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5.2¢ first graphene limited

Surely you understood I didn't mean stocks have been sitting...

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windlove

1,116 Posts.

5

07/12/16

17:25

Post #: 21175601
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Originally posted by downsyde ↑

Mate what on earth are you on about? Craig called it an offtake, he was referring to the agreement as outlined in the announcement to obtain up to 1000tpa of graphite from the govt mine. That mine does not have 140years of stockpiles, what would that even look like? the mine is at a depth of 600m, it has been mining that same shaft for 140 years. It can increase production to suit demand if required or go about mining as is and just sell to whoever comes knocking. Pretty sure I've been clear about things, and what the announcement means. Pretty sure you're just trolling as nothing in the above is rational, at least I hope you are trolling as the alternative is not very flattering.

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Surely you understood I didn't mean stocks have been sitting their for 140 years.

If the supply agreement for the next two year is 1000tpa, the current supply agreement will be much bigger than 60t (40 + 20) from the SL government. Unless SL government atm cannot supply enough vein graphite so that FGR needs an off-take to secure the supply from future graphite mining. Otherwise, a supply agreement can be arranged now.

FGR Price at posting: 11.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 5.2¢		Change 0.002(4.00%)		Mkt cap ! $34.28M

Open	High	Low	Value	Volume
4.8¢	5.2¢	4.8¢	$4.192K	81.65K

Buyers (Bids)

No.	Vol.	Price($)
2	35716	4.8¢

Sellers (Offers)

Price($)	Vol.	No.
5.2¢	926340	4

View Market Depth

No.	Vol.	Price($)
2	35716	0.048
3	9898	0.047
1	21739	0.046
2	116666	0.045
3	85375	0.044

Price($)	Vol.	No.
0.052	926340	4
0.053	134315	1
0.054	261051	4
0.055	65000	2
0.056	105000	1

Last trade - 13.37pm 06/08/2024 (20 minute delay)

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