Firstly, thanks for the update MP - CEO. The narrative is promising and the coy moves closer to commercialisation. Of particular note is the precision that Hadrian is now capable of. Companies that produce window/door and other inserts can rely on FBR's structure. Mark spoke of the concept of "parallel manufacturing" to further expedite the build process.
So there's the applause - soldier on clever and resourceful men and women of FBR - I believe in this coy.
Now the gripe - the announcements of the collaborations with Archistruct/Vivienda and Summit were all met with a resounding sell-off in the market place - 2 years to full commercialisation obviously the trigger to sell - how impatient this market can be at times. SP performance has been very disappointing. Two years pretty much to this day FBR was mid to high 20's - now with all this progress - SP is at a 3 year low of 6 and bit cents and been in a savage downtrend for 6 months or more in a very buoyant overall market.
There is only one explanation for this I feel - cash burn and the spectre of another cap raise and hence dilution. Get a side-hustle FBR, build +sell something, somewhere, and make a little bit of profit - that's all it will take to put a floor under the SP.
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