as much as I hate to admit it I tend to agree with you in part. i can’t see them having SAT done by the end of Q3 wich would mean another CR at these sort of prices HX will be sucessful and I believe will become the mainstay like the concrete pump. Unfortunately burning through 24m a year and I’d say 9-12 month lead time on the first batch of HX I can’t see any real steady revenue till middle to end of next calendar year. does anyone know if the 70 odd million in tax credits FBR have here can be utilised on profit from revenue made in the US?
FBR Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held
(20min delay)