After years, we only have 1 machine ready that we are aware of, and it's at the Liebherr facility in US specced to Aus and maybe not enough funding or time to send it back or elsewhere. Anything else is guessing unless I have missed something?
How do you evaluate an asset that does not have a record of business demand and financial revenue?
I agree another approach is needed, but who would want to back this, at what cost, and how do you think FBR can deliver on repayments when they don't have signed clients providing a positive revenue on operations?
What they need is a miracle announcement. A contract of substance, not another MOU or JV program. It needs to be about HX as well not something left field. I am unsure what else they can do, and that is why I am thinking it is over while still hoping im wrong.
FBR Price at posting:
0.6¢ Sentiment: Sell Disclosure: Held
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