The Talga bots hate anything positive like for instance our volume has picked up ....
I wonder how they feel deep down about the Feed Stock LOL !!!!!!!!!!
If my timeline projections are right some very serious game changers are coming....
This is all built on the incredible nature of SL Vein.
There is no comparison and much of the hard yards have been done. Scalability, Quality, Low Cost, Processing....
Production.....
FGR has had a steady as she goes, quality mindset and a stealth marketing strategy. Now they are the clear leader in Sri Lanka.
I think new friends and partners in America, Germany.... Japan??? I think are coming. An easy Pitch, we give your the Graphene..... you give us the IP....
If I was the management I would be very Aggressive about this and I have not Forgotten Exploration!!!
Exploration can be an explosive X Factor. Let us all not forget that historic Intersection....
FGR is so oversold it is one for the Text books....
No wonder Grigor was a sell on TLG and SYR and buy on FGR....
I have had to ignore allot of TLG holder because they really don't add anything meaningful.
FGR is progressing key divisions – vein graphite mining in Sri Lanka, downstream processing to produce high quality, low cost graphene and IP licencing.
Its latest announcement details licencing rights to the BEST Battery that could revolutionise energy storage by replacing chemical batteries with supercapacitors that charge in one to two minutes and last in excess of 10,000 times. It’s the next step beyond lithium-ion and could be worth a fortune to FGR.
Graphite has been parsing everyone’s lips (and some investors’ portfolios) over the past year or two, now that this once simple pencil-dwelling mineral is being rejigged and recomposed into lithium-ion batteries.
The battery revolution continues to evolve, with several manufacturers looking for ways to create cleaner, more efficient and faster charging fuel alternatives.
Which brings us to First Graphite (ASX: FGR), a graphene technology company sourcing premium quality graphite from Sri Lanka, and transforming it into graphene. But that’s no longer all it does.
Whilst progress continues with its graphite mines, and its graphene processing and development work, FGR has now jumped on an opportunity to commercialise supercapacitor technology that it could not pass up.
FGR is set to earn a controlling interest in a private company working with Swinburne University to advance a radical new energy storage device – a graphene-oxide based supercapacitor, known as the Bolt Electricity Storage Technology Battery, or BEST Battery for short.
While its sounds like something out of a Back to the Future movie – remember the flux capacitor that powered Doc Brown’s DeLorean – the supercapacitor is real and a current proof-of-concept device, which physically stores energy rather than chemically, and has already performed better than existing batteries.
It’s even been dubbed a ‘miracle supercapacitor’ and identified as a very attractive component to be used in smart phones, portable devices and electric vehicles.
The patent pending technology developed by Swinburne University overcomes energy density limitations and has several advantages. These include being ultra-thin and ultra-light, providing ten times better energy density and ten times faster charge/discharge rates than competing devices, and is capable of 10,000 charge/discharge cycles.
It is also highly flexible and integratable, while being environmentally friendly thanks to the absence of chemicals used in the technology.
FGR will provide $2 million over the next 18-24 months in exchange for a 60% controlling interest in the company that holds the international licence to this technology.
The move plays nicely into FGR’s overall plans as it is now consistently producing high quality, low cost graphene that it can use towards its technology ambitions.
Remember, however, that FGR is an early stage company and investment success is no guarantee. Apply caution to your investment decision with regard to this stock.
The addition of the supercapacitor will run in parallel with these ambitions, and provide the company with an exceptional technological synergy.
While FGR is producing ultra-high grade (95%-plus TGC) graphite at its Sri Lankan mines, it actually leans more toward being a tech company than a miner given its graphene production capabilities…
FGR is very much focussed on the growing graphene technology sector. It will enter the market without the need to finance or build a processing plant. That means there are no intimidating expenses here, which means less time to production, and a lower risk of dilution from large capital raises required to build a mine. It also allows the company to enter production without a big offtake agreement, typical of conventional graphite explorers.
The company is currently producing some of the highest quality graphene in the world at the lowest cost.
It has gained the interest of automotive companies, aircraft manufacturers, paint manufacturers and many other companies in other industries, as it expects to hit up its first graphene sales.
The commercialisation process has well and truly begun for this minerals explorer turned tech company and its foray into supercapacitor battery technology is icing on its graphene cake.
So here’s to keeping you in the FGR loop as the company moves to spearhead the graphene technology movement:
LOL !!!!!!!!!!
