Australian (ASX) Stock Market Forum

FGR - First Graphene

Jump to new
Buckfont said:
greggles, Andy Goodman is giving a talk today at the USA's National Graphene Association event in Washington DC and Warwick Grigor is talking tomorrow I believe. Maybe there has been some tasty morsels given out to entice buyers.

https://www.nationalgrapheneassociation.com/
Click to expand...

Interesting stuff @Buckfont. Thanks for the info. As you suggest, this may have something to do with the recent increase in both volume and share price for FGR.
 
FGR are waiting on the OK from NICNAS, National Industrial Chemicals Notification and Assessment Scheme, giving them the opening for graphene sales into the Australian market, which has been the only hurdle that needs to jumped over for the SP to take off. Was expected in May, but for one reason or another has been delayed.
 
FGR lifting from its torpor. After a year long decline, had been wallowing around 13c and definitely sub 15c since Nov. Volume also picking up in last couple of days.

There was a very technical announcement about controlling graphene oxide surface oxidation levels, with the implications of production of consistent material that can meet specifications of graphene oxide in a range of applications.

QC and scalability; that's what it's all about?
 
and now FGR is 20c on volume (well, 3 million shares transacted). No speeding ticket yet.

Its funny how the buyers fill in behind.
 
Recent steps by FGR have been small, the energy and awareness from presentations and conferences has faded. A cap raise in April '19 stimulated some interest but that fell away soon after.

And then the foot came off the PR pedal; with the last 12 months revealing incremental activity that is only around the edges, and in small steps of diverse industrial applications
- fire retardant
- safety boots
- mining hardware
- extrusion plastics
- oyster baskets

Right now, there's a non-renounceable entitlement issue of 1 Share for every ten held by those Shareholders registered at the Record Date at an issue price of $0.13 per Share, together with 1 free attaching New Option for every one Share subscribed for and issued.

There's a few cents in the options (FGROC - exp. Aug 2021) but headstock has retreated to issue price. Whether this perceived premium holds up after issuance remains to be seen.

upload_2020-5-13_16-58-19.png
 
maybe a bit of interest in the company today. Entitlement issue still current and SP likely to open above the 13c level

FGR and planarTECH had agreed to collaborate to rapidly test and implement the use of PureGRAPH® materials into planarTECH’s anti-static coatings for PPE. Initial materials development activities have been completed, and planarTECH will progress to the incorporation of PureGRAPH® material in the large-scale manufacturing of protective face masks. Further graphene enabled products in the PPE sector are expected to emerge from the collaboration in the coming months.
Click to expand...
FGR supplying 1 Tonne of graphene in the first year.

Ray Gibbs, Chairman for planarTECH (Holdings) Ltd., said, “We have experienced substantial, rapid and qualified enquiries for the graphene mask. The 35 or so we are pursuing all require a fast turnaround of 2-3 weeks where potential orders could be very significant. This increasing demand has meant we needed to secure a robust graphene supply to ensure we met the known market demand. We have been impressed with the speed of response and high quality, consistent product from First Graphene which is crucial in urgently supplying this much needed product across the world.“
 
Successful $6.2m raising from entitlements issue with shareholders contributing ~$4.4m (70%).

Recent rights issue of 1 new for every 10 shares, at 13c, with one free attaching option (ASX:FGROC) for every Share subscribed for.

Eligible shareholders subscribed for 18,931,827 Shares as part of their entitlements, representing 40% of all Shares offered under the Offer, being 47,508,978 Shares. Those who applied for their full entitlement were also able to apply for shortfall in excess of their entitlement, and these applications totalled a further 14,559,643 Shares. The remaining shortfall of 14,017,508 Shares received high interest and the book was closed in less than 24 hours.

(Hold and took part)
 
with FGROC options due to lapse in less than 11 months, or with 13c to be paid on the call, why would a bunny race in and buy 400K of them up to 22c, when the head stock can be bought on market and pay only 13.0-13.5c?

They've had a cent or two in them all along, but more than x1.5?
 
There has been a small breakaway from the 12-13c level of late. The oppies hanging over the stock probably keeping a lid on things (though the money to flow in could be handy next year).

