C'mon management, you have to better than that announcement. Too many unknowns.
The corollary of the issue in the announcement regarding purchase of feedstock is that FGR won't have enough ore to provide to 'potential' purchasers over the next 2 years. Therefore they are required to purchase a substantial amount of ore over the next two years from a third party supplier. Notwithstanding that there may be sales down the track to those companies conducting 'test work', there is no guarantee at this stage that future purchases of the ore or graphene will take place.
And where is the update promised at the AGM regarding the EM/veins identification and drilling updates?
Testing the patience of loyal shareholders I'm afraid. @alpaka, in regarding to the website updates, this is business 101 in 2016. Potential investors, as part of their due diligence, will visit the website as a matter of course. It needs to be polished and professional and up to date. What's the most it could cost to get the bloody thing sorted? Get an IT guru onto it and get it sorted. Sheesh.
Rant over.
DYOR
Biggles
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