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Fox Marble – “Strategy Update” sees some more confidence return

Tom Winnifrith Thursday 5 March 2020

 

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Updating on Fox Marble (FOX) earlier this month, we noted we retain the patience for at least continuing to hold with the shares at 2.30p with the potential arbitration and it mitigating a forced quarry operations suspension with increased focus on the sales of processed material from the factory and “further contracts for third party processing are expected to be signed in the near future”. Further updates have now helped the shares to a current 2.90p…

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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Tom Winnifrith Bearcast: Boohoo.com, Baillie Gifford, slave labour & Leicester

I start with a few words on the end of lockdown for those of us living within 5 miles of England. Then I look at the growing scandal involving Boohoo.com (BOO), and its suppliers using slave labour in, Leicester, spreading disease and treating workers like, well, slaves. It is a scandal. But who will Baillie Gifford which wanks for Britain on virtue signalling ethical investing (see HERE) react as it is a major Boohoo backer? Now Matt Earl’s words about bumper margins at Boohoo, in my second video show HERE,  seem even more prescient.  PS remember to book your seats for MineProphets on July 18 HERE.

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