FGR 3.77% 5.5¢ first graphene limited

Ann: Annual Report to shareholders, page-103

  1. 15,735 Posts.
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    Good morning TM,

    After listing to the section that you highlighted (Thank you BTW) I had to double-check the date 27th August 2019, I then realised that I had not listened to the audio, as I assumed it was an old podcast.
    Sorry @Idjut for not listening to it when you posted the link.,

    Very interesting comment from JB, "We're working with a partner, who is not in the UK, we are in fairly advanced discussions, if the demand happens, We will clone that plant in the UK for a European operation"

    Out of all of the GEIC Teir 1 partners (Graphene Manufactures), FGR is the only company that is not based in the UK or have a production facility in Europe, It is plausible that the company they JB is talking about is FGR, it certainly fits with FGR's future plans that were announced in March.

    "Given the size of the UK and European markets for similar products and considering the marketing efforts already underway in those regions, it would not be unreasonable to expect total orders for this region to exceed 200 tonnes in a relatively short time frame – perhaps two or three years

    The existing 100 tpa plant at Henderson is just the beginning. Market research undertaken by the Company suggests it could be fully utilised within the next 12-24 months, particularly if UK sales live up to expectations.

    It is a significant benefit of our modular proprietary production process that the Company’s capacity can be expanded at relatively short notice in response to sales orders. This minimises capital and dilution risk for shareholders. It also means additional plants can be constructed in locations closer to markets, for added efficiencies."

    It would be fantastic to see this confirmation from FGR,

    The other interesting comment that TB came out with, was the independent certification by the graphene council, where they have had end-users request that a company goes through the verification process and they have also had investors request that companies complete the certification process prior to making an investment. It is my understanding that the cost is only US$32k for a company to go through the Graphene Councils Independent certification.
    I first thought that the Verification process was purely a marketing exercise, after hearing these two examples, wouldn't it be appropriate for FGR to make this small investment to give their end users and shareholders the confirmation that we are a true graphene manufacture?
    Last edited by spid81: 14/09/19
 
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