Hard to say. need more detail but..
JV is 51% FBR 49% CRH.
CRH fund machine purchases for JV.
JV buys blocks from CRH
FBR get profit (if any) on machine purchase and JV pays them to maintain.
Profits gets split 51%/49% after all costs in JV
$20 bill valuation is a pipe dream. would need to be 1000s of machines in many different countries laying billions of blocks a year.
FBR just need to worry about gettting the JV done and building 20 machines with OEM help.
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Hard to say. need more detail but..JV is 51% FBR 49% CRH.CRH...
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Open | High | Low | Value | Volume |
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1 | 23671 | 0.052 |
1 | 150000 | 0.051 |
5 | 463119 | 0.050 |
2 | 51448 | 0.049 |
Price($) | Vol. | No. |
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0.043 | 75000 | 1 |
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