If they need to prove HX here in Aus properly to get people serious enough globally I think it spells trouble.
brickyards have got 2 years stock n closing kilns. Door manufacturers are at 25% capacity. Window/glass places fighting for work .house prices 40% less than boom prices ...
the wider building market and housing market is cooked at the moment and for people who think this isn't effecting FBR are very wrong .
the demand in this country simply is not there brickies are working for 80 cents a brick , in boom times that went to $1.25 so they are all hungry for work in a struggling market in which prices are down .
I reckon if FBR was were it is now in 2005 someone would gave grabbed this one and things may be different. But I see a slow churn and burn n 100s of millions more poured into this and even then it's only a 25% success rate .I also don't believe the wall story as I have said before .it's a stop loss .if and when HX and the housing market is really ready and a huge investor like CAT said hey here is a billion dollars let's make 500 HX and sell them , FBR will Chuck the wall bullshit out the door and sell machines.
All in my opinion .DYOR
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