once on the nightly news, and with some digital marketing the SP will get close to the mid teens, maybe even next week.
Only another ~30% from today's highs. Lots of people will see this for the first time and think the wow factor.
But IMO it will fall back down from there.... without a pathway to commercialization and all important revenue.
Holders and non holders have been waiting for this moment for sooooo long.
It is happening. It is magnificent to see. But what next.
Still they are making adjustments, changing hoses so the glue can keep up etc, as Mark mentioned in one of the videos.
IMO, there is a long way to go, before the HX is a commercial reality.
BWK walked away from WaaS for a reason. Sure they will still provide the bricks if they are asked, a sale is a sale, but they still walked away or wouldn't agree to the price FBR put on the value of WaaS. Why walk away when the first outdoor build was so close? That is what we don't know.
Also there is the problem of COVID. Anyone that manages to get DFAT to approve them leaving the Australia for business, might not be able to get back in for a long time. This is a huge disincentive at the moment. Cannot see the FBR people travelling to Europe anytime soon.
Not to mention funding.
FBR's only ability to earn revenue rests on 2 HX units.
There is no publicly available funded plan to build more. Lots of maybes and mightbes from those of us here on Hot Copper. But in reality, until we hear what FBR say, we have no info.
So whatever price the SP reaches, it will trend down from there until the future with a partner is laid out by FBR.
Then of course there is that massive gap in the chart that begins at 2.9 cents. It was only partially closed.
And of course the building codes. A tick of approval, doesn't mean that the building passes. Look at Opal Towers.
The FBR built house could pass, and 6 or 12 months later the people living with it start posting problems on social media, and Troopy says, I told you so.
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