Unfortunately SC, the lack of comms from FBR has bought all this on. FBR go from a “potential deal” with a company , then back to “ talks in progress “ with a couple of others.The SP is sadly reflecting that there’s absolutely no confidence in the company ATM.
I gotta admit, the last couple of Ann’s haven’t done much for me personally either. They have been very vague and weirdly worded ( or that could just be my illiteracy lol)
Either the CR is only going to be a couple of million ( why so little?) or quite a few million ( why so much?) I hope we get some direction with this Ann.
If the WA government was to give FBR funding $$’s, would that require a trading halt? After all they did visit just a few days ago.
Another negative effect of the failed JV is another CR & more SP dilution. How many employees do we have in the states? How much are their visas , accom , pays , flights ect costing us weekly?
It just goes to show how important it really is to nail these big deals when they come around.
FBR Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
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