FBR 3.85% 5.0¢ fbr ltd

Predicted Share Price, page-182

  1. 3,113 Posts.
    lightbulb Created with Sketch. 1445
    well hopefully the Byford build brings in revenue and should therefore decrease the cash burn rate.

    The Dayton house land was purchased previously so it should only be the cost of building the 3x2 minus bricklaying costs. So maybe $300k but that gives them an asset that they can sell in time.
    There is also another block of land somewhere so factor in another $300k for summit to do a build.

    None of these costs are significant and they will have 2 complete houses on the asset register.

    If they can do 4 builds a month for $15k each, then the burn rate drops even more. Finish H1 and do another 4 builds a month and again the burn rate drops further.
    start doing 2 builds per week per machine and revenue is now approximately $240k per month.
 
watchlist Created with Sketch. Add FBR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.