FBR 2.94% 3.5¢ fbr ltd

Ann: FBR $12.5m Placement Completed, page-75

  1. 533 Posts.
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    I don’t know about you but the Next hurdle I’m thinking is not a hurdle only made to look like a hurdle , you know what I mean it’s just a process paper trail . I just keep going back to $800k US handed over to FBR for a FAT test which passed with flying colours , bloody lot of $$$$ to just hand over for a piddly test build that took 2.5 hours . SAT test outdoors with the next Generation HX , same build same timeframe and $600k US ! I just cannot help wondering how much these guys are prepared to loose on “Tests” crazy don’t you think ? The other theory is , it’s already passed this is just a formality and media attraction to really put this JV on the map . Call me crazy guy but throwing away that sort of money on “Tests” just doesn’t make sense ! Hang on I’ll just pay you $400 non refundable for that microwave but what happens when I plug it in and doesn’t work ? Get my drift
 
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