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ASX FBR 3-7 year outlook serious discussion, page-57

  1. 6,553 Posts.
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    Thank you but you only need to come to Montana for a beer with me member Yankee Doodle Dandy my new home for the US summers going forward.

    Currently in MI tying up loose ends here. My citizenship came through in January.

    You know one thing this pandemic has taught me living here is for the past two years is 18 months of that forced upon me by the Australian government.

    It has taught me what I already know that Australia has a ridiculous cost of living in everything.

    You name it the costs weekly for the average Australian are nearly double what they are here in some cases for housing I would say 4-5 fold.

    Aussie mates who holed up down in Argentina near igazi lived like kings for 350 USD a week in a nice villa with a cook and a cleaner coming in daily. That included food and drinks they bought.

    My mates in Perth pay 13 bucks for a pint 35 for T bone and chips ! Rents here are a third of what they are in Australia. Everything is so much less like getting a Tyre fixed servicing a car. Domestic travel is so cheap here.

    Anyone in Sydney in there right mind with a home would be selling now and renting then re enter a collapsed buyers market in 2-3 years time

    Its madness paying 3 million for something that’s worth one million at best

    Housing in Australia is going to collapse Sydney will be the most stressed market on earth.

    That is why the costs in Australia are too prohibitive fir a Perth based manufacturer to be hugely successful in my view the costs PA for this type of company are staggering

    This machine could be made in Asia on masse for a third of the cost in my view why build in a shed at sultana it makes little sense to me. They need scale quickly now is the reason they are not that the machine is not right yet .

    Gee 120 million plus burnt you would like to think it’s good to go for mass production. Clearly there is something more to be done but what?

 
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