hey spid,
I don’t think FGR has a product problem, FGR has an image problem..
The worlds leading graphene provider can’t get a deal accross the like with goals and targets that are expected by its chairman.. From break even to gerdau 50/50… it seem we have the product. But no way of pushing it in a way that benefits it’s bottom line.
we are making sales.. that’s great. But when a very positive deal is spruiked, and this agreement for the sake of an agreement is released what are we supposed to believe.
I converted some options, thinking that FGR deserved the benefit of the doubt, and that I would be rewarded after the options expire, because, let’s face it with the expiry date looming, there was no way the price would run. Someone would convert and sell in to take a 1c profit.
Now the sp can run.. but not with announcements like this… there is plenty to pick on about this Ann, and a good short play imho.. I am surprised we haven’t heard from jumpstart..
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Ann: FGR signs Distribution Agreement with Gerdau Graphene, page-25
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