Ann: FBR and Brickworks form joint venture, page-478

You would like to think not, No point getting performance shares if they aren't worth anything on the market. Saying that, there is a very good chance of a capital raise soon that will tank the SP in the short term regardless IMO.

I just want to know what they are doing with that bloody factory costing them $800k a year. So much for the promises of regular communication via blog posts, that was short lived. A video of them doing the testing, a photo of what the expensive new 2.5 acre factory looks like inside now, a blog about what they are doing with it, ANYTHING about KSA would be nice. Instead it has been months talking about custom bricks with a company that's taking half of all future profit in Australia.

They need a clear path to commercialisation, not a clear path to building 10 houses and "we'll see" from there.

They are supposed to be fulfilling 20,000 houses for Saudi Arabia, lets hope its not another CAT scenario, where the company goes quiet then once they cant get around the disclosure anymore announce the MOU's discontinuation, because it really is feeling like that is the case IMO



DYOR