Fox Marble (FOX) has announced an offtake agreement for €1.5 million of block marble in three six month tranches and which will see it receive an immediate €250,000.
The agreement with Gibraltar-headquartered Banyan Stone Ltd follows another announced in October – with the company emphasising that these “will provide a solid start to our revenue figures for 2015” and that it has “experienced a significant improvement in the level of interest in our product, particularly in the last quarter of 2014… We would expect further sales contracts to be completed early in the New Year”.
The announcement has helped the shares
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