Share Name Share Symbol Market Type Share ISIN Share Description
Fox Marble Holdings Plc LSE:FOX London Ordinary Share GB00B7LGG306 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 1.375 312,814 08:00:00
Bid Price Offer Price High Price Low Price Open Price
1.35 1.40 1.375 1.375 1.375
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.72 -2.92 -1.00 4
Last Trade Time Trade Type Trade Size Trade Price Currency
13:27:42 O 120,000 1.3511 GBX

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Date Time Title Posts
07/9/202114:38FOX Marble1,382
11/6/201916:21THE FOX IS DEAD38
29/3/201817:55Fox Marble: Mining and processing marble from Kosovo1,771
10/3/201710:14Fox Marble5

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Fox Marble (FOX) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-09-24 12:27:431.35120,0001,621.32O
2021-09-24 11:56:591.38801.10O
2021-09-24 11:26:411.396,00083.63O
2021-09-24 11:13:261.35180,0002,431.80O
2021-09-24 11:05:591.386,50089.38O
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Fox Marble Daily Update: Fox Marble Holdings Plc is listed in the Mining sector of the London Stock Exchange with ticker FOX. The last closing price for Fox Marble was 1.38p.
Fox Marble Holdings Plc has a 4 week average price of 1.38p and a 12 week average price of 1.38p.
The 1 year high share price is 2.62p while the 1 year low share price is currently 1.38p.
There are currently 308,372,214 shares in issue and the average daily traded volume is 293,623 shares. The market capitalisation of Fox Marble Holdings Plc is £4,240,117.94.
dinit3w: KTV breaking news in Kosovo regarding court Seizure orders for Quarries illegally transferred to Fox and Forged signatures. Watch from 0:20 to 3:52. https://m.youtube.com/watch?v=CeNuieBCrkg
dinit3w: Update from Kosove. Fox Marble is not well. 3 last quarries left in Kosove are shut down by government due to fraudulent transfer. Here is news article with attachment to Judge decision dated and look photo of Fox Marble showroom in pristine now for Rent and Fox kick out total collapse is devastation for any of investor News article with Court descision: hTTps://www.epokaere.com/kosova-mund-ti-shpetoje-195-milione-euro-nga-arbitrazhi-nderkombetar/ Photo of Fox Marble Collapse (me qira = to let): https://ibb.co/4fGVphr
pugugly: RE Gulf - Must have forgotten about this Link -- https://markets.ft.com/data/announce/full?dockey=1323-13824259-362VH2EOG4JVO7VG7TM9D4BJG6 Data below - However still not much wiser! Acquisition of Gulf Marble Investments Limited October 11, 2018Source: RNS RNS Number : 6602D Fox Marble Holdings PLC 11 October 2018 11 October 2018 Fox Marble Holdings plc ("Fox Marble" or the "Company") Acquisition of Gulf Marble Investments Limited Fox Marble, the AIM listed company focused on marble quarrying and finishing in Kosovo and the Balkans region is pleased to announce that it has acquired Gulf Marble Investments Limited (Dubai) its joint venture partner based in the Prilep Alpha Quarry in Macedonia, including all the rights attached to that Company. Under the terms of the original agreement to acquire the Prilep Alpha quarry in Macedonia in 2013, Gulf Marble Investments Limited provided the funds to acquire the license to the site and capital investment amounting to €1.7 million, and then entered into an operating agreement with Fox Marble to operate the quarry. In compensation Gulf Marble Investments Limited was provided with a royalty amounting to 40% of the gross revenues received from the sale of its block marble from the quarry. The acquisition of the quarry rights in Prilep Alpha was originally announced on the 4 July 2013. Through the acquisition of 100% of the share capital of Gulf Marble Investments Limited, Fox Marble will effectively re-acquire all the 40% gross revenue royalty, as well as all the assets and capital equipment held by the entity. As consideration for the acquisition Fox Marble has issued an Unsecured Convertible Loan Note ("Loan Note") in the amount of €1.785 million. Under the terms of the Loan Note, the holder may elect to convert at a conversion price of 130% of the 3 month volume weighted average share price. The Loan Note is repayable from the 1 October 2020. The Loan Note carries an interest rate of Libor plus 1.5% payable annually in arrears. Following the issue of the Convertible Loan Note detailed above the Company has a total of £2.85 million Convertible Loan Notes outstanding. Chris Gilbert, CEO, commented "Our arrangements at the time afforded us the unique opportunity to not only acquire the rights to a white marble quarry containing the world famous white from the Prilep region of Macedonia but to develop the quarry to commercial standards. Our joint venture partners Gulf Marble have been instrumental in achieving this and we are grateful to them for helping us reach this goal. We look forward to seeing the benefits of our increased participation in the Prilep Alpha quarry feeding through to the bottom line going forward from our activities in Macedonia"
yuqin24: Of course they bailing out. Fox are absolutely finished. Even Dentons are goin to run away and they preparing so called Snesbitts because no Law firm wants dealing with this scam corporation. Remember when Stephenson Harwood LLP left Fox ?? Did they tell investor ?? No of course not
pugugly: Gamblers only at this stage - imo - Summary as I understand it. Please correct mistakes if any points wrong Fox claim that the purchase of the Maleshevë quarry was lawful The previous owner claims it was fraudulent The court decision appears to be in favour of the original owner Fox claims it was "Was denied the right to appeal any decision relating to the Malesheva quarry in direct contravention of the provisions of the Kosovo foreign investment law, Law 04 /L-220 as well as its own rules and procedures". Fox have applied for arbitration The key point (imo) could well be the valididity of the Court decision and its validity resulting in the Independent Commission of Mines and Mineral ("ICMM") and the Agjencia e Regjistrimit të Bizneseve ("ARBK"), the Kosovo business registration agency refusing to register Fox as the owner. Interesting times - I have a horrible feeling that the only winners will be the lawyers. Anyone got any updates or views on the above summary. In particular the refusal to grant an appeal.
