FGR 3.51% 5.9¢ first graphene limited

Congratulations FGR, What a significant day for Shareholders,...

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    Congratulations FGR, What a significant day for Shareholders, Management, Staff, consultants and our University partners, we are now at allowed to start the Graphene Revolution. let's face it, no one else is in a position to drive it.

    Today's approval will allow FGR to enter into the number of binding agreements they FGR have disclosed in companies announcements and investor videos.

    A few highlights of what we can expect in the coming days/weeks ahead.

    From the Graphene Sales and Marketing Update.

    In the meantime, the Henderson production facility is continuing to process and stockpile quantities of PureGRAPH™ for delivery to a number of customers as soon as NICNAS registration has been completed. Finalisation of sales agreements is simultaneously progressing.

    At some point during 2019, the Company anticipates it will be selling approximately 18-20 tpa into these product verticals.

    IMO - our Purchase order for 2 tonnes (worlds largest reported sale) with newGen will now turn into a binding agreement now that we have secured NICNAS

    WG March TechKnow - around 3 min  Summary - We have a Number of Companies with sales contracts ready to deliver into once we secure NICNAS, Over the next 6 months we will be building upto a Break Even point. in 12 months time we could be earning between $2-10mil EBITDA.




    Now that NICNAS is out of the way, I am looking forward to the news of these sales agreements, this will give FGR significant exposure which can only encourage other companies to get into contact with FGR about its Graphene,

    In WG FEC weekly commentary after the news of newGen's purchase order, he mentioned that newGen's phone was running hot with enquires on how they could use Graphene in their equipment.
    http://www.fareastcapital.com.au/imagesDB/newsletter/WeeklyComm30November2018.pdf
 
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