FGR - First Graphene

[Dona Ferentes]

.. from October. ..that didn't last?

but it's shuffling along, with the SPP likely keeping a lid on things

.
got a call today asking about any participation, and that the SPP closes on Monday 18th. Trading has generally stayed above the 6.4c entry point . but will it do a Talga?

Multiple world-leading trials continue to validate performance benefits of PureGRAPH® in cement
Highlights
• Further encouraging results from world-leading graphene enhanced cement trials with Breedon Group and Morgan Sindall Infrastructure
• Pioneering graphene-enhanced sand trials continue in New Zealand
• Ongoing collaboration confirmed with UK’s largest precast concrete supplier.
.

 

[Dona Ferentes]

it's shuffling along, with the SPP likely keeping a lid on things. .. the SPP closes on Monday 18th.

At $0.064 per share, FGR received applications for 45,514,625 shares to raise A$2,912,936. Of the total value raised, A$222,600 was received as a placement from sophisticated investors and will be allocated as shortfall shares for the SPP. Shares will be allotted and issued on Thursday, 21 December 2023.

Proceeds raised under the SPP will be used to accelerate the commercialisation of First Graphene’s highly successful graphene-enhanced cement and concrete solution

Trading has generally stayed above the 6.4c entry point

and indeed it did ... has held above and is now 7.3c

partook

 

[Dona Ferentes]

a bit of a slump this year for FGR. Sentiment h as been poor ... today's announcement pushed it up a bit

Significant efficiency improvements achieved at Henderson graphene manufacturing facility

Highlights
• New German-made Retsch mill enables 60% improvement in downstream process efficiency and makes milling process 67% more cost effective
• A faster, more efficient drying facility with Micrea microwave due to be commissioned in mid-2024 to further improve the production process and save labour and energy costs
• Optimisation trials and equipment supported through Federal Government Manufacturing Modernisation Fund Grant
• Overall improvements in plant efficiency over the past 12 months include 32% improvement in the production rate, 25% reduction in power costs and greater ability to provide a wider range of graphene products to meet customer requirements

 

[Dona Ferentes]

40 per cent up ... closed at 7.8c on day high... 4:10 pile-in

 

[basilio]

a bit of a slump this year for FGR. Sentiment h as been poor ... today's announcement pushed it up a bit

Significant efficiency improvements achieved at Henderson graphene manufacturing facility

Highlights
• New German-made Retsch mill enables 60% improvement in downstream process efficiency and makes milling process 67% more cost effective
• A faster, more efficient drying facility with Micrea microwave due to be commissioned in mid-2024 to further improve the production process and save labour and energy costs
• Optimisation trials and equipment supported through Federal Government Manufacturing Modernisation Fund Grant
• Overall improvements in plant efficiency over the past 12 months include 32% improvement in the production rate, 25% reduction in power costs and greater ability to provide a wider range of graphene products to meet customer requirements

View attachment 174057

Great to see some serious progress in using graphene in a wide range of industrial technologies as well as improvements in processing.
Seems like sentiment is turning.

Looking at the last 5 years it has been a very long road.

I suspect that if/when a few big customers try and buy and effectively prove the product this could move.

 

[Dona Ferentes]

now $0.052

Commercial demand continues for PureGRAPH®
The overall number of existing and new approved graphene-based applications produced by FGR increased during FY24, despite the delay of several client product launches impacting revenue. Demand and use of PureGRAPH® increased among existing clients, and early traction of distributor-driven revenue started to positively affect revenue during the year. Several large-scale projects utilising First Graphene’s products reached completion during the period, which caused a slight reduction in the Company’s project services revenue segment.

Strong fundamentals
First Graphene has continued to improve cashflow management, returning a cash outflow of circa $2.815m for FY24 – a marked improvement of 17% compared to FY23. This reinforces the Company’s trajectory towards a cashflow breakeven point and will be supported by further measures in FY25 including improved project resourcing, core service and grant funded programs, and a strategic transition away from the Graphene Engineering and Innovation Centre.

With a strong sales pipeline forecast for FY25, coupled with ongoing disciplined cash management, the next financial year will further solidify First Graphene’s leading position within the global graphene manufacturing industry.

 

[Dona Ferentes]

now $0.047 ... catch the drift?

Highlights

• Two-year commercial agreement secured with Australian perovskite solar cell manufacturer Halocell Energy to supply PureGRAPH®
• Graphene utilised as a high-performing coating for solar cells, improving durability and efficiency while reducing costs
• Multi-year deal provides strong pipeline of commercial opportunities for First Graphene in growing renewable energy sector
.
.
The initial two-year agreement will result in the Company providing its leading PureGRAPH® to the New South Wales-based manufacturer for use as a high-performing coating for perovskite solar cells.

By incorporating PureGRAPH®
into its products, Halocell Energy can expedite its manufacturing process and enhance light absorbing performance, which will enable the company to scale up commercial production to meet demand.

Halocell Energy will release its first commercially available indoor perovskite solar cell module this month, which can be used to charge small electronic goods, replacing disposable batteries.

These graphene enhanced modules are up to five times more efficient than conventional silicon solar cells. They are also more cost-effective, with Halocell Energy demonstrating graphene can reduce manufacturing and materials costs by over 80% as the need for high-cost conductor materials such as gold and silver are eliminated.