FBR 4.26% 4.5¢ fbr ltd

Ann: Appendix 4C - quarterly, page-47

  1. 407 Posts.
    lightbulb Created with Sketch. 481
    I guess thats why FBR buy the 5 lots.

    So that they actually own the build, have the right to use Hadrian, WB blocks and get the builder to sign off the "partnership".

    Its clear they are using this to force their way into:
    - getting the builder to use HX, directly or indirectly
    - using WB blocks to prove commerciality to WB
    - likely the same for Xella

    Who pays for the WB blocks - whoever buys the house. I dont think the end buyer cares although the advertisement will say high quality european clay blocks from WB, (climate friendly?) etc.

    One of the 5 lots will be almost certainly be using WB. Prove commerciality and move onto next phase or whatever next.

    I dont think they will even think of the F-blocks now. Now is to get people on board.

    Is someone in WA ready for Waas subscription. Who knows. All we know is that Hadrian will be on numerous builds this year - CEO letter.

    Remember someone said Alcock is one of the original angels. Him subscribing to his own investment is totally plausible.

    Like all LT holders, including yourself im sure, we are all tired of guessing. It will unfold in the months ahead. Next year in Dubai (per Linkedin). If they still get nowhere, time to move on.


 
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