FGR 0.00% 2.9¢ first graphene limited

Welcome back Jumpy, I would say you have been sadly missed, but...

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  1. 4,846 Posts.
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    Welcome back Jumpy, I would say you have been sadly missed, but that would be lying.

    By any chance did you read the Asx announcement that this thread is about?

    The following section confirms your calculations of quantities required.

    Looking further into the future, it is not unreasonable to be aiming for
    production levels in the range of 500-1,000 tpa, which would result in
    significant earnings being achieved to the benefit of shareholders. First
    Graphene is determined to build on its first mover advantage to secure its
    position as the world’s leading graphene producer.

    It looks like we have to wait a few years.

    I am pretty happy with that forecast for a $500mil MC.
    The 666 tonnes based on $150k Tonne sounds reasonable, as the newGen order was quoted as being in excess of $250k per Tonne. Your calculation doesn't take into account any revenues from IP, who knows FireSTOP might have gain certification by then.


    Thank you for sharing.
    Last edited by spid81: 28/03/19
 
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