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6.1¢ first graphene limited

Do First Graphite still retain access to this mine? Can it be...

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tigmeister

13,707 Posts.

128

19/04/24

19:37

Post #: 73432471
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Originally posted by BlackBeak: ↑

Hasn't been much mention of the sovereign risk that is Sri Lanka.

The government has essentially locked everything down except for emergency services for the next 2 weeks. I'm assuming this means mining activities and the transport of graphite will also be on hold. I'd normally say there's a risk of the Government taking our mines, but they are mothballed anyway and we buy from the government owned mines already, so not as much of a risk.

But given cavitation isn't up and running yet, has FGR's supply chain been totally cut off?

The only saving grace which probably makes this a non-issue for the next few years is that we ordered a whole heap of graphite, and given lack of sales (and a large amount of unsold Graphene on hand going by the quarterly reports), we hopefully have enough to last us to the other side of this crisis.

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Do First Graphite still retain access to this mine? Can it be restarted?

FGR Price at posting: 6.1¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 6.1¢		Change 0.002(2.52%)		Mkt cap ! $40.21M

Open	High	Low	Value	Volume
5.9¢	6.1¢	5.8¢	$35.58K	595.9K

Buyers (Bids)

No.	Vol.	Price($)
1	51724	5.8¢

Sellers (Offers)

Price($)	Vol.	No.
6.1¢	59980	2

View Market Depth

No.	Vol.	Price($)
1	51724	0.058
2	85000	0.056
4	54000	0.055
1	123000	0.054
2	100300	0.053

Price($)	Vol.	No.
0.061	59980	2
0.062	157512	2
0.063	4080	1
0.064	323041	2
0.066	67301	1

Last trade - 16.10pm 02/05/2024 (20 minute delay)


Last 6.0¢			Change 0.002 ( 0.00 %)
Open	High		Low	Volume
5.8¢	6.0¢		5.8¢	175741
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