Good Morning L,
I communicate with a few EGR shareholders, one of them asked for stock tips that we think will possibly see similar gains as EGR has had recently. The post was intended for them and other Hotcopper readers to get a detailed explanation of First Graphene and its major developments.
As you can see with the following chart, EGR and FGR were trading very similar for most of 2020. In Jan 2021 EGR has taken off, this is all due to 2 or 3 price-sensitive ASX announcements that the market had been waiting for.
NVX, TLG, EGR, VUL and HZR are all similar companies to First Graphene (Battery elements or Hydrogen) where they have all see significant gains after they had their weekly golden cross. FGR seems to be following VUL and HZR cross, where it took weeks before the SP started to increase significantly.
Investors should note, none of these companies are generating an income, have a commercial production facility, and are years away from building a production facility. They are also not as diverse as FGR with IP's or potential revenue sources.
Hi Rodd and Gunn,
My apologies for not making that point more clear.
The masterbatch company is a chemical company not concrete, Plastics, etc. If they are seeing the improvements as per our other offtake partners, the volumes required will be significantly higher than all of our existing purchase agreements.
I also missed out the Shipbuilder (Ascent) who has orders for 4 Graphene/fibreglass infused boats
September QTR report
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