Ann: FBR Raises $17m, page-43

insurance is about measuring risk hard to measure risk when they don’t know what the risk is 

however most companies would have public liability insurance covering accidents etc 

machinery can be unpredictable trust me I’d be more concerned what premium builders would have to pay on the build gurauntee which all builders have to give  

we simply don’t know how the adhesive etc will stand up to harsh Australian conditions over years might test ok but that’s a whole different story in places like the Pilbara or NT 

I Suspect it will be fine as will the blocks but it is a unkown
as it hasn’t been tested for a few years in our weather here

The one problem with machinery is that it has a very short lifespan before either needing upgrading or replacement 

don’t under estimate what warranty costs do to the bottom
line of machinery manufacturers it is a real cost

Selling machinery can be very profitable but someone here is going to have to make these robots and that someone will take the lions share of any profit 

it’s complex and very capital intensive it comes down to where they Best can get a heap of these robots produced and what profit they get from it