FGR 0.00% 4.8¢ first graphene limited

Ann: Update on Graphene Testing Program-FGR.AX, page-39

  1. 2,216 Posts.
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    I don't disagree that we're into a good thing, that's why I'm holding FGR.
    But when you're investing other people's money (and you don't want to end up behind bars) you need to follow a due diligence process. For mining investors part of this process should be ensuring there is a JORC confirmed resource. I.e. it has been assessed by a competent person in line with an international standard, rather than just a handful of photos and core samples.
    Too much history in the industry and falsified results by shady exploration companies.
    Not sure what it will take in this case for the big guys to get involved. If I had to guess, announcements for production and off-take contracts.
 
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