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Froggy $

12,873 Posts.

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23/08/20

20:04

Post #: 46751987
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Originally posted by spid81 ↑

Hi Yowie,

If FGR reached its BE, we wouldn't be having this conversation.

I don't think anyone can defend the amount of money that has been raised over this period. The one thing I do know,

FGR's graphene is now being adopted in a number of industries and its graphene is providing a significant benefit in a range of applications. Management might not be perfect, but they have developed a graphene production method that produces graphene that works.

There has been significant dilution and equity raised. Although I don't believe you are being fair with only providing one example.

Talga who are in the same industry as FGR, have no commercial graphene facilities, No sales agreements, and are yet to obtain a mining permit for its project. Have raised $44.4mil over the same period.

They raised an additional $9.45 mil in 19/20 and $10 mil last week. Total funds raised $63.85mil

What do they have to show for the ~$64mil raised?

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