Ann: Response to ASX Price Query-FGR.AX, page-29

I added a decent parcel on top of my existing position and pretty happy with it...

All battery grade graphite plays making new highs some with double or triple the market cap of FGR with heaps less potential... I mean decent ones do require large capital to even think about production and the others are way off... either dependant on off takes or just talking potential...

However, FGR is not only battery grade graphite but it's our graphene as well... Perhaps one of the best graphene plays in the world and definitely amongst the best lsites at asx...

The couple of others I like are graphene techs so don't count...

IMO I am expecting a market cap almost double from these levels in short term... that's within 3 to 6 months...

The volume after the cap raise indicates that it has tested cap raise level few times and might have soaked week hands... also the volume last two sessions including the highest in 52 weeks on Thursday might means that market is finally catching up and ready to make new highs as a first target... hopefully early next week IMO...

Let's see how we go...

Cheers