FBR 3.33% 4.4¢ fbr ltd

Ann: FBR Executes Binding US Agreement with CRH Ventures Americas, page-215

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  1. 556 Posts.
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    I can’t see them doing a CR at a premium. The hadrian still needs to pass the factory acceptance test of 285 blocks an hr, then it needs to pass the site acceptance test. Then will conduct a Demonstration Program. All that needs to go right and succeed, otherwise CRH can walk. So I can’t see why anyone would pay a premium when it hadn’t meet those milestones yet.
 
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