WAAS works well IMO if they can get the strategic partner, FBR...

WAAS works well IMO if they can get the strategic partner, FBR cannot fund machines.

Simplistically this is how I think it will work (all hypothetical), lets use Oldcastle as the strategic partner (will be a block supplier in most cases, and they are in US)

1. WAAS entity set up that FBR own 50%, Oldcastle 50% - Fastbrick Americas.
2. FBR give Fastbrick America rights to all of US for X amount of time.
3. Oldcastle have exclusive rights to supply all blocks for Fastbrick Americas.
4. Oldcastle loan Fastbrick Americas money to start up and build 50 machines over 5 years with Leihberr.
5. Loan is paid back + % from revenue.
6. Once debt paid off FBR/Oldcastle share in any net profit which will flow back to FBR/Oldcastle.

Simplistically, Oldcastle/BKW/Weinerberger get to sell blocks as a wall/service to builders. They have to fund and find the work, FBR just supply the tech/IP.

FBR don't make money from selling machines, they make cash from selling WAAS once cost for machines/start-up has been paid back.