I think it will be closer to 10c after incoming announcements over the next month or two and they should strike when the iron is hot. The final CR for FBR. Afterwards, they won't need another. at 10c, 15% would be just shy of 70 mill plus they would be having the 40-mill rolling loan and income from machine builds and those put to work. It wouldn't be needed again if managed well.
Building another couple FBR owner HX110 would fast-track the next JV's. 2-4 years we honestly won't know ourselves. Exciting times.
FBR Price at posting:
4.7¢ Sentiment: Hold Disclosure: Held
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