CONGRATULATIONS FBR, page-9

It's important to realise though that it's only the first 300 machines that are on "unfavourable" terms for FBR (which is fine as CRH is taking a leap of faith). Any deals with brickmakers/builders from then on would be with FBR in a position of strength.

So instead of $US1 million per year per machine accruing to FBR it could be $US1.5 million.

There's a long way to go and still plenty of risk but the blue sky in this is bonkers.

What's hard is not being Braun. You think the share price always holds useful information when, in fact, people wait for others to react to news before deciding how they should react. Information cascades is what it's called. The share price *can* be highly indicative but it doesn't have to be.