FGR 4.00% 5.2¢ first graphene limited

Ann: Flinders University Update-FGR.AX, page-15

  1. 16,139 Posts.
    lightbulb Created with Sketch. 6897
    I have compared the progress from the 22 Sep & 31 Oct announcements to work out when I think they will commence mining.

    Pandeniya shaft
    In Sep shaft was at 34m with a required depth of 45, In the Oct Ann they progressed to 37m,

    Aluketiya shaft
    In Sep shaft was at 19m with a expected mine depth of 28-35m, In the Oct Ann they progressed to 22m

    Based on the 3m advances per month, we could be waiting until Jan Feb for mining to commence,
    FGROB expire in May, they should be okay.

    I really hope we get some sales over this QTR, they have allowed 289k for production costs,

    I am really impressed with FGR over the past few months, They have a road block and find a solution,
    I wonder if we could get IP for the use of TTF and VFD for graphene production ?
 
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