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09/04/18
16:41
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Originally posted by timboc
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1 key thing for me is do they have to pay for the components etc for CAT to do the build, or a percentage of that or is that for CAT to finance? If they need to make 100 machines for KSA, then they'd need up to $1m per machine in construction. I'm sure that they would probably deliver them in lots of 10-20 as they are built so effectively progress payments. Still that means that they would need $20m-ish to finance the production.
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Depends how much of the farm they sell to secure CAT
Maybe it will be a case of under licence and FBR get a royalty
I saw an inventor in agriculture I know get shafted
His machine he invented got intergrated into a Johnny header his portion of each machine was very low
FBR will need to be careful they do not give away too much in its haste to get HX to market
Who knows but I can’t see CAT building the machines for love
They probably need a big foundation customer