FGR 6.38% 4.4¢ first graphene limited

Ann: Strong Improvement in Vein Graphite Mining Rates, page-12

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
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ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 948 Posts.
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    There's a hidden gem in this announcement, something really significant but not really in the words.

    People have felt that FGR has a habit of pushing announcements out before a CR and then going silent once money is in the bank.

    Here, we have a -HUGE- announcement, the one people (including me) have been patiently/impatiently waiting for since prior to the FGROB expiry.

    And it has come directly after a significant CR, while there is no need to increase working capital.

    This, to me, is more important than the contents of the ann itself.


    Adding to this, I feel Craig has listened to the criticism regarding setting unrealistic timeframes and falling short. It's great to see a projection of ramping up over the next 15 months, not the next 3.

    Honestly, 15 months makes me far happier because it's believable. While 3 months would sound so exciting, I would be thinking 'oh damn, here we go again with the missed targets'.

    This is a big day.
 
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