BKW signing the MOU is a fantastic technical verification of the HX and commerciality of WAAS.
All the noise surrounding mortar, routing, standards etc is not worth debating now that BKW are involved.
The first builds of WAAS and how the market receives it is the next check point.
Beyond that we need to hear that HX2 has relocated to Europe for the European pilot, and then the holy grail being the large scale manufacturing program.
Hopefully these milestones can be achieved in a timely manner with the market being kept well informed of progress. Improvement in this area is paramount to reducing market uncertainty, and I hope FBR have learnt their lessons.
Pivac said at the AGM the next 12 months will be huge and if they can execute above the share price will continue to build nicely.
FBR Price at posting:
9.2¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)