RE: Only 7 weeks to interim update21 Aug 2018 08:29
Like I said they aren't matching production with revenue and won't for sometime, there is no commercial advantage to this as then different people can start to get a clearer breakdown on prices.
The €70 million quarry down the road has dropped prices and it's very much sold on commission, product up front etc to help customer, overall they are loaded with cash.
The Chinese came back and took more and they have done again so the hope is this continues not like the first time however you can never be sure.
Tile orders to India is good, hopefully a lot more to USA and its predominately one type of marble. Two years and we will have clearly broke even, just a question of what's possible, I think then stone alliance will start to get some traction however fox needs to prove itself first
The company is current under valued based against poor confidence and early over promising and not delivering. It would be great if the product mix changed somewhat and slabs and tiles increased well, huge impact. GLA