Following satisfactory completion of the Block Development stage, FBR and GP Vivienda will collaborate to plan the entry of the Hadrian X® into the Mexican market at an appropriate time once COVID-19 has passed. This will also include achieving certification of the Fastbrick Wall System™ in the United States and Mexico and the establishment of a Wall as a Service® operating entity in North America to service the Mexican market.
certification of FBR wall in US and operate Mexico business from an North America entity indicates, there is potentially more JVs with US companies down the track.
Hearing FBR's view on GPV's profile really make sense, HX is not meant for a custom build down the street in Australia, but master planned community builder where HX just go down the street building 1 house after another, and another and another to achieve best economic efficiency.
FBR Price at posting:
6.2¢ Sentiment: Hold Disclosure: Held
