Why FBR is the best spec buy on the ASX target price 24 cents

Greetings from a chilly Missouri just back from beautiful Montana to news we can’t get a flight back to Perth to February 22 2021 and that’s stand by in a ballot !!

OK FBR I’m a buyer why you ask well I’ve been waiting to see how the first two builds went very impressive by all accounts and I believe that the pathway to commercialisation is much clearer now.

i firmly believe that the future of FBR is off shore in South America and in KSA where I think the HX in my view will be assembled after been exported to work on contract this is just my hunch no info on this

I think funding and a bank facility is more than likely on the back of some orders for construction of homes offshore to come for the machines that’s the feeling I get of course that’s just a crystal ball Stab in the dark I could think of ten million reasons why to buy FBR I feel given the success of the builds it’s a powder keg waiting to explode with a rapid rise in SP the result is my best guess

my target price is 24 cents in 6 months I believe that there is now significant upside and FBR is a buy all day at these levels DYOR

i rate FBR a strong buy