Hayashi not too sure the CR 2.7c is the issue.
I don't think there is much risk of failure for FBR to get to successfully complete 10 demos.History tells us it will take time , on the other hand , working with can do yanks , things may go quicker , especially with CRH doing the heavy lifting.
IMO , the details of the deal is underwhelming re FBR revenue streams and details need expanding.This seems to support limited income and continued CR to survive. C
- $2m USD for the hadrians FBR currently making at HQ (excluding changeout)
- $200k USD per hadrian for maintenance and training per year , less actual costs to do.
- Margin on whatever FBR negotiate with Liebherr after SAT to supply hadrians to JV at $2m USD
No mention of the fee for every block laid that Mike spoke about re Business model for WaaS , others finance the hadrians and lease to WaaS operating entity to build walls and FBR get a fee for supporting , coordinating and monitoring the whole process from HQ all over the world.At least that was my understanding.
If FBR were getting a fee for every block laid re house built , that would be the big revenue stream , service with low overheads.
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