They are trying hard to push the price for oppies exercise. No $'s mentioned anywhere in here though. Gerdau deal needs to come though quick or the oppies are dead in the water. I do wonder whether they might try and come up with an underwriting deal for the options.
Certainly progress being made, but timelines massively pushed back from original suggestions made by our Chairman has resulted in a dent to the Company's profile and reputation IMO. I can certainly see this being in a better place in 12 months time, and I certainly see a huge future for graphene, but until a solid $ deal is announced there are better opportunities elsewhere. It will have its day in the sun though for those with patience
FGR Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
