FGR 4.00% 5.2¢ first graphene limited

Ann: Flinders University Update-FGR.AX, page-27

  1. 10,354 Posts.
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    Don't read too much into this at it is extremely low volume. Fgr so illiquid that it is most like retailers. A cr is usually done on the back of positive news unless fgr want to suppress and sp ascension in the short term. Hence I would expect some commercial news for the 20t graphite exported. Otherwise why else would one pay for another's graphite if one's own production is pushed back unless there is a schedule to meet. However the graphite production is the key to generate instant confidence, attract investors by illustrating the viability of graphite vein and provide immediate cashflow. The production is also a test of credibility in fgr's exploration and vein identification.
 
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