FBR 4.35% 2.4¢ fbr ltd

FBR General Discussion, page-4920

  1. 1,423 Posts.
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    I got thinking the other day that it's been a while since we were updated on progress made with the CHR JV.
    If the Aus spec machine is in fact ready, and meets FBRs design specifications, FAT and SAT is a tick the box.

    Herein lies my theory.
    I reckon rather than sending the Aus spec machine to USA to do SAT, they are waiting on one of the 6 US Spec HX units to be ready to ship.
    That way, the sent US spec HX machine won't need to be shipped back. It would do FAT before departing, do SAT upon arrival, knock over the demo builds in quick succession and would stay on to continue under WAAS JV.

    I could be wrong, obviously, but it would make sense to wait to ship the US spec machine if it is close to completion.
    Aus spec machine could remain for demo and testing as need be in Aus.

    Remember, according to FBR there are six HX machines undergoing completion, in addition to the Aus spec 110 undergoing testing within FBRs HQ.

    In any case, eagerly anticipating news on FAT, SAT, Demos and JV, as are we all. Toodles.
    While we wait, don't let your emotions get the better of you. If you are playing the long game then stop checking your trading account and just get on with life.

    Not investment advice. Do your own research, etc etc.
 
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