FGR
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2.13% 4.6¢ first graphene limited

Explaining FGR's and vein graphite's competitive advantages, page-74

  1. spid81
    16,468 Posts.
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    21/10/16
    15:38
    Post #: 20034995
    Hi windlove,

    If you look at FGR exploration licenses they are all over the country, Each site will have some variation. IMO it wouldn't matter if it came from Elcora,

    FGR have exclusive rights to exploration licenses covering approximately 39,500 hectares / 96,000 acres

    Elcora only have a 40% stake in their mine, this is only 89 acres / 36 Hectares + 936 acres of exploration, the mine use to produce 18,000tpa, annual production is now only 500 tpa,

    http://hotcopper.com.au/threads/similar-companies.2772622/page-42?post_id=19890290#.WAmV5Sh97tQ

    http://www.elcoracorp.com/mining-ragedara-graphite-mine/

    DYOR
    Last edited by spid81: 21/10/16
    FGR Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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