Fox Marble Share Discussion Threads

[pugugly] 23/12/2019 16:05

Now no 4 on the fallers toplist down 22% Remember your 1st loss is usually your smallest one - I wonder if this will be the case here.

Andy's point re NO mention of the Kosovan quarries is (to me at least) a reason to keep powder dry or deploy elsewhere.

[andy] 20/12/2019 15:42

RNS, and another placing!


Chris Gilbert, CEO, commented "Our focus on our two core assets, the factory in Kosovo and our quarry in Macedonia containing the highly desirable Alexandrian white and blue, is showing positive results"

-------


So, no mention of the Kosovan quarries, only the one in Macedonia!


And yet another placing! How many more chaps?

[andy] 10/12/2019 13:21

AaronQ,


Thanks for posting again, and for the update.


Have you been close to the factory on a normal working day recently? And if so, were there any workers there, and marble processing being done? I presume it would be very noisy and dusty if so, therefore not hard to make an informed judgement, even from a short distance. Cars in the car park are another giveaway of course, and lorries moving around.


If a quarry is "closed", presumably they have no access, so how can they access already cut blocks I wonder? Or are they only prevented from cutting new ones but can go onsite to remove the already cut ones? that seems unlikely to me but you may know better.

[odvod] 10/12/2019 08:03

after all those years think and think deeply about the revenue

[pugugly] 10/12/2019 07:56

What is the take on this paragraph from today's rns?

"It is expected that there is a sufficient stock of block material at Fox Marble's Kosovo quarry sites to supply the factory for 18 - 24 months, without further quarrying there, in conjunction with the ongoing production growth from its quarry in Prilep, Macedonia"

[andy] 09/12/2019 09:18

That RNS suggests they've got plenty of spare capacity! I wonder why?


Revenues of Euro 100,000, but what are the margins? No mention of those I see!

[pugugly] 09/12/2019 09:05

now factory processing 3rd party marble blocks - Dressed up as increased factory utilisation and revenue - Agreed useful income BUT could be interpreted as we have been unable to obtain sufficient orders for our own processed product" or "we have political/legal difficulties in accessing the quarries we need"

Answers on the backof a postage stamp please.

[andy] 06/12/2019 00:07

Harold,


I clicked a few and they are all quarry pictures, no machinery, just empty quarries, all hosted on a free pic hosting site.

[haroldthegreat] 05/12/2019 23:50

Be careful on clicking links . You do not know what you might pick up !

[elfati132] 05/12/2019 19:31

hector108. I can assure you that these pictures were NOT taken on a Sunday. In fact it is easy to prove.

1)For the Cervenille Quarry compare the following photos taken one after another.



Here are the zoomed in versions of these photos:



Notice the aggregate Quarry (Not Fox) in the background with inactive Cervenille in the foreground. We can clearly see that the other Quarry (Not Fox) is working because of Heavy dust and movement of Vehicles so obviously this couldn't have been a Sunday.

For more evidence have a look at this video and note the Heavy dust on the left side of the other quarry and the inactivity of cervenille quarry in the foreground:


2)For the Suhogerll Quarry it really doesn't matter whether the day was a Sunday or not. We can CLEARLY see that there is absolutely NO heavy equipment on the Quarry site so this Quarry is DEAD for every day of the week and has been for years now.









Actually these two quarries have been dead for a long time now. Just have a look at google earth and use the historical imagery feature (clock icon on desktop)

Cervenille Quarry Co-ordinates: 42.452409,20.658214
Suhogerll Quarry Co-ordinates: 42.820579,20.663558

and please hector108, try not to give a false impression.

[haroldthegreat] 05/12/2019 14:31

perhaps fox should make a comment . I am sure they must read this thread to see what comments are being made . When I read the rns I misread finishing as fishing and thought that was an interesting idea !

[hector108] 05/12/2019 11:33

On what DAY of the week were these pics taken? They appear to show no activity but if taken on a Sunday then no activity would be logical.

I suspect some attempt to give a false impression.

[elfati132] 04/12/2019 22:54

R.I.P
2012-2019

[andy] 04/12/2019 22:22

elfati132


Thanks for the pictures, but what's your point?


Is it that they're abandoned and not working?

[elfati132] 04/12/2019 21:41

Cervenille Quarry:










Suhogerll Quarry:

[andy] 29/11/2019 22:54

Harold,


Those were the days!


I remember the first ever presentation, when they were saying they were looking to finish the factory construction in 4 months, and that was in 2012!

[andy] 29/11/2019 22:52

Pug,

Have a nice weekend yourself, let's hope they can pull the rabbit out of the proverbial hat here, it isn't looking good at the moment.

[haroldthegreat] 29/11/2019 22:23

if exbroker is still holding he must ,like me , regret having attended the initial presentations .

[pugugly] 29/11/2019 20:12

Andy - u have a great weekend - I suspect exbroker has not got a clue either as to the real position - warts and all - including who, if anyone, is brown paper bagging whom if this might be the case -

[pugugly] 29/11/2019 17:40

a few gamblers picking up at 1.84p (those are buys (imo) but silence from management (imo) tells us all we may want to know - You pays your money and place your bets!!!

Would be nice to have an update from AaronQ, if you are still following?

[pugugly] 28/11/2019 11:12

hector108 - Reading beween the lines of Andy's post message is (I think) PI's are seeing potentially better homes for their funds while waining for the legal process to grind slowly forward - or possilby (imo) they need some spare cash for christmas