Great strategy from Management !!
Well positioned.
I have absolutely no doubt this company will crack the magical $1 in the coming 1-2 years.
They have basically a monopoly on graphite ground in Sri Lanka, pre-production flow deals are essential to bring on the technology, and once production starts to follow = market traction big time ! IMO
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development operating on triple shift program
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Managing Director, Mr Craig McGuckin said "The dual sourcing strategy being adopted by FGR will accelerate the building of FGR’s credibility as a reliable supplier of vein graphite to the market place, opening up distribution lines in preparation for expanding mine production. At the same time it gives flexibility to the advancement of the "just in time graphene production portals" which can be tailored to meet the requirements on graphene customers" From this point we will be engaging with customers more closely to meet their graphite and graphene supply needs. .
FGR Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
