FBR General Discussion, page-4861

Just finished reading the updated MST report on FBR. The key points are:

• MST values FBR at 10 cents (5x from here)
• The deal with CRH is a game-changer; The big vision is getting 300 of Hadrian X operational in the US. They’ve mapped out a plan for four purchase orders, each with its own terms. This move could mean a lighter capital model for FBR, letting them focus on what they do best without breaking the bank.
• MST figures each Hadrian X could rake in about US$0.5m in free equity cash flow annually for FBR, post some overheads. They reckon FBR could hit positive cash flow once they’ve got around 25 machines up and running in the CRH venture. The goal is to eventually swap out the CRH debt for something more favorable once things are humming along.
• The report suggests a positive outlook by mentioning recent successful tests exceeding expected performance metrics, setting a promising stage for the demonstration program's success.

Recent sell off appears to be momentum investors losing patience with price fallen below the 2.7c placement price. I think it is crazy how investors have forgotten that FBR traded as high as 3.7c on 45m volume the day after trading halt. If the demonstration is successful you can imagine that this level can be easily taken out again.

As always, DYOR.