My understanding is that the volume to those clients was based on exclusivity. I.e. they wouldn’t evaluate new technology to their competitors. So. ALT get exclusive rights to FGR’s technical know how and access to their graphene, if they take ‘x’ tons. I understand it’s probably the same for their NDA’s. Now, leisure pools, export a lot of their wares from my understanding.
Right now, Australia is living in an incredible Covid bubble, where we have a very well controlled infection rate.. the rest of the world does not. Sometimes I try and understand what that would feel like, to be in the US or Europe right now.. and the last thing on my mind would be buying a pool.. so I can understand why their launch would be delayed.
the numbers provided included steel blue, and ALT, but no newgen, they had a contract for 3t from memory. The success with the bucket liners was amazing 600% increase in wear resistance. There is no way that relationship would sour surely. So we should be at break even now from that graph..
I wonder what the go is?
FGR Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
