Member Info for Nitbhav06

Unv, where did you get over £1m in h1? We recorded c. £600k.

I agree RB, it's borderline madness especially when you're posting hefty losses versus prior year! He needs to get GUN back on track and quickly. Very frustrating seeing investments flop. I'm super bullish on fastbase though. If I were him, I'd be looking to increase our position to around 1-1.5%. Forget these useless exploration companies.

Esh I agree. You've got more chance predicting lottery numbers. I hope it's good results for us. Will we see the 40% gross margin from Macedonia quarry this year as well? It will probably be peanuts in bigger scheme of things but every little helps.

Hamish needs to give us shareholders some confidence. Delay after delay at the moment! Not great news today regarding Metminco and Sunshine. We just need one off these investments to come to fruition. Also, what is next in terms of investments. We've got cash sitting on the side doing nothing for shsreholders.

Esh, what were you anticipating revenues to be for full year? Unk is saying €2.8m, I think €2.3m. We will definately post a loss this year but good to get others views.

Unv, this has to be our last year where we see losses. With all the investments made to ramp up production and bringing costs down, we need to see results come to fruition. I'm bullish in the long term. I'd take around €6-7m in revenue next year.

I don't think we will see a profit for full year results. I am almost certain that we won't. Next year hopefully will be the year we see a parabolic move in the share price. We should see a serious uplift in revenue and profits due to better sales mix of unprocessed, processed (slabs, tiles, bespoke items) and not having to use third-party suppliers for re-work of slabs. There are no excuses next year, Chris has to deliver with the additional investment in the quarries, factory and purchase of gulf marble. If Chris spends retained earnings next year to ramp up quarry production and buying more machinery for the factory, I'd be delighted. I wouldn't want a penny in dividend paid until we are in a position where we are producing in very large scale. It's the only listed marble company in the world from my understanding and with good results, this will create serious interest.

Unv, Esh there is no point lookinh at daily share price. Liquidity will come when we turn a profit and ramp up production and sales mix. This is a share to hold for the next 3-4 years minimum. I made a mistake with IQE and Ferrexpo in that I knew fundamentals were excellent but sold out due to impatience. Both would have given me a 8-9x return! Lesson learnt. Invest in fundamentals and from what I've seen, we will should do very well.

Esh, appointment only. Well worth going to have a look though.

Unv, yes I did TRY. There is serious interest in our product and believe me when I say it is beautiful. Also, the margins are ridiculously high based the avg selling price for cut tiles :). I'll be looking to top up again in the next few days.

Excellent news for us. Can't wait to see what other deals could be in the pipeline.

I visited the fox showroom in Wembley today. The marble range is absolutely fantastic. It was great to actually see the slabs in real life. It's so beautiful once polished and can see why demand is growing! Strongly recommend a visit!

NMS we understand your frustration however, most of us are invested in Fox and are in for the long term. Deramping is quite annoying as we all understsnd the risk, else we would have kept funds in bank.

CTW as it stands the future does look very bright however, this is an investment and it comes with risk. If you want a 1-2% return, put your money into bonds/banks. Our investment may go to zero and all shareholders should be mindful of this. However, the potential upside here could be 10x the current sp, once we are hitting scale and extracting high volumes or marble. With the new bench and cmc machine, this will help support this.

I keep saying this but it's very important to understand that we have a moat in that our cost base is low, the quality of our marble is superb and we are opening showrooms in strategic areas (UAE, UK etc.) where we can showcase this. I'm investing money in FOX as opposed to a bank because my savings will erode due to inflation and there is a good probability (no guarantee obviously) that I could see a 5-10x ROI over the next 4-5 years.

We just need to ensure that there is sufficient reserve stock in our warehouse for periods where our quarries are closed. The demand is clearly there and through word off mouth and building up connections, we have every chance of turning cash flow positive and generating profits.

All IMO but everyone knows my stance, I am a buyer at current levels and will keep cost averaging until the sp at least doubles.

CTW everyone will have differing views and we just need to make sure we are invested in FOX for its fundamentals and they have not been better. Chris needs to deliver now, it's that simple as the foundations are in place. Demonstrate that we can deliver high quality marble and competitive prices and penetrate the marble market as best as we can. In the long-term (2025) marble demand will be around £65bn.

Optimist, what is your view regarding current market cap for GUN. I can't help but feel that Metminco and Human brand investments will be worth £4-5m in the next few years. It's a real shame about Osyter as that isn't going well atm. HB have an excellent portfolio of beverages so if one of them are sold for a decent price, this should help the GUN SP rocket.

Also, I'm intrigued with where the c. £600k on the balance sheet will be invested in. I think they should slowly diversity away from oil and resource companies as it takes too long for these to come to fruition. Either way, the current market cap of £1.54m is very cheap.

I'd be very pleased if we were at £10m mc by 2020-2021. This is a long term play for me so happy to wait it out and buy on the dips.

John better to be in then out. High margin business amd hopefully good upside in the next few months.

Thanks Esh the pictures on Astrit's facebook look fantastic. I can't believe that's just one of the quarries! If Macedonia is even half the size, this is going to be a titan of a company in the marble industry. Our low cost base and economies of scale that we'll obtain through stone alliance in 4-5 years should take us to £500m market cap easily. Loading up fox shares every month atm as this could be huge.

It looks beautiful. The quality of marble we are producing is exceptional. The Alexandrian white looks absolutely glorious. I think I'll need to buy some for myself! Any idea on average selling price per m2 for tiles? I imagine profit margins are between 70-80%.

I genuinely think Human Brands will be worth £2-5m when it floats. Excellent product range. This is undervalued atm. All imo dyor.

Truro, dividend is not important. The company needs to demonstrate it can generate profits and increase this every year. I would rather fox invest in quarry/factory and ramp up production. This is more important than a divi. Get the foundations in place first. We have a very low cost base so external demand should be fully satisfied.