By Steve Herschbach
Metal detector sales up 30% (Recreational 11%, Gold Prospecting 42%) -
Africa is the largest market by far (due to gold prospecting detectors) -
New gold prospecting model coming GPX 6000 -
X-Terra and Safari discontinued -
Thirty million invested in Engineering / R&D. No wonder the competition can't keep up! I found it interesting that even with the new Vanquish and Equinox, sales growth is heavily weighted to the gold prospecting models, illustrating the relative size of the markets. The big money is in gold prospecting detectors, as further evidenced by sales in Africa in particular. And although a new GPX model is specifically indicated, there is no such hint about a new coin detector release soon.
Well positioned for FY21:
• Strong start to the year and in line with FY20
• Demand for our metal detection products remains strong
• Minelab will benefit from a full year of Vanquish® sales and the release of a new gold detector
• Current travel restrictions may impact Tactical Communications business development
• Minetec is expected to return to profitability
• Strong balance sheet allows us to explore strategic opportunities
Business update at virtual AGM on 28th October 2020
By Rod K
What would be a Fair price for a nice GPX 4000 with control box cover, signal enhancer, 3 of the small batteries for use with enhancer and a charger, and 3 coils, a new 10" Commander DD, a 7"x14" Nugget finder mono, and a 6"x8" nugget finder mono? Thanks for any replies and info.
By Steve Herschbach
Come to find that forum member Mike Haer has a weekly podcast each Monday that I have been generally oblivious to though I think I linked to it in the past on a given subject. Anyway, Mike had another new forum member, George Kinsey, on last week and the forum was mentioned. Many hours of listening available there from past shows so check it out. And thanks for the mention guys!!
By Ramis bozo
Herkese merhaba. Şu anda minelab gpx 5000 kullanıyorum, ancak gpz 7000e'yi değiştirmek istiyorum ama nugget Hayır.Biz şimdi sadece sana sormak istediğim Bizans ve Roma parası var gpz 7000 Doğru seçim miydi?
"Hello to everyone. I am using minelab gpx 5000, but I want to change gpz 7000e, but nugget no. We just want to ask you now have Byzantine and Roman money gpz 7000 Was it the right choice?"