Ann: FBR and Brickworks form joint venture, page-256

Binding partner that does what exactly mate

supplies blocks takes half the profits wow great deal not !

Why isn’t the binding partner tipping in some cash ?

Why are the sub holders not buying at these low levels why are directors not buying at these low levels

you realise the deal with BWK which I did say would happen is not all that material to FBR it’s simply an agreement to supply and form a JV hence why it was not price sensitive

there is no revenue stream discussed is there of funding for more HX what on earth are they going to do with just two machines

where are they getting the money to build more machines from 2 machines will generate jack then they still have to find builders who want WASS that won’t be easy

ten house build end of year still ? Mate think about it how low on cash will FBR be in six months

The only way this Co will ever succeed is to have hundreds of these machines built and that could take forever great idea brilliant innovation but cash is there biggest enemy

The ASX graveyard is littered with coys where cash was the downfall will that be the fate for FBR you can’t run a business on thin air mate they have three quarters of cash left then ?

somehow they need a major stakeholder to inject capital otherwise this will be a very very slow burn don’t think for one second BWK will keep tipping in cash