FGR 3.57% 5.4¢ first graphene limited

Hi Peppa totally agree, I am also a holder of KNL, Its has taken...

  1. 15,888 Posts.
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    Hi Peppa totally agree,

    I am also a holder of KNL, Its has taken over 12 month to try to secure finance for around 70Mil,

    FGR on the other hand, around 150k to get a mine started, the production unit is costs as much as a small car, the footprint require for FGR is tiny, I looked up SYR qtr report, the amount of money they are spending is crazy, with a budget blow out to 185Mil USD.

    If we look closer to home(SL) Enclora's ragadara mine at its peak used to produce 18,000 tpa, The production has now been reduced to 500ta, It is highly probable that FGR could easily exceed these historic production from there 39,500 Ha,

    Great support at 11c with 636k shares

    I hope the QTR results are released on Monday (Fridays never have good news)
    Last edited by spid81: 26/10/16
 
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