Profitable in 201527 Mar 2014 08:09
overall as good a statement i think we could expect. the factory is now being errected, this would not take place if the future business did not push for it.
enough money to cover costs to break even i believe is suggested and profitability by year end. china itself says it will take over 15,000T and we only made just over 2000T last year.
so pretty simple year ahead, quarry as much as you can, increase production to meet order book and build plant to improve processing.
this looks very interesting and it seems that all the marble has a place to be sold;
The Company has entered into an agreement to operate a quarry in Prilep, Macedonia. The agreement is for a period of 20 years with an irrevocable option to extend the period for a further 20 years thereafter. The Prilep quarry contains the highly desirable white Sivec marble, currently available from only one other quarry in the world, which lies adjacent to the Prilep quarry
GLA. i think this will be liked by the market. very prudent and sensible RNS from the board, considering of all aspects of business.