FBR 4.35% 2.4¢ fbr ltd

What is Mike Pivac Doing? Something? Anything?, page-9

  1. 6,270 Posts.
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    I want to know what stage Mexico is at. No word since the announcement in september. If it takes 3 days to build a house, how the hell have they not completed 5 houses out the back by now? Is it held up because nobody can get here from mexico?

    "The first stage is a Pilot Program stage under which FBR will supply WaaS® for between one and five house structures on FBR premises using a range of designs supplied by GP Vivienda. Each of these structures will be subject to inspection, assessment and reporting by both GP Vivienda and independent consultants to ensure they meet the applicable building standards. Any time between the completion of the first house structure and the fifth house structure, GP Vivienda can determine that the Pilot Program stage has fulfilled its purpose and is complete.

    In the BlockTesting stage, which occurs in parallel to the Pilot Program stage, GP Vivienda and FBR will work together to test the performance of FBR's adhesive with concrete blocks that are commonly used in Mexico. The Block Testing Stage will continue for at least six months, unless otherwise agreed between the parties.

    In the Collaborationstage, which occurs during and for up to three months after the Pilot Program stage (unless otherwise agreed between the parties) GP Vivienda and FBR will consult to collate and assess the learnings from the Pilot Program Stage and the Block Testing Stage and identify, scope and schedule the next steps in the Strategic Collaboration Agreement."


    Last edited by seanl: 17/07/20
 
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