Two more quarters they will be less than 8 million with NO gauruntee CAT goes binding or any known sales on the books
All seems to be progressing nicely but they would be wise to address the cash flow now not later
Maybe they are waiting to complete Build 1 can’t see them waiting to CAT deciding to go binding
A solid quarter and some good moves the wage bill debunks the theory they were down sizing looks like they are expanding staff
Something big needs to happen next two quarters it’s make or break time for FBR
No surprises in that quarterly pretty much what we expected
Ann: FBR June 2018 Quarterly Report & Appendix 4C, page-14
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