FGR 0.00% 4.8¢ first graphene limited

Ann: Steel Blue Signs Supply Agreement, page-14

  1. 119 Posts.
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    While this is a nice announcement and it's great to finally start seeing more sales I am concerned that 3,000 kgs = $900,000 in revenue. Going on the P&L from last financial year FGR is running at an annual loss of $7,048,220. From my understanding FGR needs to sell 23,494 kgs per annum just to break even (one quarter of their total capacity at 100,000 kgs per annum). Here's hoping for a lot more sales contracts to occur over 2020.
 
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