Hi Hokey,
All hypothetical dribble until an announcement is released.
Your entire 'theory' relies on the lack of information that has been provided to retail investors.
You have also not understood the reason behind BKW and WB's interest in FBR. It guarantees that their blocks will continue to be used? How do they not have a vested interest in ensuring their longevity?
KSA is obviously a different ball game. No one is denying that. FBR needs to confirm that the HX is fully operational & meets the building standards of KSA before they even dream of building a single house there.
I didn't realize you were privy to labor costs of third-world countries, quality of build etc?
'Serious revenue' will occur once we have built the 10+ commercial houses for profit.
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