of things. I'm giving Fox 5 years as I think we'll be turning over €50-60m with profits of around €30m and market cap of €300-350m.

The company is in great shape.

I agree Unv, as long as demand is exceeding supply, it puts us in a superb position. We may need more money to extract from the quarries and that's not a big issue for me. Once we are able to extract significant amounts from Prilep and Malisheve, we'll be generating serious profits yoy. My view is we will struggle to meet that order of 10k tonnes a year but the key is that we are penetrating China, UAE, Italy, Turkey, India and when US takes off, watch out.

I genuinely believe this is going to absolutely fly over the coming 3-4 years. With the profit margins we work on and low fixed costs, it's just a matter of time.

What's everyone's view on h1 numbers? I'm going for €925k. Full year €2.7m unless we have a big contract win. Really pleased with progress. We can win new business once temple has been built.

World class marble at cheap prices, what more could you ask for!

Gl all.

We will have a significant supply issue over the coming years. Demand for renewable energy will increase.
Our output will double in a few years which could make this an absolute giant of a company in terms of market cap.

Gold could keep rising over the coming years especially as we enter into recessionary conditions.

Strong buy.

We'll probably need another placing this year to sort out this Green Power mess. We're struggling with luck atm.

On the flip side revenue looks excellent and we've got 1 month to go. Super bullish on €2.5-2.7m this year. Just frustrated with the processed as this is where we can double or even triple revenues. All in good time I'm sure.

I think once we start extracting more marble from Prilep and Malisheve, it's just a matter of time before we become profitable. There is a plethora of demand and is a non issue for us. Extraction is our biggest bottleneck and a nice one to have.

It seems as though once a block is out, there is a buyer ready. I hope we start to increase prices as our marble penetrates the market with new orders. The point raised around selling processed is absolutely key to increasing profitability exponentially. The avg sp we received for our processed last year will not good enough. We have a factory that can probably do everything cheaper than most marble companies on the planet and should be capitalising on this. This year if we break even I'd be delighted. Next year give me a net profit of €2m and I'd bite your hand off. That gives us a pe of around 8.

I wonder when Chris will start to think about increasing prices for block marble. If supply is an issue and our product is scarce at the moment, we should be charging slight premiums.

Morning, I think we'll do £850k for h1 19. Really liking the evolution of Fox. Key points I've taken so far:

- Output from quarries have doubled, which is great news as we still can't meet external demand.
- No royalties for our quarries, thus driving top line revenues and reducing costs.
- More emphasis will be placed on processed marble.
- Hopefully we will be targeting US and other countries to drive growth in top line.
-Revenues should increase 50% over the next 5 years (minimum).
- Our high quality marble is penetrating key markets and customers love our product, to the point that they are fighting for it.
- We should breakeven by year end.
- We will probably be the lowest cost producer of marble on the planet, once we hit scale (i.e. 3-5 years).

I'm expecting a market cap of £50-60m by end of next year. All IMO, dyor. Super bullish on my end.

https://youtu.be/1Jpw89hzdVA

I'm in for the long term with Kaz. I am confident there will be supply issues over the next decade. I expect copper to be trading at significant premiums over the long term. In the short term there will obviously be volatility in terms of price. My view after Aktogay expansion is that we will be at a market cap of around £10bn generating £1bn in profits with the help of an elevated copper price.

https://smallcaps.com.au/copper-demand-to-double-forcing-miners-more-for-less/

The key to grow this company is market penetration. We have to get our product out there internationally and that's exactly what Chris is trying to do.

I wonder how much extra selene grey marble we are extracting after new equipment was installed.

I still think this is dirt cheap at these levels. Once Aktogay expansion is complete this will be at a big premium in terms of PE. Hopefully there is a lack of supply at this time, which will push up prices.

Super bullish on copper over the next decade.

Does anyone own Atalaya mining shares? Quite tempted with them also as it's a pretty small market cap with big upside.

Casual I just can't see the price being flat if I'm honest. There will be a serious deficit in terms of supply. The cost of extracting copper will probably increase for miners, thus pushing prices up. I'm looking 5 years ahead and I genuinely think copper prices will fly.

In terms of market cap, we could be close to £8-10bn once we hit scale and prices start increasing. All imo and long term view.

Casual, the funding seems sensible and as per plan. I liked the statement at the end regarding significant deficit copper supply. When we double output after 2022 and copper prices rise, this is going to fly. I anticipate a serious revaluation and divi payments will be brilliant due to our economies of scale and extremely high operating margins. I'm buying on dips as Kaz will be earning bucket loads of cash.

Phenomenal company with brilliant management. Always forward looking.

I personally would like to see Stefan as CEO. He has been doing a marvellous job in creating shareholder value over the past 5+ years. Hoping for another retrace today so I can keep buying chunks.

I do think this is a world class company. Also, glad they got rid of the greedy Jolyon.

This is a phenomenal company. Consistent yoy revenue and profit growth. Land they own will be worth a fortune. I am confident this will have a market cap over £1bn in the next few years. Bulletproof business model.

Finally, now let's get back to decent levels! This is so undervalued at current market cap.