Hi Nunga,
I am not fussed by the so called competition blow ins or the investors who have arrived late.
As Chillipill said, there has been many missed promises, I think you will find all companies miss targets or delays occur.
We are all looking for FGR to show us the money, I believe they will be the first graphene company to do this, that is why I am a shareholder.
Lets look at this from a risk reward perspective, Y
FGR has a MC of only $68mil, one of the lowest MC out the highest MC Graphene companies,
Versarien MC $270 mil (3t Graphene capacity)
Talga $120 mil (has not disclosed graphene production capacity for Phase 3)
FGR has the following.
Fully approved mines in Sri Lanka with a supply agreement for all of the Governments mines production. Plus 39,500ha of exploration area with an additional 17 mine shaft locations ear marked for development.
100 tpa modular production cell that has been fully commissioned in Henderson, with enough graphite stockpiles for 3-5 years production.
PureGRAPH is a consistent product that can be produced batch in batch out, this is significant development. The Graphene is FLG / MLG, low defect, high Aspect Ratio and offers jumbo platelet graphene, (that no one else can manufacture)
REACH approval to sell upto 10t of Graphene into Europe / UK, only four companies in the world has the approval, WG disclosed in his GoldInvest.de that FGR are apply for the next band 10-100t, TLG and VRS do not have these approvals.
FGR will be the only company approved to sell or import Graphene in Australia (NICNAS), we already have one disclosed sales agreement for 2tpa which is one of the largest bulk sales of graphene ever announced, the recent investor presentation indicated we have also applied for EPA approval in the USA.
Tier one partnership with GEIC that is limited to 10-12 members,
Tier one partner of the Australia ARC Graphene Hub,
Then we have
2dFluidics (FGR 50% owner) - VFD and Turbo thin film. these devices are currently being commercialised,
VFD can be used to manufacture green Graphene Oxide gGo, Boron Nitride, Graphene, cut carbon nano tubes to a exact sizes, manufacture biodiesel, cancer treatment, plus many more. VFD is also being installed at GEIC.
FireSTOP - Fire Retardant paint that is cheaper and provides better protection to existing products available on the market. It was expected to undergo certification in November 2018.
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