Whytee,
As I said to you the other day. Your research skills are extremely poor.
You know nothing about FGR, no wonder you are a EDE shareholders. Great work on the CR the other week. Needed $8mil, shareholders found around $2mil.
FGR has their own mines and 39500.ha of exploration area in Sri Lanka.
The company decided to put the mines on C&M when the company had over 300t of graphite stockpiled at Henderson. It is currently IMO cheaper for FGR to buy from third parties rather than mine it themselves. As demand increases for sri lankan graphite (price increases) fgr can restart their mining operation.
The other benefit of using the government supply, once it runs out, it removes graphite supply from our competitors.
Love your sell and not held disclosure.
Whytee, As I said to you the other day. Your research skills are...
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Last
5.7¢ |
Change
-0.001(1.72%) |
Mkt cap ! $37.57M | |||
| Open | High | Low | Value | Volume |
| 5.7¢ | 5.8¢ | 5.7¢ | $23.54K | 412.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 65081 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.8¢ | 59328 | 1 |
View Market Depth
| Last trade - 14.19pm 08/05/2024 (20 minute delay) ? |
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Last
5.6¢ |
Change
-0.001 ( 3.45 %) |
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| Open | High | Low | Volume | ||
| 5.6¢ | 5.6¢ | 5.6¢ | 6288 | ||
| Last updated 12.29pm 08/05/2024 ? | |||||
| FGR (ASX) Chart |