FBR 2.63% 3.7¢ fbr ltd

Value if binding, page-45

  1. 6,553 Posts.
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    Why would anyone want to buy a machine for 2 million then have to pay a royalty on every brick used the idea is preposterous

    If the dry hired the machine I could see thru that but it's not workable globally they also said it's designed for many size blocks

    I think they were talking royalty per brick without CAT as a potential income stream

    No end user will be happy having to keep paying to use bricks they simply buy bricks in bulk from a brick maker FBR are not a brick maker and could not possibly sell bricks on a global scale

    Domestic dry hire yes I can see some tangible plan to provide bricks at a premium.

    Lots of unanswered questions emerging a investor presentation may well sort this out
 
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