FGR 3.77% 5.5¢ first graphene limited

Funny, but the Germans are still bullish on this: One of the...

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    Funny, but the Germans are still bullish on this:
    One of the advantages of graphite is that it derives excellent power. Among other things, the material makes the one hand at the end customer demand, on the other hand allows precise investigations of graphite deposits. And that's what makes the Australian First Graphite (WKN A2ABY7 / ASX FGR) on its projects in Sri Lanka successfully exploited where you currently preparing the production of ultrapure transition graphite. For an assessment carried out by the company DHTEM survey (electromagnetics) not only confirmed the scope the shown by the geological logging Graphitvererzung, but also identified a potential additional Graphitvererzung that First Graphite has not yet been encountered with its holes and several anomalies near Schacht H on the Aluketiya project that indicate potential further Graphitvererzung. the DHTEM so -Investigating showed that expected more graphite is present due to the amount of anomalies outside of the drill holes, as the initial drilling First Graphites have identified. The company will confirm this now gradually by determining holes (infill drilling) and adjust the mine development plans as necessary to effectively establish mining areas for a long-term degradation. While this could mean that the start of production shifts, but hopes First Graphite, so long-term higher production rates from each well to achieve! The anomalies outside the bores ALK11 and ALK28 according to the company show at bay H also that another potential mineralization arising in its vicinity and First Graphite has therefore arranged that the core drill will be during the next month longer in operation to provide the relevant information to the mining engineering team as soon as possible. in addition, First Graphite now by the environment agency of Sri Lanka the final explosive approval received - after a short delay - and thus now has full autonomy over the blasting activities. Therefore you go, among others, a "dramatic increase in productivity" in. The repair of the wells on the projects and Aluketiya Pandeniya also making progress, but pushed the company on some older tunnels, which were not known before, which slowed the work. This and the information from the DHTEM investigation led to a change in the mine plan, because one wants access among others now on some deeper (about 15 meters) structures, which was discovered by the electromagnetic sensing. The revised mine plans should First graphite allow a longer-term, sustainable production and maximize the reduction of ultrahochgradigen (99.27% total carbon graphite) transition sections that were intersected with the bore ALK18. The Company believes it would have been downright unwise and short-sighted not to modify the existing plans in the light of new information. Risk Warning: The GOLD INVEST Media GmbH provides editors, agencies and companies the opportunity to provide feedback, analysis and news on www.goldinvest.de to publish. These contents are for information of the reader and does not represent a call to action whatsoever, either express or implied, they are to be understood as a warranty of any price movements. Furthermore, they replaced in no way an individual expert investment advice. Readers who take on the information offered investment decisions or execute transactions act entirely at your own risk. The purchase of securities involves high risks that can lead to the total loss of principal. The GOLD INVEST Media GmbH and its authors include any liability for financial losses or the substantive guarantee of timeliness, accuracy, adequacy and completeness of the items offered here explicitly. Please also note our user's guide. According to Section 34b WpHG we would like to point out that partners, authors and staff hold the GOLD INVEST Media GmbH shares of each company mentioned, or may hold, and thus a potential conflict of interests. We can not exclude also that other market letters, Media and Research Companies discuss our recommended values for the same period. Therefore, it may come in this period to the symmetric information and ideas generation. Further, a consultancy or other service contract exist between the aforementioned companies and the GOLD INVEST Media GmbH or have existed, which may optionally also be a conflict of interest.

    goldinvest.de: First Graphite – Neue Erkundungstechnologie zeigt weitere ultrahochgradige Graphitvererzung auf | wallstreet-online.de - Vollständiger Artikel unter:
    http://www.wallstreet-online.de/nac...logie-zeigt-ultrahochgradige-graphitvererzung
 
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