In Australia it is chicken or egg first, in US it's chicken and egg at the same time.
Next monday announcement should contain:
Official execution of Joint Venture agreement for FBR
Agreed delivery date of 1st batch of HX units (plan for current H03, I bet it's still in US, parked either with CRH or Liebherr)
Offtake agreement signed by JV with builders, master building plan announced (New Century USA Homes, etc)
Update on manufacturing progress (hint on possibility in moving to USA)
Progress update on Liebherr OEM execution plan (MOU due to expire by Mar 2025)
At mean time, shorters and traders will be out of control for now, as existing shareholders hands all all full, new shareholders are on sideline waiting for JV announcement, whoever is willing to take upside risk will make the market this week.
FBR Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
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(20min delay)