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Embercide

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09/05/25

02:45

Post #: 78975978
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Originally posted by GaryJitters: ↑

I am not sure this has anything to do with builders, regardless of what some may say.

In WA more than one builder used HX more than once. They went back for repeat work. No builder has had the opportunity to use HX on a mass scale because the machines and operators are not present. People here have spoken with the following trades. I have a friend who has also spoken with the following trades, and all feedback has been great.

I have no reason to think that builders who complete brick structure homes, excluding brick veneer, wouldn't use it if they had the opportunity. They just don't have the opportunity as the machines are sitting idle and not ready, the finance for mass manufacturing has not occurred, and FBR has not managed itself financially well or met milestones for many years.

As others have said, the HX should be working day in and day out to help build the appetite, and the other machines should not still be under construction and commissioning. The problem with FBR for me is I believe they have become accustomed are comfortable with not meeting milestones, and I don't see a change coming. I see them already accepting slow progress to come. That is not good business or the mindset of a profitable business.

R&D needs to stop and focus on revenue needs to happen, but it is not. Still tweaking, being the upcoming focus.

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it's funny you say r&d needs to stop.

I seem to recall Mike said something years ago to the effect of FBR being a r&d company.

Considering the massive salaries over the years, maybe the intention was to suckle at the government rebate teat for as long as possible?

FBR Price at posting: 0.6¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 0.6¢		Change 0.000(0.00%)		Mkt cap ! $34.13M

Open	High	Low	Value	Volume
0.6¢	0.6¢	0.5¢	$23.70K	3.955M

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Price($)	Vol.	No.
0.6¢	27981782	15

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No.	Vol.	Price($)
170	84783937	0.005
39	15286507	0.004
22	12269665	0.003
9	11853000	0.002
16	50906023	0.001

Price($)	Vol.	No.
0.006	27982961	15
0.007	11955537	26
0.008	3275972	9
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