IMO Mike should be rewarded for commercial deals , that is his end of the bargain as CEO , I would even give him a bonus Cartier watch .However he did get the restructure done to get cash flow below $1m a month and capital raise , so FBR could survive.
He does not appear to include any self sacrifice .
He appears to have set up opportunities , however the tech has not met the timeline , in fact covid was probably fortunate for FBR , hadrian not really ready. I cant see how he could do any commercial deals of significance , that would return meaningful revenue.
The hadrian 1 upgrade (109+) appears to be the commercial prototype that does the speed, accuracy and larger blocks, will not be able to demonstrate until first half of 2021.The hadrian 110 will be the model that is commercialised.
Outside of conditional MOUs , it is hard to see any real commercial deals next six months.
IMO , the huge revenue making deals will be robotic laying of large blocks , single leaf by hadrian110.
Patience required IMO .
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3.9¢ |
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Mkt cap ! $186.8M |
Open | High | Low | Value | Volume |
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10 | 1509609 | 3.8¢ |
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Price($) | Vol. | No. |
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28 | 3447512 | 0.037 |
13 | 2744221 | 0.036 |
17 | 2185170 | 0.035 |
12 | 2054843 | 0.034 |
Price($) | Vol. | No. |
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0.039 | 197674 | 5 |
0.040 | 3481110 | 13 |
0.041 | 1225208 | 7 |
0.042 | 1430000 | 7 |
0.043 | 1148599 | 4 |
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