After the previous management was sacked, I have written off all of their developments and the forecast of BE by the end of 2019.
Mike has progressed the concrete division very quickly which is a high volume segment, based on Todd's advise, the company moved away from adding graphene in the mixing process to a new innovative method of using this as a grinding additive. We all know new and innovative methods take time and to see FGR is now completing the worlds largest trials is significant.
I would like to see a side-by-side comparison between the Grinding aid improvement vs GEIC's additive.
BTW, FGR's current MC is $64mil, its sales and progress is inline with its MC, it is not over-hyped and the SP isn't that low where investors no longer see any potential.
There is plenty of FGR developments that have gone cold, I personally would like to see FGR move into new conductive films to replace copper in EV (wiring) and in batteries to remove the copper foil with a graphene-infused plastic.
FGR Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
