I honestly don't think Mike understands FGR shareholders.
We are all expecting the large sales that were detailed in the March 2019 ASX announcement, 2 years later it's pretty clear those forecasts were unrealistic. We need is to rebuild trust with its share registry, where the company provides updates on all aspects of our company and the number of customer engagements we have with a realistic sales path and where he sees the company in 12 - 18 months, by the looks of it, we have enough funds to keep FGR operating for the next 18 months,
FGR launched the following products last year,
Puregraph AQUA - no update on sales, testing or if this required regulatory approvals.
Puregraph 50 - no update on sales, testing or if this required regulatory approvals.
Puregraph LDPE - no update on sales, testing or if this required regulatory approvals.
PureGraph - MB EVA - no update on sales, testing or if this required regulatory approvals.
PureGraph - MB EVA - bitumen - no update on sales, testing or if this required regulatory approvals.
There is also no update on FGR's development of PureGraph HDPE - welding rods and plastic sheets.
Is FGR even running Henderson or have we put this on care and maintenance?
I honestly don't see the point of running the facility if we are only generating $77k in sales which is likely to be 300kgs of graphene. We you think about it, 300kgs of graphene can be manufactured within 1 day, (3 shifts) or over 3-4 days running on a single shift.
