and of course, as fbr has demonstrated in the past, if these talks are ongoing they would be kept confidential until contracts are signed. They are really building the suspense in a way that they have not done in the past. It leads me to believe they have something very innovative about the new machine. It could even relate to the way the pallets are loaded which contains some sort of proprietary tech. In any case, the space of the new machine are mindblowing. I’m a little surprised that the market is still not appreciating this progress and fbrs claimed closeness to commercialisation.
the way I see it, fbr has a close to monopoly product and is faced with a large total addressable market. Could you lose it all, for sure as no investments are guaranteed and there are known and unknown unknowns but think of the asymmetric risk/reward opportunity. Add to the mix the interest from brickworks and some other large players with good industry knowledge and I’m happy with the apparent trade off. But for sure, everyone should know there is risk buying a company like fbr being a spec company pre revenue.
not providing investment advice. Do your own research, etc etc…
FBR Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held