captain_kurt: I see out troll is back lol from another bb This is a almost certainly the work of a highly toxic ex-employee who has now lost 4 court cases against Fox Marble (the original case + 3 appeals) and the walls are closing in. Ergo, this looks very much like a last ditch, desperate effort to defame the company and its management by projecting his own legal peril onto the company, thinking perhaps that by promulgating false information and harming the share price, he will somehow gain some leverage. A patently crackpot strategy, but so go the actions of a desperate individual. As has already been 'said', the company never had any original obligation to disclose any of the frivolous legal actions taken by this corrupt individual, and after his multiple defeats in court, it has even less obligation to do so now. In this whole filthy process however he is. ironically, ADDING to his legal exposure in my mind, by conducting this outrageous attack on the company in the UK, and if he thinks the relative obscurity of a financial message board will protect him, it will not.
yuqin24: If Kosovo want an out of court settlement then why haven't Kosovo paid up yet then ?? Surely Fox has been trying for out of court settlement for the last year and a half ?? They not paying a cent because Kosovo have a strong case. Fox is a public limited SCAM and soon will have 3 quarry licences revoked and when the so called arbitration is lost by Fox due to Fraud and Scams. Kosovo will proceed to fine them for expenses incured during arbitration and NO ONE including Denton's will cover this because they didn't explain to Dentons that they commited serious Fraud. Good luck.
yuqin24: Case going nowhere unfortunate for Fox case fully active. In fact is all over really no hope for Fox now even struggle for Rent LOL. No £195m. Keep in mind most serious fraud with 3 quarries and other crimes with 10+ year in prison punishment occur from e year 2011. Now tell me why Kosovo pay Fox £195m for so called Malisheva contract in 2013 when Fox are serious criminal in Kosovo from 2011?? + no make even 1 penny profit and just steal millions from Stock in london with longest running scammer.
burtond1: This could really be Fantastic for Mr #FOX"...With a current market cap of around £6m @FoxMarblePLC is claiming for damages of more than €195m to compensate for the cost of its development of the quarry and lost revenues..."https://total-market-solutions.com/2021/02/fox-marble-holdings-plc/
woodstock17: Fox Marble eyes expansion as it hopes to turn a corner in 2020 Fox Marble is developing world-class marble deposits that have long lain idle in the Western Balkans. Despite an ongoing arbitration with the Kosovan government, initiated last year over its failure to protect Fox’ investments, the London-listed company is committed to the region and, according to CEO Chris Gilbert, has its eye on additional assets. The company’s history has been a chequered one. Since it listed on the London Stock Exchange’s AIM market in 2012, the share price reached highs of around GBX25.00 in June 2015, but since then has drifted lower and stood at just GBX2.35 as of February 14. With its marble processing factory close to the Kosovan capital Pristina up and running since 2017 and having expanded in 2018, Fox was close to turning the corner in 2019, when an attempt to take over its assets was launched. While Fox successfully fought off the attempt, disappointed with the local authorities’ failure to provide the support required under Kosovan law, the company launched a €195m international arbitration claim against the state of Kosovo in September 2019. “We [had] no choice but to do this, or we would not have been responsible custodians for our shareholders,” says Gilbert in a telephone interview with bne IntelliNews. He says the size of the claim was “robustly calculated on the basis of losses we have incurred and will continue to incur as result of the failure of the state to apply its own laws and regulations.” While the outcome of the case is still unclear, Gilbert notes previous investor-state actions in Kosovo such as the very similar claim successfully pursued by Devolli Group over an investment in the telecoms sector. Since Fox’s claim was filed, Kosovo has held a general election, in October 2019, and four months later the country finally has a new government, a coalition between the centre-left nationalist Vetevendosje and the Democratic League of Kosovo. Vetevendosje leader Albin Kurti took office as prime minister at the beginning of February. While noting that Kurti has never held office before, Gilbert says: “we believe in his approach, which is: we want to clean things up, we want to make Kosovo a place that’s attractive to foreign investors, and we want to be open for business. That’s going to serve us very well indeed … we are confident of our opportunity to pursue this claim and win something for our shareholders, who have been very patient and long-suffering.