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5.4¢ first graphene limited

The Sri Lanka factor, page-9

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tigmeister

13,936 Posts.

137

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 5.4¢		Change -0.002(3.57%)		Mkt cap ! $35.6M

Open	High	Low	Value	Volume
5.5¢	5.6¢	5.4¢	$18.62K	339.0K

Buyers (Bids)

No.	Vol.	Price($)
4	1032719	5.4¢

Sellers (Offers)

Price($)	Vol.	No.
5.5¢	165000	1

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No.	Vol.	Price($)
4	1032719	0.054
2	194299	0.053
3	360000	0.052
6	148075	0.051
4	255000	0.050

Price($)	Vol.	No.
0.055	165000	1
0.056	116172	2
0.057	6600	1
0.060	349140	3
0.062	167512	3

Last trade - 14.57pm 05/06/2024 (20 minute delay)


Last 5.4¢			Change -0.002 ( 0.00 %)
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