FBR 4.17% 2.3¢ fbr ltd

Ann: FBR - Financial Statements and Directors Report - June 2020, page-53

  1. 1,414 Posts.
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    Burlzey , with reference to Wienerbeger (WB) , I find it strange that FBR never mention WB porotherm block testing progress.
    We have seen WB porotherm blocks on site.
    We haved had a WB management response to a poster that simple structures have been built at FBR site and would do more complex structures in 2020.
    We also had FBR say would not go to europe for WB pilot until they were satisfied the WaaS was ready , that was around time of first outdoor build early 2019.
    IMO it is just not about speed , its about the whole chain of suitability to hadrian re adhesive application ,optimal handling of porotherm blocks , accuracy and porotherm block tolerance.
    It would be great to get some WB testing feedback.
    Also , interestingly WB has sites in USA.
    The comment in ASX report that FBR and Vivienda are proposing to set up an operating entity in North America.
    Also the extensive upgrade to hadrian 1 as a prototype for scalable hadrian 110
    It seems to me the hadrian 1 upgrade is for optimal operation for large blocks including porotherm . Commercial future appears to be overseas with large block single leaf construction.
    IMO its about PATIENCE for investors and PERSEVERANCE by FBR
 
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