̶1; Committed to Kosovo Despite the litigation, Gilbert says, “we remain believers in what we doing in Kosovo. We are not retreating from Kosovo because the government have not behaved well.” He refers to the combination of “world-class marble in the ground doing nothing” coupled with an educated, willing, dynamic labour force in a country where the average monthly wage is just over €300. Margins in the marble business are “eye-watering”, says Gilbert. The industry is also highly fragmented, dominated by Italian, Greek and Turkish families, but with no single dominant company. The dimension stone business is worth around €16bn a year globally, but the turnover of the largest player, China’s Best Cheer, is just €300mn a year. As a result, says Gilbert, “accessing the industry is easy if you can find the resource.” A feature of the geology in Kosovo is that it is rich in natural resources such as lead and zinc as well as having a “vast quantity of very high quality, in demand marble which used to form the basis of a stone industry 100 years ago, but failed when the whole republic of Yugoslavia disintegrated after Tito's death. We came along and said we can do something with this,” says Gilbert. Fox Marble’s quarries in Kosovo and North Macedonia contain over 300mn cubic metres of premium quality marble and decorative stone. The region also benefits from good road links, a legacy of the post-war international reconstruction efforts, with most of the marble from Fox’s quarries shipped out from Durres in Albania or Thessaolinki in Greece. Kosovo is part of the Central European Free Trade Agreement (CEFTA), which has a trade agreement with the EU and various other jurisdictions, making it quick and transparent to transport marble across international borders. A sought-after resource White marble from a quarry close to Fox’s in North Macedonia was used to build the Sheik Zaid grand mosque in Abu Dhabi. Fox has established its own reference projects; notably its “grigio argento” marble, dark grey with a gold vein, from Kosovo was used by Berkeley Group’s St George division to fit out the bathrooms in its €15mn penthouses in Chelsea Creek to differentiate them from other apartments in the luxury Thames-side development. “This is a reference project for us. It demonstrates our marble not only can compete with Italian and Greek marble but actually, because we work in a very competitive labour zone, we are very competitive price-wise and our marble has found favour around the world as a consequence of that,” says Gilbert. Another line of business is that Fox’s factory is now processing for third-party quarry owners as it is the only modern factory in the region, with all Italian equipment: “The demand on us for processing is greater than our capacity to provide, which is a nice position to be in." Fox Marble's processing facility in Kosovo. Source: Fox Marble. Beyond the two asset strategy Gilbert is a serial entrepreneur who has come to the marble business after founding successful music companies. Last autumn, he beefed up Fox’s senior management with two important appointments: the company’s new senior adviser Don Nicolson, who has 26 years’ experience at BP and is a former chairman and interim CEO of Spain-based stone quarrying and processing company Levantina — “you couldn’t ask for a more heavyweight, experienced capable pair of hands,” says Gilbert — and Francisco Espinosa, also ex-Levantina, as chief operating officer. While Gilbert cannot disclose exactly what the firm is planning for 2020, he tells bne IntelliNews: “Broadly speaking, we are expansionist in our attitude. We plan to focus on our two-asset strategy to get to the position where we have turned the corner; this is part of our budgeting and planning over the next six to 12 months. In the meantime, we have our eye on some assets which we think can be money producers in Kosovo and North Macedonia.” He stresseds the amount of resource in the region "sitting there doing nothing”, and says the company is keen to develop the business beyond its current two-asset strategy focused on its Prilep quarry in North Macedonia and processing factory in Kosovo. He acknowledges the company’s “loyal and long-suffering shareholders” that have stuck with Fox over the years, and that it has taken longer than expected to make progress. “We have taken a long time to get to the position we are in at the moment — longer than we said we would. We put a lot of energy into it, and it wasn’t immediately visible, but [the results are] starting to flow through now,” he says. “This is a very high-margin business, in a very low-cost region. We estimated that our marble and our project is hugely desirable, and now we have reference projects to prove that. Our job now is to expand on the base that we’ve painstakingly built over time to create a profitable and successful business."
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