https://www.asx.com.au/asxpdf/20180409/pdf/43t1ky8lny5h0t.pdf
"After DST testing, the Hadrian X programme moves to a Factory Acceptance Testing (FAT) phase. This
testing process requires the Hadrian X to build structures in different configurations within a controlled
factory environment. It has been designed to ensure that the Hadrian X can lay blocks in every
combination, including routing and cutting, from slab to cap height, as required for building low rise
residential and commercial structures. This testing process is presently scheduled to take several
months.
Following FAT, the Hadrian X will then move outdoors for field testing in preparation for its first house
build, a 3-bedroom, 2-bathroom structure, known as Build1. Completion of Build1 is presently
scheduled for the second half of calendar year 2018. All plans and preparations required for Build1,
including the 3D CAD model design, have been completed and approved and slab preparations
have now commenced for the Build1 structure."
I would argue that considering they announced FAT is complete and they built build 1 without routing, they are obligated to tell shareholders what went wrong.
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https://www.asx.com.au/asxpdf/20180409/pdf/43t1ky8lny5h0t.pdf...
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