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12:44
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Originally posted by ArtTar:
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FGR has an admirably track record as an applied research company with 'many irons in the fire' - all highly relevant and applicable. However, translating this into commercial success is another thing. Whether they need to be more realistic about aspects of their business plan, as Spid has suggested, or whether we shareholders need patience/understanding, is the big question for me as something seems to be holding back a share price increase. I note that the share price of Hazer (HZR), in the hydrogen/graphite from hydrocarbon world, is galloping ahead at a great rate. HZR has no product to sell, is still building a commercial scale unit to demonstrate the viability of their process in the real world, but it is a stock market darling, at present. FGR is way ahead of HZR in implementing its business plan and the production of product but way behind in its attraction to investors and speculators. The vagaries of the market !
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Perhaps HZR is not a good company to make a comparison with. It is a 6 yo public company with an IPO of $0.20, but FGR is 26 yo public company with an IPO of $1.00.
