FGR 1.85% 5.3¢ first graphene limited

Ann: Trading Halt-FGR.AX, page-9

  1. 534 Posts.
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    9c capital raise for $2m which will get them through to operating cash flow and also allow them to secure more land and expand the pace of exploration...
    If I were a guessing man...I would say there are a lot of battery manufacturers around looking to get their hands on good quality graphite and graphene as the race for cheaper and more efficient batteries intensifies...
    First graphite is positioning itself to be the preeminent player from an ASX listed perspective..
    Demand for placement will be very strong..
 
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5.4¢ 176380 3
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