Ann: Strategy Update Investor Presentation, page-2

Potential graphene market
• 420,000t total combined cement and concrete addressable market
• Current client opportunity base accounts for 3% (~12,600t) projected to
reach 10% (42,000t) by first half FY23

If the potential customers are deciding to enhance 10% of their products with graphene, they would probably need around 1.3kt. That would nearly outstrip FGRs theoretical production capacity as I expect it to be in the low ktpa limited by the feedstock (Sri Lanka vein graphite supply). Even 1% would push FGR to 130 tpa....

Hopefully we will see 100+ tpa by years end..

Cheers