Versions of their premium graphene product, PureGRAPH® powders, have been provided for customer testing and evaluation;
• PureGRAPH®5 ... fabric development, composite materials, energy storage
• PuregRAPH®10 ... wear linings, marine applications, thermoplastic materials, bulk materials handling, coatings, composite materials, rubber development
• PureGRAPH®20 ... Automotive applications, marine applications, recycled materials, sports equipment, bulk materials handling, coatings, composite materials, wear linings, rubber development, thermoplastic materials, aquaculture, building material.
1601352540117.png
 
a rather reflective (some might say apologetic) address from the Chairman:

....Whether it is a small company or an industry leader, every company considering the benefits of graphene will need to undertake extensive test work. Even when they decide they want to use graphene each potential customer needs to decide how much to add and how to incorporate it into their particular product. It has to decide on the quality of graphene it needs to achieve the desired benefits, considering the costs and the impact of the pricing of its product. It also needs to consider product differential issues. If the product is better and lasts longer, how does it introduce a line to the market without cannibalising its existing sales book? The objective is to increase sales revenue, not reduce it. Irrespective of how much better a product may be with graphene, there is no incentive to introduce it unless the profit motive is satiated.
 
Dona Ferentes said:
a rather reflective (some might say apologetic) address from the Chairman:

....Whether it is a small company or an industry leader, every company considering the benefits of graphene will need to undertake extensive test work. Even when they decide they want to use graphene each potential customer needs to decide how much to add and how to incorporate it into their particular product. It has to decide on the quality of graphene it needs to achieve the desired benefits, considering the costs and the impact of the pricing of its product. It also needs to consider product differential issues. If the product is better and lasts longer, how does it introduce a line to the market without cannibalising its existing sales book? The objective is to increase sales revenue, not reduce it. Irrespective of how much better a product may be with graphene, there is no incentive to introduce it unless the profit motive is satiated.
Click to expand...

Interesting observation. One can see that for many companies producing a new "you bewt" product that (unfortunately) outperforms and outlasts anything else they produce might not be in the companies best interest.

Perhaps new users for graphene may have to come from companies trying to break into established markets or establish a new product which utiliises the particular qualities of graphene which can't be replicated.
 
nudging higher ... now 32c


Supercapacitors Challenge Batteries: Powerful Graphene Hybrid Material for Highly Efficient Energy Storage

https://scitechdaily.com/supercapacitors-ch...energy-storage/
The team ... has now developed a novel, powerful as well as sustainable graphene hybrid material for supercapacitors. It serves as the positive electrode in the energy storage device. The researchers are combining it with a proven negative electrode based on titan[ium] and carbon.... The stable connection between the nano-structured components has huge advantages in terms of long term stability: The more stable the bonds, the more charging and discharging cycles are possible without significant performance impairment.

For comparison: A classic lithium accumulator has a useful life of around 5,000 cycles. The new cell developed by the TUM researchers retains close to 90 percent capacity even after 10,000 cycles.....
Click to expand...
 
Patented process converts petroleum feedstock to graphite, graphene and green hydrogen

(doesn't get a Market Sensitive ! )

HIGHLIGHTS
  • One-step cavitation process converts petroleum feedstock to graphite/graphene materials well suited for battery anodes.
  • Hydrogen is made as a by-product without CO2 generation.
  • Patents granted and pending ensure process is exclusive to First Graphene.
  • Opportunity for oil producers to enter the green energy market
 
and also

The company now quoted on the OTCQB trading platform in the USA, trading under the OTCQB:FGPHF ticker. This initiative has been undertaken to cater for increased investor and trading interest within the USA and provides expanded global investor access when viewed with the Company’s Frankfurt quotations
Click to expand...

someone is seeing something .. 6 month daily chart (20d MA)
1618990963019.png
 

Similar threads

System
WER - Western Australia Energy Resources
Replies
2
Views
1K
Dona Ferentes
Dona Ferentes
Dona Ferentes
OZXX - Global X Australia ex Financials & Resources ETF
Replies
1
Views
1K
divs4ever
divs4ever
System
ASL - Andean Silver
Replies
8
Views
3K
Country Lad
Country Lad
System
CSM - Cosmo Gold
Replies
2
Views
3K
Dona Ferentes
Dona Ferentes
System
KOB - Koba Resources
Replies
7
Views
3K
noirua
noirua
Top